I have inherited a bungalow, shared with a sibling but they are happy to just have their share of the money. It’s in the town where I live already, in a nice area and has the outside space that we’re missing in our current house.
But....the inside isn’t really big enough. We’ve looked at a loft conversion, but there’s not enough head height to do much more than put our son’s room and some storage up there. There is room to extend out which would give larger living space downstairs, but our bedroom would still be downstairs. DP works night shifts, so not sure if that will work?
We have been wanting to move from our current house for a while, but it hasn’t been financially possible. I was fortunate to inherit some money aswell as the bungalow, so originally was looking at houses for sale, but there’s nothing that I really like that isn’t unaffordable! And then of course, the pandemic hit. Will we be able to sell two properties and will their value be badly affected?
Basically my question is...is it better in the current climate to just put the bungalow and our house on the market and wait, hoping that my dream house turns up? Or throw a lot of money at a house that still might end up not quite right for our lifestyle? ( but does have a lot of plus points )
I’m hopeless at decisions so any input welcome!