To answer your question with a question, is the 1.8 mil home your dream home?
And for my two cents... hold onto the townhouse for now. It’s not really a sellers market at the moment.
We have 2 options in front of us: (Bay Area)
1. Keep our 3br townhouse in a good Santa Clara neighborhood, rent it out and buy a 1.5 million single family house in a decent school district in Fremont
2. Sell the townhouse and buy a 1.8-1.9 mil bigger single family house in mission hills (Fremont)
Any advice from past experience? Pros and Cons would be greatly appreciated!
Thank you in advance