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Young House Love » Our Second House » We Bought A New House!

| By John Petersik | April 30, 2013 | 2,938 Comments

We Bought A New House!

So, funny story about the house below. We bought it and we’re moving in.

New House

We know this news probably evokes a whole range of reactions. Excitement for new makeovers. Sadness for leaving our current house. Curiosity about all of the logistics. Confusion. Anger. The inexplicable urge to do The Carlton.

Starting this story requires rewinding seven years, back to our first house hunting experience in Richmond in the spring of 2006. We had just moved from New York City and Richmond real estate felt very spacious and very cheap by comparison. It made dreamers out of us. We checked out a bunch of neighborhoods, and fell for an awesome old area with nice big wooded lots, great schools, charming tree-lined streets, and kids on scooters.

But none of the sweet old character-filled houses in that neighborhood were in our price range, especially because the bank had no faith in us. The issue was not our savings, but the fact that I was less than 2 months into my new job and Sherry was just as deep into her career as a freelance copywriter. In the eyes of the bank, Sherry was unemployed since she was a newbie self employed person (even though she was earning more than me!) so I ended up being the only name on the loan – basically cutting our buying power in half. Goodbye dream neighborhood, hello this looker.

Final Exterior Before

As deflating as that financial reality check was, it turned out to be one of the biggest blessings. Had we not been steered towards a fixer upper, we might not have ever started this blog or learned the advantage of buying a home that’s well within our means. By not stretching financially, we could stash away a lot more project money and build up our nest egg – because we hadn’t lost sight of that neighborhood we first fell for, we had just put that dream on hold.

Final Exterior After

Fast forward 4.5 years, past a new puppy, a wedding in the backyard, Clara’s birth, and me coming home to work full-time. Our beloved little 1,250 sq ft ranch (with only one full bathroom) was suddenly feeling cramped and we found ourselves house hunting again. Dream neighborhood here we come, right? Try again, compadre. This time I was the financial deadweight (having just left a salaried job six months earlier to come work at home – great timing, right?). So once again we found ourselves approved for something far below our actual mortgage-paying abilities thanks to the bank’s you-haven’t-done-this-self-employment-thing-long-enough-for-it-to-count doubt.

But it dropped another gem of a fixer upper in our laps. And this time we knew that an affordable needs-work home meant even more projects and more money squirreled away for our “maybe someday” neighborhood.

Current House Before

Now, I wouldn’t say we ever consciously thought of these homes as “stepping stones” or rungs on a property ladder that we were itching to climb. Even though we always loved that dream neighborhood from afar, Sherry was fully convinced our first house would be our “forever home” (we even have that statement on video). When we fall in love with a house, we fall hard. But the experience of outgrowing and leaving our first place made us realize that we enjoy the process of loving an old house back to life way too much to stop at just one.

So when we moved into this house, we went into things with a more open attitude. Knowing we’d soak up every second of living here (you know we’re nuts about the journey) but no longer making bold declarations like “we’ll stay here forever.” Admittedly, at halfway through year three of living here, the end came a bit sooner than we expected, but our time here since 2010 has been jam-packed. We’ve celebrated three Christmases in this house, created a book from start to finish here, and enjoyed countless Clara milestones (crawling, walking, talking, Gangnam Style-ing). So this place is by no means a blip on the timeline of our family history. It has been “home” through a heckova lot, which makes leaving it that much more bittersweet.

Pergola After Full House

We just knew we didn’t want our current place to be our last fixer upper (it’s not only what we love to do, it’s our livelihood), so when we felt ourselves tackling the last few untouched rooms on our list we started casually keeping one eye open for a deal that could be a potential rental or even a future Casa Petersik. We’d occasionally flip through real estate listings and drop in on open houses. We always hoped that something would come up in our price range in that dream neighborhood so we could jump on it like a velociraptor, but after two house-hunting experiences that didn’t lead to us ending up there, we weren’t very confident.

And then it happened. Pretty much out of nowhere, we found the sweetest needs-lots-of-love home in that old charming neighborhood that we’ve driven through at least five times a year just to stare creepily since 2006. Yes, this is a seven-years-in-the-making house coup of ours. We would have loved to take you guys on the house hunting adventure with us like last time, but it all happened so fast and before we knew it we were closing on it.

Closing Shot

And thanks to putting some of that saved-for-years cash down at closing, our new house’s mortgage amount is almost exactly the same as our current house’s – but our interest rate is even lower. We both spent closing day waiting for Ashton Kutcher to jump out and scream “you got punked!” but all went well and the house is officially ours. We’ve even had it long enough to fix some first-priority issues like a leaking roof, a broken furnace, and even hooked up the alarm system.

The house hasn’t been updated since it was built around 35 years ago, and knowing that its interior might scare off others trying to buy in a mostly turn-key community, the sellers priced it way under assessment. It was over $100,000 less than another house of the same size that was for sale down the street. A low-priced fixer upper in a neighborhood that we’ve dreamed about for almost a decade? Yes please. 70’s wallpaper, blue trim, lumpy carpet and all…

House Peeks

Beyond the price, neighborhood, and glaring need to be rescued – this place is perfect for us in so many other ways. It’s nearly the exact same size as our current place (huzzah, no more extra square feet to clean). The street is beautiful and quiet (perfect for someday teaching Clara to ride a bike). It’s still just as close to our family (maybe they can watch Clara while we strip wallpaper). And it presents us with so many new design challenges and opportunities that our minds are spinning with ideas. I mean, hello, we have stairs for the first time in seven years of home-ownership!

Clara Burger2

Perhaps the funniest thing is that at our age, my parents were moving into their third house, which was where they stayed for over three decades. So apparently it’s in the Petersik blood.

Rebuild End Of 4th

We know that you guys probably have dozens of questions – When are we moving in? (Don’t know yet) When can you see more pictures? (Soon) What does Clara think? (She already picked out her room… based on the closet size. Is she 16?) But this post would be ten thousand words if we tried to cover everything, so we’ll get to those things in time. We also have a few things to finish around here to get our current house sold (anyone interested?) so in an effort to keep our own minds focused on those to-dos, it won’t be all new house posts all the time. We’ll just be moving at our usual real-time pace and sharing a little bit of everything that’s happening (selling, packing, planning, moving, and diving into our new house adventure).

Did I mention these two are the most excited of all? Okay, three if you count Ariel.

Clara Burger1

We can’t wait to continue sharing the good, the bad, and the ugly with you guys. Seriously, who wants to come paint some mauve trim with us? And if there were a moral to this story, it’s patience. This is not “the house the book bought” (we still haven’t hit our royalty point), it’s the house that seven years of saving up and living within our means bought. Had we strained our wallets and gone for a larger or more turn-key house back in 2006, we probably would’ve had a very different financial path, and most certainly would have had a different career path. So even though we had to wait a while, it just makes this new chapter in our lives that much sweeter. Who knows, we might just stay there forever…

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Filed Under: Moving, Selling, & Buying, Our Second House, Our Third House

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Comments

  1. Kaitlyn says

    April 30, 2013 at 10:28 am

    OMG!! That is SO EXCITING! It’s so funny because my hubby and I have that same dream neighborhood that we’ve been stalking like CRAZY for a new listing to come up! This gives me hope that something could come up soon :) Can’t wait to see how you guys put your own touch on everything!

    Reply
  2. Wayne says

    April 30, 2013 at 10:28 am

    No way! Congrats Guys. A new exciting adventure.

    Reply
  3. Sandy says

    April 30, 2013 at 10:28 am

    Aww! Good for you guys! I thought there might be something up. What an awesome find!

    Reply
  4. Michael says

    April 30, 2013 at 10:28 am

    Congrats! This is kind of like hearing that your favorite TV show has been cancelled, only to find it’s just moving to a different (and better) network!

    Reply
  5. Carmeon @ CohesiveRandomness says

    April 30, 2013 at 10:28 am

    Furnished?????????? I’m now considering packing up my family, leaving Memphis and heading your way! Good luck with the sale. So excited about all of the new wallpaper stripping/trim painting/carpet ripping/furniture sourcing post!

    Reply
    • YoungHouseLove says

      April 30, 2013 at 10:46 am

      So sorry for the confusion! We’re not selling it furnished, we just want furniture in the house when it’s for sale (empty houses sell slower and for less money) so we won’t move our furniture out and truly move into the new house until we get a sale :)

      xo
      s

  6. Vanessa says

    April 30, 2013 at 10:28 am

    HOLY CRAP! I actually thought this was an April Fool’s joke, at first! Haha, congrats you guys! So excited to see where this takes you!

    Reply
  7. Brittney says

    April 30, 2013 at 10:28 am

    Wow! Even though I haven’t been reading your blog for very long, I am totally shocked! The house is super adorable and I cannot wait to see what you do with it. We have 2 bathrooms and 2 rooms to renovate still so now, I can finally go through the journey with you guys. Our house was renovated in the 70’s, so I totally feel ya on the sweet painted trim, wallpaper, shag carpets, and paneling. Congratulations!!

    Reply
  8. Laura says

    April 30, 2013 at 10:28 am

    Wow – congrats! Every once in while, when reading your blog, I wonder what will happen when you finish all your updates, so I’m happy to know that there are lots of projects on the horizon with the new house!

    Laura

    Reply
  9. Adria says

    April 30, 2013 at 10:28 am

    I had to restrain myself from squealing and jumping around with excitement! Can’t wait to see y’all tackle a new home. I’ve only been reading your blog for a year, so I can’t wait to be there at a new beginning!

    Reply
  10. Jamie says

    April 30, 2013 at 10:28 am

    SO EXCITED! It only makes sense, as you’ll need new projects to keep your business going. I could totally be talked into driving from Michigan to help you paint. Congrats, you guys!

    Reply
  11. Theresa says

    April 30, 2013 at 10:28 am

    That’s AWESOME! Good luck on your new adventure and whoever buys your current home will be very lucky!

    Reply
  12. Linden says

    April 30, 2013 at 10:28 am

    Oh my gosh that’s so exciting! I’m SO excited to see what you guys do with all those new spaces. I must admit, I’m a little sad to see you guys leave the current house. As a certified YHL addict, I’ve grown super attached to it. But yay for new adventures!!

    Reply
  13. Kristen says

    April 30, 2013 at 10:29 am

    Wowzers! I am shocked, but excited to see everything you guys do to update it!!

    Reply
  14. Chris says

    April 30, 2013 at 10:29 am

    Oh my goodness! Congratulations!! I’m so excited for y’all and cannot wait for the next chapter this opens up for the blog. I can’t wait to see how Clara’s style emerges with her big girl room and big girl closet. :)

    I remember my first big girl closet!!

    Reply
  15. ReneeW says

    April 30, 2013 at 10:29 am

    I too, thought this was a joke at first. I noticed in the past few weeks many of your loyal readers had been asking if selling was in your near future. So very astute!

    The house looks like it has great bones. I’m excited to see it slowly transform.

    Reply
  16. Whitney Smith says

    April 30, 2013 at 10:29 am

    Fantastic!!!! What an exciting time for your family!

    I think this post could have been written by me. Today we close on our third home and think of our first two as stepping stones in DIY to get us to the wonderful place we are now (blue toilet and all!!).

    CONGRATS!!!

    Reply
    • YoungHouseLove says

      April 30, 2013 at 10:40 am

      Congrats right back at you! Closing day is so exciting!

      -John

  17. Amanda says

    April 30, 2013 at 10:29 am

    Whoa. Like Stephanie, I was totally waiting for the “April Fool’s!” You know, on April 30th.
    I guess it has been 2 years now since you guys moved. And that means I’ve been a regular reader of your blog for 4 years now? Wow.
    Also, I can’t believe that’s how houses look that were built around the time I was born. *old
    As always – can’t WAIT to see what you have planned for it. CONGRATS!!!

    Reply
  18. Alison says

    April 30, 2013 at 10:29 am

    My first thought was..they are late with April fools. Big news, Congrats!

    Reply
  19. Hilary says

    April 30, 2013 at 10:29 am

    Stoked is the only word that comes to mind right now. YES!!

    Reply
  20. Meredith says

    April 30, 2013 at 10:29 am

    Wallpaper. Upper left little photo. In my childhood home!!! It has a coordinate, too…just in case you love it! Ha! Good luck with the transition. I am a newer reader, and love your writing. Plus we are moving into our second needs-love place soon. It’ll be tougher than the first, so I am stoked for some extra inspiration!

    Reply
    • YoungHouseLove says

      April 30, 2013 at 10:39 am

      No way! We’ll put a scrap aside for you. :)

      -John

  21. Meghan, UK says

    April 30, 2013 at 10:29 am

    Wow, congratulations! This is such an exciting new step, and I can’t wait to see how you dive in and get properly excited again. How soon can you get floorplans up for us all? ;) Huge good luck wishes for the sale of your other house too.

    Reply
    • YoungHouseLove says

      April 30, 2013 at 11:25 am

      Thanks Meghan! We’d love to get floor plans up asap for you guys. It’s going to be crazy to do two floors this time, haha! :)

      xo
      s

  22. Shari says

    April 30, 2013 at 10:29 am

    Wow! Color me SURPRISED! I had to scroll back up and look at the date to make sure this wasn’t an April Fools’ joke! Is it weird that I’ve become emotionally attached to this house all the way from Kentucky? And I’m sad to see you go? BUT HOW EXCITING!!! Congratulations! I can’t wait to see what you end up doing with this mamma-jamma!

    Reply
  23. Kristy says

    April 30, 2013 at 10:29 am

    Wow, congratulations! I can’t wait to see what you do with this new house!

    Reply
  24. Nicole says

    April 30, 2013 at 10:29 am

    Holy Crap! I seriously had to check the date like 4 times to make sure I somehow hadn’t lost an entire month and we were back on April Fools day! You guys are so sneaky! I’m so so so excited for you, and can’t wait to see all the new projects! Good Luck!

    Reply
  25. Katie says

    April 30, 2013 at 10:30 am

    Definitely just scrolled to the end of the post to see if this was a joke, haha! So excited for you guys, probably more than I should be. Can’t wait to see what is in store. This is going to be a fun summer. :)

    Reply
  26. Heather says

    April 30, 2013 at 10:30 am

    I’ll come paint trim… or babysit Burger =)

    Congratulations! I can’t wait to see the journey!

    Reply
  27. kearney says

    April 30, 2013 at 10:30 am

    omg – we’re moving? i’m so not ready for this! I was wondering what else you were going to find to do at your current place since no room has been untouched. good luck with the sale/move. new house = new book?

    Reply
    • YoungHouseLove says

      April 30, 2013 at 11:24 am

      Haha, I think since houses take us years and years we’d rather blog about the in real-time than go dark on the blog for a few years to write a book :)

      xo
      s

  28. Kate R. says

    April 30, 2013 at 10:30 am

    I am amazed the new place has the same square feet as your current place! The new one looks so much bigger! Congrats!

    Reply
    • YoungHouseLove says

      April 30, 2013 at 11:21 am

      This current house always looks small from the front since a lot of the square footage (the addition) is on the backside of the house, so yeah the new place definitely looks bigger with that second story all up in your face! :)

      -John

  29. Katie says

    April 30, 2013 at 10:30 am

    Wow! What exciting news, but I’ve gotta say…I’ll miss that gorgeous kitchen!

    Reply
  30. Liz says

    April 30, 2013 at 10:30 am

    Woooow! Big news! That’s awesome!

    I’ve moved quite a few times in the past few years (as a renter), and thought I found my forever home too — an amazing 1 bedroom loft. I was even talking to my landlord about buying it. Then disaster struck, a family member of my landlord’s got sick and needed a rent-free place to stay, and I was on the hunt yet again. I took the first thing I found, and crammed my loft-style life into a very-not-loft apartment about a year ago. It was in a great neighborhood for me, it just wasn’t THE place. Just a month or so ago, my neighbor from downstairs moved out, and I got the opportunity to move into her space, which had a lot of the loft-style feel (big rooms, high ceilings… the exact opposite of what I’d been living in, upstairs), and I JUMPED on it. In spite of a less-than-understanding boyfriend, who couldn’t see why moving ONE FLOOR DOWN was a big deal… it’s been perfect. He’s even eating his words a little. I still have boxes stacked up waiting to be unpacked, but I am pretty darn happy at the moment.

    So, it’s not forever. And even this new house-adventure of yours might not be forever… but if it fits for you, right now, it’s the perfect move. Go get ’em, Petersiks!

    Reply
  31. Colleen says

    April 30, 2013 at 10:30 am

    As an avid reader for the past two years, I have enjoyed seeing your adventures in home renovation. While I love both of your houses, I literally thought of how much I wanted to see a two story brick home (my favorite style of house) redone by both of you. So excited to see this news and can’t wait for further posts on this new home adventure. Congrats! :)

    Reply
  32. Erin @ The Great Indoors says

    April 30, 2013 at 10:30 am

    Congratulations! What a surprise for the readers, but it sounds like for you guys, too. But good surprises are always fun! Can’t wait to see the new place and what you have in mind for it.

    Erin

    Reply
  33. Ashley says

    April 30, 2013 at 10:30 am

    Wow! I thought this was a belated April Fools joke! Congrats on the house…she’s a beauty and I can’t wait to see what you guys do with it!

    Reply
  34. Ashlee says

    April 30, 2013 at 10:30 am

    This makes me unrealistically happy. For you, sure. But more for me. :) Your new house is the exact.same.style as my house. I bet it has the same layout. I wonder what you will do? I wonder if it will be something that will inspire me too? Yippeeeeeeee! Oh yeah, and congrats!

    Reply
    • YoungHouseLove says

      April 30, 2013 at 11:23 am

      Aw thanks Ashlee! Thanks to everyone for all the kind words! We’re so happy to finally shout this from the rooftops!

      xo
      s

  35. Katie says

    April 30, 2013 at 10:30 am

    Definitely just scrolled to the end of the post to see if this was a joke, haha! So excited for you guys, probably more than I should be. Can’t wait to see what is in store. This is going to be a fun summer! :)

    Reply
  36. Betty says

    April 30, 2013 at 10:30 am

    Wow – I had been thinking that maybe recently you’d been on vacation – but noooooo, you were buying a house – nice works kids – will Miss C sleep in her big girl room before you move?
    Again, nice work kids – the fun continues

    Reply
    • YoungHouseLove says

      April 30, 2013 at 11:23 am

      We’re just waiting for her to decide she wants to sleep in her bed, so whether that’s here while we sell, or after we move- we’re just going to follow her lead :)

      xo
      s

  37. Liz says

    April 30, 2013 at 10:30 am

    I knew it!! Once you started to fix the outside and doing little updates here and there, something told me that you might be moving soon. How did I know? You did the same in your first house :)
    Very excited for you, wishing you all the best in the new adventure!!

    Reply
  38. Kelli says

    April 30, 2013 at 10:30 am

    Ahhhhhh!!!! I’m freaking out! So excited for y’all!! Congratulations!

    Reply
  39. Christine at www.idratherbesweating.com says

    April 30, 2013 at 10:30 am

    This. Is. Going. To. Be. AWESOME!
    So excited for you guys. Cannot wait to see how everything turns out!

    Reply
  40. katie says

    April 30, 2013 at 10:30 am

    Congrats! Can’t wait to see what all you do with the new place :)

    Reply
  41. Floriane says

    April 30, 2013 at 10:30 am

    I was already wondering what would happen when you crossed the last line of your wish list. Then came the answer : a new wish list!
    I wish I had your sense of adventure!!!
    Good luck in your new challenge. Be sure I’ll keep following you!

    Reply
  42. KitS says

    April 30, 2013 at 10:30 am

    I am SHOCKED! I had a physical reaction (this is going to sound so dramatic, but you know when you hear big news and it’s almost like you get tunnel vision? maybe not. maybe I’m crazy) before my mind caught up to what I was reading. Just so surprised! Can’t wait to see what changes you make to this beautiful new place! You’ve done such a great job with your first two houses, and I love that we all get to go along for the ride!

    Reply
  43. Kristi says

    April 30, 2013 at 10:30 am

    Wow congratulations! Can’t wait to see the renovations!

    Reply
  44. cck says

    April 30, 2013 at 10:30 am

    Awesome! Congratulations to all of you – can’t wait to see the new journey!

    Reply
  45. Jenn says

    April 30, 2013 at 10:30 am

    I am SO excited. Can’t wait to see how you guys take on this new set of challenges. Good luck!

    Reply
  46. Adrienne says

    April 30, 2013 at 10:30 am

    Holy. Crap. I thought this was going to be a joke when I read the first sentence! How incredibly exciting for you guys!

    Reply
  47. LMN says

    April 30, 2013 at 10:31 am

    totally thought this was a joke until I got to the end and there was no “SIKE!” crazy excited to see more projects!

    also, i called my friend and on the voicemail said, “OMG nikki, JOHN AND SHERRY ARE MOVING”. like we’re super tight or something…

    :-) CONGRATS!!

    Reply
    • Misty says

      April 30, 2013 at 4:28 pm

      So glad I’m not the only one who calls friends and gives them YHL gossip! LOL

  48. Carrie @DreamGreenDIY says

    April 30, 2013 at 10:31 am

    WOW!!! So exciting =) Congratulations! So wish we could scoop up your “middle” house…Alas, jobs are keeping us about 2 and half hours away in Lynchburg.

    Hope the transition goes smoothly!

    Reply
  49. Joanna says

    April 30, 2013 at 10:31 am

    Good luck on your new adventure!!! I am so happy for you!!

    Reply
  50. Angie says

    April 30, 2013 at 10:31 am

    Phew! Your current house is in such great shape I was worried about what you were going to blog about! Can’t wait to read all about the new adventure. Can’t wait, can’t wait, can’t wait!!!

    Reply
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John and Sherry Sitting On Woven ChairHey, we’re John & Sherry. We’ve fixed up 7 homes, written books, designed products, started a podcast, and then downsized & moved to the beach! Here you’ll find over 3,000 DIY projects & home updates. More about us…
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