Dear Ming D,
What is more important to you? Long term return or comfort of easy maintenance of life and life style in the Glen?( It's best to have both I know, but we have to prepare for the worse and what is more important to you if only one can achieve)? If you enjoy putting money + time + some inconvenience in changing a older home to a more comfort living, current home may be good enough. But if you already feel the current home is not enough or your life style or career style may change, i.e. kids, out of town clients visits, travel to market... may be a newer and larger town house with space and parks, schools near by for a easy maintenance will give you peace while away from home?
I believe when reviewing purchase of home, we should not only review the finance and the house, but also our life style, neighborhood, and dream/hope and achievement. Investment is not only about money, I hope. ( Money helps, it buys us house, but what will make house more valuable is "home", a sweet home. )
One thing to remind you, regardless of your decision - don't stretch too much. Also, taking time to discuss with spouse and children to find out what is best for everyone. Have a clear goal and price you are willing to pay for the family (after discuss with your financial pro), tell the realtor you trust and evaluate your objectives with her/him, then go for it as a team.
A heart for your family, a heart for the community your family is in, a peaceful mind of taking the responsibility, a will plan to have the finance and family support, and know every effort you put in will have harvest, buying a dream home is a journey of joy and growth for entire family.
Good luck and Best wishes.
Juanita Soong in Glenview