Forum Replies Created
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AuthorPosts
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Scarlett
Participant[quote=lepetitangel]Yah.
I guess one reason we started looking is just because I was worried that market is not gonna go down too much more. A lot of people on the forum seem to think market will be down/flat in the next 0~5-years. Do you agree?Yah…I wanted 1800+ sqft cuz if we do have kids, my in-laws may move in and help for a bit. In that case, having both me and hubby, in-laws and baby, I think we def. need 3+ rooms. It’ll be nice to have large living area as well. That’s the reason why we want to buy. But then again, we can wait for another 2+ years.
It’s just so hard to time the bottom of things…when is the housing gonna hit bottom?
Seems like the current bottom is about March 2009 (same as stock market). But I don’t know if we will revisit the buttom. What you think?[/quote]
I agree that if you have parents living in with you, you need 3+ bdr and at least 1800 sf. Rather than stretching yourself thin now and compromising too much on the house, why don’t you wait and save for that time.
I also think that the market will not go up anytime soon, therefore flat or slightly down for the next few years. I believe in the double dip and I think we’ll see the spring 2009 prices again, and lower, as many on this forum do. But nobody has a crystal bar and very few anticipated how much the government intervened to prop the price up (or to slow their decline). But YOU need to think about all scenarios and see what’s the downside of waiting for YOU. What is the amount of risk and wait you can tolerate.
It doesn’t matter what I think. One cannot time the bottom. Better buy in a more solid normal market, in a better economy, on the way up. I don’t know when that would be, but sure as hell is not now.
From what I get from you – it’s the commute now, and kids+inlaws, later. Well, if the commute is that bad, then rent in CV something small and SAVE. I can’t tell if you should sell, or rent your place out. Then when kids come, buy a larger house. Rates will stay low for a while. So will prices, if they don’t go even lower. What if you buy now and all hell breaks loose and houses dip another 50% in a couple years? Will you still be ok with the house you bought? If you have to move, what do you do then – take a bath, or rent it out for less than P&I – are you ok with that?
Participant[quote=lepetitangel]Yah.
I guess one reason we started looking is just because I was worried that market is not gonna go down too much more. A lot of people on the forum seem to think market will be down/flat in the next 0~5-years. Do you agree?Yah…I wanted 1800+ sqft cuz if we do have kids, my in-laws may move in and help for a bit. In that case, having both me and hubby, in-laws and baby, I think we def. need 3+ rooms. It’ll be nice to have large living area as well. That’s the reason why we want to buy. But then again, we can wait for another 2+ years.
It’s just so hard to time the bottom of things…when is the housing gonna hit bottom?
Seems like the current bottom is about March 2009 (same as stock market). But I don’t know if we will revisit the buttom. What you think?[/quote]
I agree that if you have parents living in with you, you need 3+ bdr and at least 1800 sf. Rather than stretching yourself thin now and compromising too much on the house, why don’t you wait and save for that time.
I also think that the market will not go up anytime soon, therefore flat or slightly down for the next few years. I believe in the double dip and I think we’ll see the spring 2009 prices again, and lower, as many on this forum do. But nobody has a crystal bar and very few anticipated how much the government intervened to prop the price up (or to slow their decline). But YOU need to think about all scenarios and see what’s the downside of waiting for YOU. What is the amount of risk and wait you can tolerate.
It doesn’t matter what I think. One cannot time the bottom. Better buy in a more solid normal market, in a better economy, on the way up. I don’t know when that would be, but sure as hell is not now.
From what I get from you – it’s the commute now, and kids+inlaws, later. Well, if the commute is that bad, then rent in CV something small and SAVE. I can’t tell if you should sell, or rent your place out. Then when kids come, buy a larger house. Rates will stay low for a while. So will prices, if they don’t go even lower. What if you buy now and all hell breaks loose and houses dip another 50% in a couple years? Will you still be ok with the house you bought? If you have to move, what do you do then – take a bath, or rent it out for less than P&I – are you ok with that?
Participant[quote=lepetitangel]Yah.
I guess one reason we started looking is just because I was worried that market is not gonna go down too much more. A lot of people on the forum seem to think market will be down/flat in the next 0~5-years. Do you agree?Yah…I wanted 1800+ sqft cuz if we do have kids, my in-laws may move in and help for a bit. In that case, having both me and hubby, in-laws and baby, I think we def. need 3+ rooms. It’ll be nice to have large living area as well. That’s the reason why we want to buy. But then again, we can wait for another 2+ years.
It’s just so hard to time the bottom of things…when is the housing gonna hit bottom?
Seems like the current bottom is about March 2009 (same as stock market). But I don’t know if we will revisit the buttom. What you think?[/quote]
I agree that if you have parents living in with you, you need 3+ bdr and at least 1800 sf. Rather than stretching yourself thin now and compromising too much on the house, why don’t you wait and save for that time.
I also think that the market will not go up anytime soon, therefore flat or slightly down for the next few years. I believe in the double dip and I think we’ll see the spring 2009 prices again, and lower, as many on this forum do. But nobody has a crystal bar and very few anticipated how much the government intervened to prop the price up (or to slow their decline). But YOU need to think about all scenarios and see what’s the downside of waiting for YOU. What is the amount of risk and wait you can tolerate.
It doesn’t matter what I think. One cannot time the bottom. Better buy in a more solid normal market, in a better economy, on the way up. I don’t know when that would be, but sure as hell is not now.
From what I get from you – it’s the commute now, and kids+inlaws, later. Well, if the commute is that bad, then rent in CV something small and SAVE. I can’t tell if you should sell, or rent your place out. Then when kids come, buy a larger house. Rates will stay low for a while. So will prices, if they don’t go even lower. What if you buy now and all hell breaks loose and houses dip another 50% in a couple years? Will you still be ok with the house you bought? If you have to move, what do you do then – take a bath, or rent it out for less than P&I – are you ok with that?
Participant[quote=lepetitangel]Yah.
I guess one reason we started looking is just because I was worried that market is not gonna go down too much more. A lot of people on the forum seem to think market will be down/flat in the next 0~5-years. Do you agree?Yah…I wanted 1800+ sqft cuz if we do have kids, my in-laws may move in and help for a bit. In that case, having both me and hubby, in-laws and baby, I think we def. need 3+ rooms. It’ll be nice to have large living area as well. That’s the reason why we want to buy. But then again, we can wait for another 2+ years.
It’s just so hard to time the bottom of things…when is the housing gonna hit bottom?
Seems like the current bottom is about March 2009 (same as stock market). But I don’t know if we will revisit the buttom. What you think?[/quote]
I agree that if you have parents living in with you, you need 3+ bdr and at least 1800 sf. Rather than stretching yourself thin now and compromising too much on the house, why don’t you wait and save for that time.
I also think that the market will not go up anytime soon, therefore flat or slightly down for the next few years. I believe in the double dip and I think we’ll see the spring 2009 prices again, and lower, as many on this forum do. But nobody has a crystal bar and very few anticipated how much the government intervened to prop the price up (or to slow their decline). But YOU need to think about all scenarios and see what’s the downside of waiting for YOU. What is the amount of risk and wait you can tolerate.
It doesn’t matter what I think. One cannot time the bottom. Better buy in a more solid normal market, in a better economy, on the way up. I don’t know when that would be, but sure as hell is not now.
From what I get from you – it’s the commute now, and kids+inlaws, later. Well, if the commute is that bad, then rent in CV something small and SAVE. I can’t tell if you should sell, or rent your place out. Then when kids come, buy a larger house. Rates will stay low for a while. So will prices, if they don’t go even lower. What if you buy now and all hell breaks loose and houses dip another 50% in a couple years? Will you still be ok with the house you bought? If you have to move, what do you do then – take a bath, or rent it out for less than P&I – are you ok with that?
Participant[quote=lepetitangel]Yah.
I guess one reason we started looking is just because I was worried that market is not gonna go down too much more. A lot of people on the forum seem to think market will be down/flat in the next 0~5-years. Do you agree?Yah…I wanted 1800+ sqft cuz if we do have kids, my in-laws may move in and help for a bit. In that case, having both me and hubby, in-laws and baby, I think we def. need 3+ rooms. It’ll be nice to have large living area as well. That’s the reason why we want to buy. But then again, we can wait for another 2+ years.
It’s just so hard to time the bottom of things…when is the housing gonna hit bottom?
Seems like the current bottom is about March 2009 (same as stock market). But I don’t know if we will revisit the buttom. What you think?[/quote]
I agree that if you have parents living in with you, you need 3+ bdr and at least 1800 sf. Rather than stretching yourself thin now and compromising too much on the house, why don’t you wait and save for that time.
I also think that the market will not go up anytime soon, therefore flat or slightly down for the next few years. I believe in the double dip and I think we’ll see the spring 2009 prices again, and lower, as many on this forum do. But nobody has a crystal bar and very few anticipated how much the government intervened to prop the price up (or to slow their decline). But YOU need to think about all scenarios and see what’s the downside of waiting for YOU. What is the amount of risk and wait you can tolerate.
It doesn’t matter what I think. One cannot time the bottom. Better buy in a more solid normal market, in a better economy, on the way up. I don’t know when that would be, but sure as hell is not now.
From what I get from you – it’s the commute now, and kids+inlaws, later. Well, if the commute is that bad, then rent in CV something small and SAVE. I can’t tell if you should sell, or rent your place out. Then when kids come, buy a larger house. Rates will stay low for a while. So will prices, if they don’t go even lower. What if you buy now and all hell breaks loose and houses dip another 50% in a couple years? Will you still be ok with the house you bought? If you have to move, what do you do then – take a bath, or rent it out for less than P&I – are you ok with that?
Participant[quote=lepetitangel]Hi Scarlett,
Thanks for your advice. I cannot agree with you more.
We do like Plan 4 a lot and we do think it is still over-priced. The sales office told us they already have a bunch of people on the waitlist…not sure if it’s true. But we’re gonna wait for at least 6-months as they told us nothing is available till Dec. Meanwhile we’ll just keep on watching the market.[/quote]
You’re welcome. We were told by the sales office that the next release is in August, with move-in around February. And that the waiting list is not by type of townhome, because people change their minds. So we only have to decide in August for that release (or could postpone for the following release if you wish).
[quote=lepetitangel]
I agree that it’s not necessary to have a brand-new home. I do like CV a lot as I lived in the area in my parents’ house for the past 5 years, and it’s just real convenient for us. I’m interested in some of the older neighborhoods too, especially those with smaller SFHs with a yard. I just hope prices do come down more in 6-months.
For something that’s 600K now, I do hope it drops to at least 575K. Do you think it’s possible in 6 months?[/quote]
I think it’s quite possible, but it does not mean it will .[quote=lepetitangel]So if it was you, would you go for a:
– Brand new townhome (2000-sqft) in Highland Village?
– or an older (1985~1990) smaller (1600-sqft) SFHs in other parts of CV?
thanks![/quote]If it was me, with no kids, I wouldn’t move yet. not this year and not the next.
But, at the same price, I would go with the SFH – if I HAD to buy. Think about the HOA too that really adds to the price, I dunno, perhaps as much as 50K?!
As a note, if it’s just a 3 bdr, it may feel cramped if you have more than 1 kid. Grandparents nearby is a HUGE advantage, remember. Invaluable.Participant[quote=lepetitangel]Hi Scarlett,
Thanks for your advice. I cannot agree with you more.
We do like Plan 4 a lot and we do think it is still over-priced. The sales office told us they already have a bunch of people on the waitlist…not sure if it’s true. But we’re gonna wait for at least 6-months as they told us nothing is available till Dec. Meanwhile we’ll just keep on watching the market.[/quote]
You’re welcome. We were told by the sales office that the next release is in August, with move-in around February. And that the waiting list is not by type of townhome, because people change their minds. So we only have to decide in August for that release (or could postpone for the following release if you wish).
[quote=lepetitangel]
I agree that it’s not necessary to have a brand-new home. I do like CV a lot as I lived in the area in my parents’ house for the past 5 years, and it’s just real convenient for us. I’m interested in some of the older neighborhoods too, especially those with smaller SFHs with a yard. I just hope prices do come down more in 6-months.
For something that’s 600K now, I do hope it drops to at least 575K. Do you think it’s possible in 6 months?[/quote]
I think it’s quite possible, but it does not mean it will .[quote=lepetitangel]So if it was you, would you go for a:
– Brand new townhome (2000-sqft) in Highland Village?
– or an older (1985~1990) smaller (1600-sqft) SFHs in other parts of CV?
thanks![/quote]If it was me, with no kids, I wouldn’t move yet. not this year and not the next.
But, at the same price, I would go with the SFH – if I HAD to buy. Think about the HOA too that really adds to the price, I dunno, perhaps as much as 50K?!
As a note, if it’s just a 3 bdr, it may feel cramped if you have more than 1 kid. Grandparents nearby is a HUGE advantage, remember. Invaluable.Participant[quote=lepetitangel]Hi Scarlett,
Thanks for your advice. I cannot agree with you more.
We do like Plan 4 a lot and we do think it is still over-priced. The sales office told us they already have a bunch of people on the waitlist…not sure if it’s true. But we’re gonna wait for at least 6-months as they told us nothing is available till Dec. Meanwhile we’ll just keep on watching the market.[/quote]
You’re welcome. We were told by the sales office that the next release is in August, with move-in around February. And that the waiting list is not by type of townhome, because people change their minds. So we only have to decide in August for that release (or could postpone for the following release if you wish).
[quote=lepetitangel]
I agree that it’s not necessary to have a brand-new home. I do like CV a lot as I lived in the area in my parents’ house for the past 5 years, and it’s just real convenient for us. I’m interested in some of the older neighborhoods too, especially those with smaller SFHs with a yard. I just hope prices do come down more in 6-months.
For something that’s 600K now, I do hope it drops to at least 575K. Do you think it’s possible in 6 months?[/quote]
I think it’s quite possible, but it does not mean it will .[quote=lepetitangel]So if it was you, would you go for a:
– Brand new townhome (2000-sqft) in Highland Village?
– or an older (1985~1990) smaller (1600-sqft) SFHs in other parts of CV?
thanks![/quote]If it was me, with no kids, I wouldn’t move yet. not this year and not the next.
But, at the same price, I would go with the SFH – if I HAD to buy. Think about the HOA too that really adds to the price, I dunno, perhaps as much as 50K?!
As a note, if it’s just a 3 bdr, it may feel cramped if you have more than 1 kid. Grandparents nearby is a HUGE advantage, remember. Invaluable.Participant[quote=lepetitangel]Hi Scarlett,
Thanks for your advice. I cannot agree with you more.
We do like Plan 4 a lot and we do think it is still over-priced. The sales office told us they already have a bunch of people on the waitlist…not sure if it’s true. But we’re gonna wait for at least 6-months as they told us nothing is available till Dec. Meanwhile we’ll just keep on watching the market.[/quote]
You’re welcome. We were told by the sales office that the next release is in August, with move-in around February. And that the waiting list is not by type of townhome, because people change their minds. So we only have to decide in August for that release (or could postpone for the following release if you wish).
[quote=lepetitangel]
I agree that it’s not necessary to have a brand-new home. I do like CV a lot as I lived in the area in my parents’ house for the past 5 years, and it’s just real convenient for us. I’m interested in some of the older neighborhoods too, especially those with smaller SFHs with a yard. I just hope prices do come down more in 6-months.
For something that’s 600K now, I do hope it drops to at least 575K. Do you think it’s possible in 6 months?[/quote]
I think it’s quite possible, but it does not mean it will .[quote=lepetitangel]So if it was you, would you go for a:
– Brand new townhome (2000-sqft) in Highland Village?
– or an older (1985~1990) smaller (1600-sqft) SFHs in other parts of CV?
thanks![/quote]If it was me, with no kids, I wouldn’t move yet. not this year and not the next.
But, at the same price, I would go with the SFH – if I HAD to buy. Think about the HOA too that really adds to the price, I dunno, perhaps as much as 50K?!
As a note, if it’s just a 3 bdr, it may feel cramped if you have more than 1 kid. Grandparents nearby is a HUGE advantage, remember. Invaluable.Participant[quote=lepetitangel]Hi Scarlett,
Thanks for your advice. I cannot agree with you more.
We do like Plan 4 a lot and we do think it is still over-priced. The sales office told us they already have a bunch of people on the waitlist…not sure if it’s true. But we’re gonna wait for at least 6-months as they told us nothing is available till Dec. Meanwhile we’ll just keep on watching the market.[/quote]
You’re welcome. We were told by the sales office that the next release is in August, with move-in around February. And that the waiting list is not by type of townhome, because people change their minds. So we only have to decide in August for that release (or could postpone for the following release if you wish).
[quote=lepetitangel]
I agree that it’s not necessary to have a brand-new home. I do like CV a lot as I lived in the area in my parents’ house for the past 5 years, and it’s just real convenient for us. I’m interested in some of the older neighborhoods too, especially those with smaller SFHs with a yard. I just hope prices do come down more in 6-months.
For something that’s 600K now, I do hope it drops to at least 575K. Do you think it’s possible in 6 months?[/quote]
I think it’s quite possible, but it does not mean it will .[quote=lepetitangel]So if it was you, would you go for a:
– Brand new townhome (2000-sqft) in Highland Village?
– or an older (1985~1990) smaller (1600-sqft) SFHs in other parts of CV?
thanks![/quote]If it was me, with no kids, I wouldn’t move yet. not this year and not the next.
But, at the same price, I would go with the SFH – if I HAD to buy. Think about the HOA too that really adds to the price, I dunno, perhaps as much as 50K?!
As a note, if it’s just a 3 bdr, it may feel cramped if you have more than 1 kid. Grandparents nearby is a HUGE advantage, remember. Invaluable.ParticipantDifferent strokes for different people.
Before today, I only saw the floorplans posted online.I visited today the models and I liked what I saw. Plan 4 is the best inside. I concur with the other poster singing its praises. Extremely good use of space. A gorgeous kitchen with lots of cabinets. Just very nice overall. And for the HOAs of $260-290 you get a lot of brand new state of the art amenities, compared to other HOAs… But… almost 600K for a townhome with NO yard, NO private patio?
Plans 2 and 3 were nice too, each with its own pluses, but both having a relatively small footage downstairs for living & dining – making furnishing a bit of a problem and with no breakfast nook. MR were nominal, less than $100/mo.
Why do you HAVE to be in CV -or maybe I should ask do you REALLY need something brand new. I can certainly understand the appeal of new housing – it really excites me at first too, but then, in a cooler frame of mind, those townhouses are not worth it. Unless you really, REALLY NEED to be in CV.
Have you considered Penasquitos? At 600k, you can get a larger, SFH, NO HOAs AND no MRs (or very little) with usually a quite decent yard AND driveway. And an excellent school district just about as good as what you get in CV. If you want something newer you may like Park Village area of PQ. I would, but different strokes for different people.
I think, like other posters before me, that if I were you, I’d wait a few more years and see what is happening with the market – you have no pressing reasons to buy, except commuting.
I’d wait until your situation changes in terms of kids (unless some other major changes before that) before considering buying a house. By that time, you may see some of these townhouses flipped, if you are still interested. But then I’d buy a house I’d be happy in for a LONG time, in a good school district, aka until the kids are thru with school. Those townhouses, I would only consider for a starter house – and you already have that. As an intermediate, seeing that you eventually will be buying a SFH once you have kids, it’s not worth it – the moving costs, the transaction costs, the headache of selling and looking for houses, it doesn’t make much sense. 4S is a nice area with good shopping and schools. Moving in another part of 4S does not make much sense to me in your current state. So, just stay put.
And if you REALLY want to alleviate your commute and be in CV, I’d RENT, not buy in CV. And yes, I think the resale prices will come down more, though probably not a lot and not fast. So you may be able in a few years to afford a SFH with some yard in CV, why not wait for that.
Just my 2 cents.
ParticipantDifferent strokes for different people.
Before today, I only saw the floorplans posted online.I visited today the models and I liked what I saw. Plan 4 is the best inside. I concur with the other poster singing its praises. Extremely good use of space. A gorgeous kitchen with lots of cabinets. Just very nice overall. And for the HOAs of $260-290 you get a lot of brand new state of the art amenities, compared to other HOAs… But… almost 600K for a townhome with NO yard, NO private patio?
Plans 2 and 3 were nice too, each with its own pluses, but both having a relatively small footage downstairs for living & dining – making furnishing a bit of a problem and with no breakfast nook. MR were nominal, less than $100/mo.
Why do you HAVE to be in CV -or maybe I should ask do you REALLY need something brand new. I can certainly understand the appeal of new housing – it really excites me at first too, but then, in a cooler frame of mind, those townhouses are not worth it. Unless you really, REALLY NEED to be in CV.
Have you considered Penasquitos? At 600k, you can get a larger, SFH, NO HOAs AND no MRs (or very little) with usually a quite decent yard AND driveway. And an excellent school district just about as good as what you get in CV. If you want something newer you may like Park Village area of PQ. I would, but different strokes for different people.
I think, like other posters before me, that if I were you, I’d wait a few more years and see what is happening with the market – you have no pressing reasons to buy, except commuting.
I’d wait until your situation changes in terms of kids (unless some other major changes before that) before considering buying a house. By that time, you may see some of these townhouses flipped, if you are still interested. But then I’d buy a house I’d be happy in for a LONG time, in a good school district, aka until the kids are thru with school. Those townhouses, I would only consider for a starter house – and you already have that. As an intermediate, seeing that you eventually will be buying a SFH once you have kids, it’s not worth it – the moving costs, the transaction costs, the headache of selling and looking for houses, it doesn’t make much sense. 4S is a nice area with good shopping and schools. Moving in another part of 4S does not make much sense to me in your current state. So, just stay put.
And if you REALLY want to alleviate your commute and be in CV, I’d RENT, not buy in CV. And yes, I think the resale prices will come down more, though probably not a lot and not fast. So you may be able in a few years to afford a SFH with some yard in CV, why not wait for that.
Just my 2 cents.
ParticipantDifferent strokes for different people.
Before today, I only saw the floorplans posted online.I visited today the models and I liked what I saw. Plan 4 is the best inside. I concur with the other poster singing its praises. Extremely good use of space. A gorgeous kitchen with lots of cabinets. Just very nice overall. And for the HOAs of $260-290 you get a lot of brand new state of the art amenities, compared to other HOAs… But… almost 600K for a townhome with NO yard, NO private patio?
Plans 2 and 3 were nice too, each with its own pluses, but both having a relatively small footage downstairs for living & dining – making furnishing a bit of a problem and with no breakfast nook. MR were nominal, less than $100/mo.
Why do you HAVE to be in CV -or maybe I should ask do you REALLY need something brand new. I can certainly understand the appeal of new housing – it really excites me at first too, but then, in a cooler frame of mind, those townhouses are not worth it. Unless you really, REALLY NEED to be in CV.
Have you considered Penasquitos? At 600k, you can get a larger, SFH, NO HOAs AND no MRs (or very little) with usually a quite decent yard AND driveway. And an excellent school district just about as good as what you get in CV. If you want something newer you may like Park Village area of PQ. I would, but different strokes for different people.
I think, like other posters before me, that if I were you, I’d wait a few more years and see what is happening with the market – you have no pressing reasons to buy, except commuting.
I’d wait until your situation changes in terms of kids (unless some other major changes before that) before considering buying a house. By that time, you may see some of these townhouses flipped, if you are still interested. But then I’d buy a house I’d be happy in for a LONG time, in a good school district, aka until the kids are thru with school. Those townhouses, I would only consider for a starter house – and you already have that. As an intermediate, seeing that you eventually will be buying a SFH once you have kids, it’s not worth it – the moving costs, the transaction costs, the headache of selling and looking for houses, it doesn’t make much sense. 4S is a nice area with good shopping and schools. Moving in another part of 4S does not make much sense to me in your current state. So, just stay put.
And if you REALLY want to alleviate your commute and be in CV, I’d RENT, not buy in CV. And yes, I think the resale prices will come down more, though probably not a lot and not fast. So you may be able in a few years to afford a SFH with some yard in CV, why not wait for that.
Just my 2 cents.
ParticipantDifferent strokes for different people.
Before today, I only saw the floorplans posted online.I visited today the models and I liked what I saw. Plan 4 is the best inside. I concur with the other poster singing its praises. Extremely good use of space. A gorgeous kitchen with lots of cabinets. Just very nice overall. And for the HOAs of $260-290 you get a lot of brand new state of the art amenities, compared to other HOAs… But… almost 600K for a townhome with NO yard, NO private patio?
Plans 2 and 3 were nice too, each with its own pluses, but both having a relatively small footage downstairs for living & dining – making furnishing a bit of a problem and with no breakfast nook. MR were nominal, less than $100/mo.
Why do you HAVE to be in CV -or maybe I should ask do you REALLY need something brand new. I can certainly understand the appeal of new housing – it really excites me at first too, but then, in a cooler frame of mind, those townhouses are not worth it. Unless you really, REALLY NEED to be in CV.
Have you considered Penasquitos? At 600k, you can get a larger, SFH, NO HOAs AND no MRs (or very little) with usually a quite decent yard AND driveway. And an excellent school district just about as good as what you get in CV. If you want something newer you may like Park Village area of PQ. I would, but different strokes for different people.
I think, like other posters before me, that if I were you, I’d wait a few more years and see what is happening with the market – you have no pressing reasons to buy, except commuting.
I’d wait until your situation changes in terms of kids (unless some other major changes before that) before considering buying a house. By that time, you may see some of these townhouses flipped, if you are still interested. But then I’d buy a house I’d be happy in for a LONG time, in a good school district, aka until the kids are thru with school. Those townhouses, I would only consider for a starter house – and you already have that. As an intermediate, seeing that you eventually will be buying a SFH once you have kids, it’s not worth it – the moving costs, the transaction costs, the headache of selling and looking for houses, it doesn’t make much sense. 4S is a nice area with good shopping and schools. Moving in another part of 4S does not make much sense to me in your current state. So, just stay put.
And if you REALLY want to alleviate your commute and be in CV, I’d RENT, not buy in CV. And yes, I think the resale prices will come down more, though probably not a lot and not fast. So you may be able in a few years to afford a SFH with some yard in CV, why not wait for that.
Just my 2 cents.
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