It seems we have a decision to make. We have found two houses we love - we'll call them Bob and Flo ("A" and "B" is so predictable, don't you think?). Bob is on a picturesque street in a historic district. He's a sweet little brick house with a side porch and a picket fence (yes, they still exist). Bob has huge bedrooms and an updated kitchen. Seriously, Bob is CUTE. He's two blocks from the park and coffee shop, and Montgomery can't boast many parks and coffee shops. But he also has the price tag of a historic district. We can technically afford Bob, but thinking of a budget with Bob's mortgage included makes me need to take a deep breath. Even so, there's no question of resale with Bob. Not that we'll move anytime soon, but eventually we'll want more house than we intend to buy this time around. And Bob will always do well, because of his location and his undeniable charm.
On the other side of the road we have Flo. Flo, she's a doll. She has a great backyard with a brick stove, a sun porch with built-in bookshelves (I LOVE built-in bookshelves), a newly remodeled kitchen, and a great lay-out. She also has a working fireplace and is clean enough to perform emergency surgery in the living room. In terms of layout and usefulness for a family, Flo is our gal. She's just as historic and just as maintained as Bob, but she's on the other side of the road. The side that is just as stable, but doesn't sell or appreciate quite as readily. She isn't Cool, but she's adjacent to it. Cool Adjacent Flo.
Truthfully, Flo has my heart. And Flo has a pricetag that makes me want to throw a party. But Flo is a little riskier when it's time to sell. Bob won't let us down later, but he stresses me out now. Flo is SWEET for now, but she could stress me out later.
If you think of it, say a prayer for us today. We can always decide not to take Bob or Flo, of course. But we'll probably pick one. If it were you, which risk would you take?