u/Slight_Camera6666

I inherited a my childhood home. We have no mortgage so I have used extra funds to remodel it. It is a beautiful home and I am very emotionally attached to it. However it is in a bad neighborhood. My children are becoming school aged and our assigned elementary school is a 2/10 and the second worse in the state. There isn’t much crime but very annoying loud neighbors and drug use.

We recently made the decision to sell and use the funds to put a hefty down payment on another house in a much better neighborhood. However even with that down payment we would still have to downgrade our home and have a mortgage.

Am I making a mistake selling this beautiful home I’m attached to, to live in a lesser house in a much better neighborhood?