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Pick a townhome, any townhome (actually trying to decide between just two)

Hi, it's me again, the downsizing single parent. I know y'all dislike new construction, but these are the options. Which would you choose?

#1 M/I

  • $349k, $8k closing cost credits, 4.875%
  • 3BR, 2BA, small loft
  • Small strip of "yard" in the back, then hill sloping toward the house (making me nervous with the heavy rains we've been having...)
  • 1 block from 5YO's current elementary school (but still have to drive/bus due to busy roads)
  • South-facing main bedroom and driveway, north-facing all other windows/rooms
  • Surrounded on three sides by farm land (1 private owner, 1 "buffer" land owned by Flint Hills, 1 owned by National Guard, city said no plans for development on any of these lands right now)
  • Vibe is quieter but also isolated
  • Closing date: early June, would list current home mid- to late June

#2 Lennar

  • $351k, $6.5k closing cost credits, 4.875%
  • 3BR, 2BA, no loft (but bigger bedrooms)
  • Flat yard backing up to other set of townhomes' backyards (not built yet so unsure how close that will feel)
  • Not currently close to any school; would require driving to child's current school, where they can stay for 1 year, then would have to transfer to different school
  • North-facing main bedroom and driveway; south-facing all other windows/rooms
  • Surrounded on three sides by single-family homes; other side is currently being mined (?!) but will eventually be commercial
  • Family-friendly vibe
  • Closing date: mid-July, which would mean I can't list current home until early August (not ideal, right?)

I'm leaning towards Lennar because it feels more family-friendly (M/I location is kind of isolated) but also am wary of listing so late in the summer. Thoughts?

submitted by /u/misfitmpls
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source https://www.reddit.com/r/RealEstate/comments/1tcv1bs/pick_a_townhome_any_townhome_actually_trying_to/
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