Do we move...again? Confused. (Too long.)

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Spiky Bugger

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A year ago, we moved about 300 miles from our then-long (for us) -term home to a town where we had lived almost 30 years earlier.

Small town, few big city problems, you figure out right away which tradespeople show up as promised and which are just confused all the time.

HOWEVER...

The population is older and it's easier to get to the big city than it was 30 years ago, so most of the little Mom & Pop stores closed and were replaced by junkier places. I don't foresee any growth here in the near future.

And...it didn't occur to me until we moved that EVERY time we need an ENT or GI doc or a Uro, it's a 20-60 minute drive each way, each time, for every doctor's visit...and those only increase in frequency as we age. And driving while on pain meds or being a passenger after a fecal transplant is not a great idea. (I'm nagging my BFF who is 76 years old and lives in the woods of Wisconsin and needs a 90 min. drive each way to the doctor, often on icy roads, on this very topic. By insisting we "age in place" we put ourselves at risk. Her situation is worse than mine.)

To make THIS place, the bathrooms especially, handicap accessible--we just spent 10 years watching my mom age and die and accessible bathrooms are a HUGE issue in being able to stay at home, and we already know that some day Mr. Sue will need back surgery and I'm always limping around here for one reason or another--we will need to spend MANY thousands of dollars and a month in a hotel. We may not have thought this through very well.

If we move to the next town over, we will be MUCH closer to the resources we seem to need...and, we can generally get MUCH more house for the same money. (That town is still recovering from the housing meltdown, our smaller town didn't suffer as much.) The Senior Center there is the Ritz Carlton compared to what we have here, which is a lot like an Army mess hall. We can eat at the nice place...we have different dietary restrictions...probably half the days in the month, for $1.50 each. It's like a restaurant...enter, be seated, choose your dining option, get served, they clear the plates. (Why eat there? It's easier to get variety. I don't like making a pork roast or roast turkey or rib roast for two. And in case HE'S jonesin' for lasagna and we go on lasagna day, they have an adjacent cafe where I can buy hardboiled eggs and cheese slices and such.). And they have lots of fun classes and activities. Yes, we can drive there, but that would cost us about $5-7 per day, which is why we go now only when we have appointments nearby. Otherwise, it's just silly to spend $7 to go to the $1.50 lunch.

But, of course, three percent of our cost of THIS house was commissions...and we'd pay that again to sell and again to buy in the next town. Or we could buy there and rent this one out for ALMOST enough to cover our expenses. The other town is not a quaint little village...crime rate is higher...but it is also NOT the dump it was 30 years ago.

And here...Himself has what I call his playhouse, which is a 17 x 20 "workshop," where he can hide from me.

We JUST moved. We don't want to move. But we don't want to spend, say, $40k (I'm making this number up) on a *house that will never be worth that much more.

What to do, what to do....



*This should say that I don't want to spend $40k on an improvement that will not increase the property value more than, say, $15-20k.
 
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There is another possible tax consequence - IIRC, you can't protect the profit (assuming there is any) from capital gains if you haven't lived in the house for at least two years.
 
Moving is a pain. I have moved a lot in my adult years. However, having reasonable access to medical care is important. I have seen elderly people move out to the country, where it is peaceful and cheaper to live, but then have real problems in getting to doctors and the hospital when they have medical issues and emergencies. I met one couple who had retired to a beautiful mountain town and asked them how they were enjoying their retirement. They said they loved living in the area but were going to have to move closer to the city because it was too far to see their doctors and too far from a hospital in case of an emergency.
 
So what if the new house doesn't appreciate that much? How long will you live in it before maybe choosing assisted or communal living? If you keep and rent out the current house, the income would help (if rental is really worth it) but as a landlord you'll still have responsibilities and expenses. So I would recommend sell it and move to a new place with a playhouse. Easy to say from this distance - I have a duplex I rent out and it is sometimes a royal pain. Each time there's tenant turnover I get closer to selling it outright.

The place I live in now is a HUGE old (1890) house, single-family-with-inlaw-apartment that's rented out at a very low rate to a captive handyman, who just finished his third major bout of running the snowblower in a week. Whew. But the town is threatening to re-zone this old residential area to a commercial/industrial designation, damn their eyes. I checked out what would be allowed in the new zone: stuff like auto-parts stores, landscaping yards, fast-food joints, adult entertainment ...whoa there! I've now started aggressively spreading the rumor that if they change the zoning I'm gonna turn this place into a brothel. My MIL will be the madam, the handyman will be the manager, and I'm moving back to NH. We've already had our first customer. The social worker who visits my MIL is also a chronic beekeeper. He came by one hot summer day to help with my hives and got completely drenched in sweat, but still had visits to make, so took off his shirt and was waving it around to dry it out. The net result was that a chubby middle-aged guy left here at mid-day half-dressed and in a hurry, with the lady of the house waving goodbye. We told him the neighbors were told he was our first client and he hasn't been back since.
 
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There is another possible tax consequence - IIRC, you can't protect the profit (assuming there is any) from capital gains if you haven't lived in the house for at least two years.
Hmmm...you are, as usual, correct. BUT, if we call it a separation, there's an applicable loophole!
 
I'm one who commutes around 1,000 miles just to avoid moving so probably not the best one to advise on this matter, but I agree the best course is to be near medical care and in a home that is accessible and easy-to-care-for. Couldn't hurt to see what's out there, at least!
 
In the summer, in the desert or somewhere really hot like TX, if I'm not mistaken. No thank you - why do religious fundamentalists always make women dress uncomfortably and impractically?

We should all be wearing Lycra capris and elbow-length shirts. And maybe a pretty, light, floaty, butt-covering overblouse. That could be our uniform.
 
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