First off I love my house, it is a 1600ft^2 colonial w/ basement. I didn't have any interest in moving any time soon, though I saw a house for sale in a better area. Currently my house is in a place that gets very cheap utilities, which is what I like about it. This other house is a rare house as it sits on the border of two towns. It has the cheap electric and at the same time is in the best school district in the area. The two high schools are both rated in the top 100 in the country. The house sold for $345k in 2007, the seller had issues and tried to sell it in 2011. It looks like it might have been vacant for a couple of years and the price dropped to about $250,000 recently. My realtor said that a house that has been vacant can have problems from neglect. If there was a leak, it can be a lot worst, than if someone actually lived there, etc. Owning a home and doing a lot of DIY has taught me a lot about what to look for, etc. Though if I do like it I would get inspectors including mold to check it out.
The location is one of the biggest selling points for me. I am perfectly okay living in my house, though if the price, condition, and location are good, it would be hard not to move. The house has more than double my current property, is closer to work, double the square footage, and has some more unique styling than our house. I think the footage includes the basement, which our current house doesn't. Also it is about ~$70k more than my current house and I have about $50k in equity in my current house. I don't mind living in a small house, as it is less to clean and less places to lose your car keys.
I am working with my realtor to take a look at it and I guess that will be the biggest factor if I move forward or not.
The location is one of the biggest selling points for me. I am perfectly okay living in my house, though if the price, condition, and location are good, it would be hard not to move. The house has more than double my current property, is closer to work, double the square footage, and has some more unique styling than our house. I think the footage includes the basement, which our current house doesn't. Also it is about ~$70k more than my current house and I have about $50k in equity in my current house. I don't mind living in a small house, as it is less to clean and less places to lose your car keys.
I am working with my realtor to take a look at it and I guess that will be the biggest factor if I move forward or not.