Hubby and I were very fortunate to pretty much build our dream home last year at 27 years old. (big 2 storey, pool etc that we designed ourselves!!) in a nice area. But we have no backyard and have just had our first child. We have a mortgage around 300k.
Now we can sell our current home, buy a bigger block (almost quarter acre) in the suburb next door, build a smaller home, still with pool, but have a backyard for put daughter too. By doing this we would have either no mortgage or a very small one so financially would b getting ahead.
So what should we do??