Last January, husby and I bought our first home. I was very newly pregnant at the time and quite naive to the gear and space requirements of a new child.
We bought our home with the intention of living in it for 3 - 5 years and eventually renting it out when we were ready to purchase a larger home. This made a lot of sense to us because home rentals are fairly easy to maintain, are great long term investments, and because we're near the downtown area and a major state university renting it out to good tenants would be very easy.
Fast forward to October and our cute little 2 bed, 1 bath home is feeling awfully cramped with swings, bouncers, jumpers, play mats and various Boppy pillows filling up the open spaces. Long story short is that we're now in the market to buy a new home within the next 6 - 8 months but this time we'd like to buy our forever home.
The problem we're encountering is size versus location. We love our location; lots of great restaurants within walking distance, beautiful neighborhoods with developed communities with lots of history surrounding them. However, if we move a little further out our money will get us a lot more bang for our buck. Either way we'll be in a bigger home but it might not big enough if our family expands again in the future or we might be a greater distance from the amenities and features that we enjoy now.
What would you rather have, lots of space to spread out or a fab location? I'm leaning towards location...