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re: Opinion on buying a larger home within budget - sacrificing location.

Posted on 11/10/22 at 3:30 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40174 posts
Posted on 11/10/22 at 3:30 pm to
quote:

However its 1100 sq/ft and 2Bed 2Bath. With one kid and 2 larger dogs.


The first house I owned we had 2 kids and 1 dig. 3Bed 2Bath 1200 sqft

You should be comfortable in your situation. Might not be a luxury but plenty doable.

Take the additional cost of the new house (be sure to consider not just PITI but additional utilities etc) and save it every month for a year.

If you never feel pinched, move in a year and now you have a nice emergency fund
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