Hi, Kimmoy ~
I'm sure you've heard the old adage: Location, Location, Location. Well, if you love your neighborhood and your neighbors, fix your home. If you don't, time for a change.
The fact of the matter is that a floor plan can be changed. You can have the home of your dreams right where you are and if you happen to be blessed with Cupertino schools in the 95129, even better! Your dollars would be well spent it that case.
If, however, you are not super happy with your neighborhood, or neighbors, it is probably time for a change. Only you can know that.
In closing, I will say that the FHA 203(k) option is a fantastic way to go. I have had several clients do this and they have been very happy with this program.
Vickie Chandler DRE#01443573
Keller Williams Realty