Friday, 10 August 2012

September 2011 - Exploring Our Options


September 2011

Our first step was talking to a realtor to get an idea of what our house was worth and how much a smaller downsized house would cost.  We knew a great realtor from the softball team, and he is a real “numbers guy” who helped to crunch things down.  Frankly we didn’t know what we wanted in a smaller home, and Mike was the most patient realtor in the world showing us our options and what kind of a place $XXX would buy.  Really debated between a condo apartment vs a townhouse and Mike showed us everything.

Since we loved our house – the openness and welcoming feel – our biggest fear was selling it and then being at the mercy of whatever smaller happened to be on the market to buy.  We just didn’t want to settle.  We knew our existing house would sell, so we decided to find the smaller place first then put our current house on the market.  We were able to arrange construction financing in the event we didn’t find a suitable smaller home, built the cottage first, then sold.  We also considered the possibility of renting short-term if there was nothing worth buying when the cottage was finished.  And then who knows if / how long we’ll even need a little place in the city.  Many of our neighbours up there commute every day.  We were really facing a lifestyle change too – not just a change of address.  So we just decided to keep all our options open and see what turned up.

In the interim, I started fixing up our house in preparation to sell.  We had kept it up over the years, installing hardwood floors, relatively new furnace, etc.  Had the master bath ensuite done in Nov 2010 – all in neutral colours knowing we would eventually sell.  We had such glorious fall weather I was able to focus on the outside.  Stained the back deck, cleaned up the garden and made little rock planting areas, had the front walkway levelled, and painted the garage door (thank you to Maritza’s ex-friends for egging our house – I really had nothing better to do…).


No comments:

Post a Comment