What age did you buy the 'forever' house?
Discussion
We cheated at this as we bought our forever house aged 48, its a big 5 bed on about half an acre about a mile from the beach.
However having moved to a less expensive area, we also bought a townhouse that backs on to castle and millpond and an apartment in the same area - so I suspect we have our downsizing needs covered and in the interim both provide some income as holiday lets....
we moved into our forever home 10 years ago I was 40, Mrs M was 38 we done loads on it and it was show home perfect and had a garage larger then some peoples houses !
we sold it and moved 3 months ago into our "latest" forever home
hopefully this one is it ! needs loads and currently got a small single garage
massive mortgage increase and loads of work required again wasnt the plan but your only here once...............
we sold it and moved 3 months ago into our "latest" forever home
hopefully this one is it ! needs loads and currently got a small single garage massive mortgage increase and loads of work required again wasnt the plan but your only here once...............
I'd be happy in my current place (3 bed detached) with plenty of land to extend onto however the schools in the local area are appalling and dangerous. As in metal detectors and armed police making regular visits bad. When we bought the house 7 years ago it wasn't really something we looked at but hoping to have kids in the next few years so we'll be forced to move.
biggiles said:
When the children will enjoy it? 6+?
IMHO little point in moving to an amazing family home when the children have left home. Perhaps I will feel differently when it's back to 2 of us...
About where we are now. You can never say you'll have a forever home as once the family go it's comfortable, but silly having a huge house with the bills to go with it. at that point it makes sense to go smallerIMHO little point in moving to an amazing family home when the children have left home. Perhaps I will feel differently when it's back to 2 of us...
It's 3 houses for us.
1st - 4 years - 2 bed terrace
2nd - 11 years - 4 bed semi
3rd (and probably final) - 4 years so far - 6 ish bed detached, bought at 41
I am also in the never say never camp, but I can't currently see us selling the current place, although it probably ends up being a little big for 2 once the kids move out (currently 8 & 10 yo)
1st - 4 years - 2 bed terrace
2nd - 11 years - 4 bed semi
3rd (and probably final) - 4 years so far - 6 ish bed detached, bought at 41
I am also in the never say never camp, but I can't currently see us selling the current place, although it probably ends up being a little big for 2 once the kids move out (currently 8 & 10 yo)
Since I was in my mid 20s I have bought 12 times and sold 11 times. Numbers 4, 5, 7, 8 and 9 were all the really expensive ones. I’m now 59 and have been in the current place for 4 years and this was the start of a downsizing move for me.
Next move MAY be the last but will definitely be small (ish) again and will be to warmer climbs. Aim to do that in the next 24 months or so.
Mrs Piano and I do like to have an adventure every few years!
Next move MAY be the last but will definitely be small (ish) again and will be to warmer climbs. Aim to do that in the next 24 months or so.
Mrs Piano and I do like to have an adventure every few years!
I was 34 when I moved to my current place and I've no intention of moving again. It's bigger than we'll ever need and was a bit of a bargain at the time thanks to it needing work doing (almost all of which I've now done myself). It's one of the benefits of having a half-decent job up north - there's no way on gods' green earth I'd be in a similar situation if I'd stayed down south (well not without working hard, which I don't like doing).
okgo said:
By forever house I mean the most expensive one you'll buy and the one that all being well you'll be in for the bulk of your active life (so not talking about retirement flats/bungalows etc). Obviously best laid plans don't always work out and divorce/death/bankruptcy etc do happen, but this is a 'all being well' question...
I'm planning our next move at some point in probably the next ten years which would bring us to mid 40's, it got me thinking that that may actually be a little late? Moving from a city to somewhere with more space, taking on another large debt, not fully enjoying the facilities of a larger garden etc. All of these things got me thinking whether this is really something to try and be doing nearer to 40 than 50...
What say you?
^ What does this mean?I'm planning our next move at some point in probably the next ten years which would bring us to mid 40's, it got me thinking that that may actually be a little late? Moving from a city to somewhere with more space, taking on another large debt, not fully enjoying the facilities of a larger garden etc. All of these things got me thinking whether this is really something to try and be doing nearer to 40 than 50...
What say you?
52. Before then I simply couldn't afford it.
QuartzDad said:
Forever home 31, kids were 4 and 1.
Still here 23 years later. Might move when we retire.
Same exactly, including kids' age, although we only bought one house before that at 28. Still here 23 years later. Might move when we retire.
It was quite a daunting prospect at 32 as it was £250,000 then (2001) and we had to spend £75k on it straight away.
We sold it 4 years ago when our last one went to uni for almost £1m and bought a project for £400k that needed £100k spent.
The kids were distraught as they were very attached to the house of their childhood but we weren't too upset!
I can't see this kind of lucky break happening again for the next generations. It was just down to when we were born basically. And a bit of work/risk.
Evoluzione said:
^ What does this mean?
52. Before then I simply couldn't afford it.
May be slightly wrongly worded but..52. Before then I simply couldn't afford it.
Right now my garden is about the size of a slightly oversized squash court as is common for a terraced London house, we live near everything you'd want in terms of green space/pools/parks etc but it isn't quite the same as walking out the back door. BBQ's with more than 6 guests would feel quite tight, kids parties are not an option etc. I'd like a larger garden, pool possibly, certainly enough room to boot a football about with kid(s) etc - I think if the kid(s) had left home it would perhaps diminish the enjoyment of a larger garden.
Do hear the points around large house and rattling about in it, but I think there probably is a middle ground somewhere, not interested in a 4000Sqft+ property, but it would be unlikely to find what I want in terms of situation and such with a small house on the plot unless it was a big refurb/knock down job which I also am not that keen for.
first house 22
forever - home - 43 (Thought it was 32 but you live and learn)
Big mortgage.... large enough to ensure I cannot retire
Land - Heck yes and would not have it any other way
Child - joined us 2 years later at forever home so time for kids to enjoy it
15 acres, horses, tractors..... love it
forever - home - 43 (Thought it was 32 but you live and learn)
Big mortgage.... large enough to ensure I cannot retire
Land - Heck yes and would not have it any other way
Child - joined us 2 years later at forever home so time for kids to enjoy it
15 acres, horses, tractors..... love it
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