Searching for home

Monday, 6 July 2009

We're still house-hunting.

dunedin cityWe've found something we like, and may make an offer on it. Maybe. Or maybe not. I'll figure it out over the coming weeks.

But all this house-hunting is wearing us down.

If you've been following this blog for any time, you'll know we've been house-hunting for over a year now. And it's been a long year.

It's been over a year since we sold our house in Melbourne, Australia, and upped oars for Dunedin, New Zealand. In some ways, I miss our old little patch of earth, mainly because it was ours.

I miss being able to nails things into walls, and plant things in our own garden, and invest time and effort in a place that meant something to us. We've been renting now for nearly a year and a half, and renting drains me emotionally. I've put down roots in this new town of ours, and am starting to make friends and even feel like I might belong here. But a home of our own is still lacking.

In the time that we've been looking, more workmates of my husbands have come to the town and found homes of their own. We seem extraordinarily fussy, with a long list of "must haves" and "should haves" and "would like to haves", plus the fact that we don't want a massive debt on our shoulders that will burden us for the next few decades. So we want all our needs met, but within a fairly tight budget.

And in the meanwhile, while we continue to search for our own property, our children grow up and change. Our son will be in school next year, and our daughter has transformed from a baby who couldn't walk into a little girl sleeping in a big bed of her very own! Time flies by, and still we're hunting for home.

I don't know whether we'll make an offer on the place we quite like. And even if we do, another offer might be better, because we're certainly not going to offer a high amount in the current real estate climate - that would be foolish.

The logical part of me tells me there is no harm in waiting and being cautious - there will always be another house, prices are dropping and continue to do so, and we're not going to be priced out of the market any time soon.

The opposite is likely the case - that by waiting, we stand to benefit. Prices have already dropped nearly 10% since we came to Dunedin. That's years off a typical mortgage. Waiting is wise.

It's just that I want to plant trees and dig earth and paint and settle into my own place. My own place. I want my transition years to be over. I want to be still. I want to know my own place, and to add my own sense of beauty to the earth, and to know peace.

6 comments:

Our Red House said...

I feel exactly as you do. I'm *dying* to buy a house here and renting frustrates me no end. Unfortunately Adelaide seems very expensive, even compared to Eastern suburbs Melbourne.

Kate

daharja said...

Hi Kate - Adelaide is my old home town, and I know it is going through a huge housing price bubble at the moment that hasn't settled yet. For example, a house in Darlington (middle suburbs) that was bought by some friends in 1984 for $77K, was sold in 1995 for $110K, and was recently on the market, to their surprise, for nearly $400K. The house had been updated, but not to nearly three times its value a decade ago!

And this in a city that has *not* had a significant population increase to my knowledge!

Prices are starting to settle now, but you know you have a bubble when people like my brother say they couldn't afford to buy their own house now, which they bought as a *first home* less than ten years ago! And we thought it was a bubble then!

So stay renting. I think you'll be surprised at how much prices will drop.

Saying that, I know exactly how you feel. Renting sucks massively, especially when you're used to owning, and the only reason you're renting is because you've moved cities and haven't found what you're looking for yet :-(

Actually, saying that, it must suck even more when you know you're not in a position to buy. I should really be grateful that we *can* buy, and are just too fussy! I'll try not to whinge, and be more thankful instead.

Caroline said...

Mmmm I know how you feel when I was in rented accomodation I felt just like you do. Something will come up & you will just know in your heart it is the right HOME(not house) for you. Real estate has hit rock bottom over here in the last 6mths now it is just starting to pick up a little. Like anything once something bottoms out the only way is up. Hope you find your little piece of paradise before that happens in your area.
Caroline

daharja said...

Hi Caroline - I hope you're right. Renting - and house hunting - are depressing things to do! I won't even go into the ins and outs of house hunting with two preschoolers! :-(

Here's to finding a new home :-)

Joost Hoogstrate said...

Hi Daharja, thanks for sharing that with us. Yes, it’s a little uncomfortable to be floating around without your own little place. And it is sometimes difficult to get exactly the type of thing that we’re looking for. But http://climatarians.org guesses it’s better to wait for it than to accept something that we’re not really satisfied with. When you dream home turns up, you’ll know it was worth the wait.

May you find your dream house soon!
Joost Hoogstrate

daharja said...

Hi Joost - Thanks for your words of common-sense and support - and common-sense doesn't seem to be that common nowadays!

I know we'll find something that suits us eventually, I just hate the hunting and searching and waiting - and having to trawl through other people's houses to do it, complete with two preschoolers!

I'll try to be positive, knowing I'll celebrate the eventual finding of our own home by planting dozens of lovely fruit trees and buying a fleet of chooks for my family!

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