To get better house or not

[Icantfindausername]

Thoughts please
We have a nice 3 bed townhouse which I love and which we have done to a high spec, neighbours are lovely and a nice area. The only thing I don't like is we have a steep garden and no dining room. When we look to move to similar houses we'd have to spend like 80k more to get a better house with dining room and the space we have now. The only time it bothers me is when entertaining as I always think I'd like something with more space in a dining area. What would you do is it worth the extra or should I be happy with what I have? Thanks

Depends if you can afford it or not.

Sell and rent?

Interesting blog article about homes not being the investment they first appear: jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/

I know it's easy to get lost in numbers because house prices are so huge, but £80k seems like an enormous amount purely to get a dining room and a nicer garden to me, especially as you say the lack of dining room doesn't bother you on a daily basis! If you have enough slack in the budget to afford a bigger house, instead could you not assign a little more money on other things which make entertaining in a smaller space easier - e.g. a good extending/folding dining table, or even doing more entertaining outside the house? Assuming you'd have to borrow the extra £80k at at least a 2% interest rate, you'll be saving £1600 per year which buys quite a lot of meals outside the house!

Of course as Babyshark says it is all relative, for a billionaire £80k is peanuts and of course if your heart's desire has always been for a dining room, it will give you joy every day and you can afford it then why wouldn't you, but for most people I would have thought the cost/benefit equation lands on not worth it (my dining room is just a magnet for junk and dust most of the year and gets properly used maybe twice a year!)...

@maxelly thank you, what you say makes total sense, thank you for you reply.
When you say "Entertaining outside the house" do you mean like in the garden? Or paying to eat out? Just interested in your ideas. Thanks again x and also that's what everyone says no one uses their dining table! x

I meant treating visiting family/friends to meals in restaurants or a local pub as opposed to cooking at home (if space is an issue to sit down and eat is a problem!) but come to think, a nice set of patio furniture is also a good alternative if you have the space for one!