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Old 10-29-2014, 01:43 PM
 
1 posts, read 985 times
Reputation: 10

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We are both under 30. We have one small child and one on the way. We are relocating from Center City Philadelphia and wish to move into a Townhome or SFH in Delaware.

Work
He has just taken a new job near waterfront Wilmington Area.
She will commute to Philly, but looking in DE for work.

Budget
Combined income 120k. Currently paying $1500 in rent for small apt.

Housing
Coming from the inner city, we REALLY want some outdoor space and privacy. We would like a home with 4 bedroom (master, baby 1, baby 2, and guest) and a yard. Would substitute yard for close playground area.

Utilities
How much would utilities cost in a 4bd home? Town-home? Any other expenses that I may be missing?

Research
I have found some potential homes for 1750 near Stanton / Bear / Pike Creek that seem to fit my needs. I am worried about 2000 + utilities in rent. I think a gigantic home will be too much, but gosh some of them are beautiful!

Any advice would be extremely helpful.
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Old 11-02-2014, 12:07 PM
c65
 
17 posts, read 21,032 times
Reputation: 32
I predict 1400 in water per year and 200 avg a month delmarva power

Last edited by c65; 11-02-2014 at 12:27 PM..
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Old 11-02-2014, 05:04 PM
 
Location: Greenville, Delaware
4,726 posts, read 10,328,340 times
Reputation: 2595
C65 way over-estimates water in my opinion, based on our own water bills.
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Old 11-02-2014, 05:51 PM
 
Location: Former LI'er Now Rehoboth Beach, DE
7,885 posts, read 10,582,128 times
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Quote:
Originally Posted by doctorjef View Post
C65 way over-estimates water in my opinion, based on our own water bills.
I agree. The other expenses might be propane gas for heating if not natural gas or electric and your cable, internet, tv, phone bills.
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Old 11-03-2014, 07:26 AM
 
Location: Long Neck,De
4,792 posts, read 6,797,636 times
Reputation: 4768
Quote:
Originally Posted by c65 View Post
I predict 1400 in water per year and 200 avg a month delmarva power
Both seem high to me.
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Old 11-03-2014, 11:54 AM
c65
 
17 posts, read 21,032 times
Reputation: 32
a single family, 4 person, 2500sq ft home ? maybe im 10-20% over but i dont think im insanely above what she should budget as far as planning to move.
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Old 11-03-2014, 02:32 PM
 
Location: Greenville, Delaware
4,726 posts, read 10,328,340 times
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We pay water bills quarterly where I live, and although we are outside the city limits, it is Wilmington water. In years where we have adequate rainfall to support the lawn, we pay about $120 - $150 per quarter. In the warm seasons we always water the shrubbery/flower beds using a drip system. There are just two of us, but we still seem to run the dishwasher and washing machine constantly. In years when we have little summer rainfall and hot temperatures, the water obviously goes higher. We also get a separate sewer bill either annually or semi-annually from the county. I don't remember what it runs, but it isn't particularly high. Things may be different in the different counties, and also depending on whether or not one lives in an incorporated municipality. Of course, outside certain bounds, one has to rely on a well and septic.
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Old 11-03-2014, 04:57 PM
 
820 posts, read 996,920 times
Reputation: 1168
With that income you will be fine in Delaware, also it would be cheaper to buy a house than to rent it. Tons of options in the 250-300k range IMO.
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