The biggest concern to me would be the near certainty that that estimate of $500,000 is likely to blow up to 600,000 or 800,000 with just a few little 'discoveries' found while doing the work.
Spend more time house hunting and figure out needs versus wants. Do a deeper dive into your local schools as well. See what modifications to your house can be done with you staying in the house that may make it worth staying. Time will tell.
RomulaFour t1_j6k85qu wrote
Reply to Rebuild house or move? Advice needed by ScaryStatistician
The biggest concern to me would be the near certainty that that estimate of $500,000 is likely to blow up to 600,000 or 800,000 with just a few little 'discoveries' found while doing the work.
Spend more time house hunting and figure out needs versus wants. Do a deeper dive into your local schools as well. See what modifications to your house can be done with you staying in the house that may make it worth staying. Time will tell.