Appreciate your insight on the following issues:
Neighborhood 1 is a 50 home community, 2+ acre wooded lots, with reasonable HOA fees. Privacy is the advantage of this neighborhood.
Neighborhood 2 is less than 10 homes, 2+ acre lots, with much higher HOA fees (5x). The lots are elevated and offer an expansive view of neighboring treetops.
The neighborhoods are relatively close to each other.
House 1- Smaller home but with a finished basement. Counting the basement, the total living sqft equals that of house 2.
House 2- Larger home but with unfinished basement. The total living sqft equals that of House 1. In the future, additional living sqft may be added by finishing the basement.
The two houses are similar floorplans with the only difference being larger rooms.
TC brings up a good point.We also live in a developement where lots are 2 acre plus and privacy is assured.That said there is not the neighborhood feel I grew up with on Staten Island.Our community gets around this by having organized block parties/socials.Almost every home has children,so although rural/suburban large lots do promote isolationism, if the developement has alot of kids the parents just need to be more proactive.The positive on large lots is that after spending all this money on a nice home I don't feel like I'm on display around the house,and looking out the windows I see woods not neighbors.
Thanks for all your comments. With child #2 on the way, these are all good points to consider.
I would go with the the property with the least Hoa. This will hender your sale in the future. I also think that 10 homes is a bit too small for comfort. Everyone knows everyone.