We’re Selling the Condo!
We’re going back – way back! – to the start of this blog. Who remembers our condo? It was the first home Scott and I purchased together, nestled on the second floor of a yellow brick corner building. So if you’ve ever wondered how our blog got its name, all signs point back to the Condo That Started It All. And today, I’m here to tell you: We’re selling the condo.
The Story of the Condo
Coming in at 675 square feet, our little home had an open living room and kitchen, one full bath, one bedroom, and one office – just enough space for us, our pets, and our 20 closest friends at any given time (hah). In all seriousness though, the condo was home base among our group of twenty-something friends, and it will always hold a special place in our hearts. We purchased it in 2007, got married in 2008, and we started Yellow Brick Home in 2009. (If you’re doing the math, that makes this blog 12 years old!)
It’s impossible to look back on our lives in Chicago without thinking of our first home together. We learned so much about who we are, we started a business, we tapped into our creativity, we worked really hard (most nights and every single weekend), and we had so. much. fun sharing it all with a small, loyal community of DIYers. It was before Pinterest. Before Instagram. I think I had just signed up for Facebook! The blog was our outlet, and we were inspired by so many others that had already established themselves in the DIY community. John and Sherry. Nicole. Kate. Stefanie!
The blog was a fun way to connect with others while turning our beige-box into a home we loved. We experimented with color – a lot. We painted our bedroom orange (and soon after painted it minty green), wallpapered a hallway, spilled a gallon of paint in the bathroom, rescued furniture, made our first built-in.
Why We’re Selling
Six years after purchasing the condo, we were ready for our next adventure, and soon enough, we were smashing a champagne bottle on the side of the home we live in now. We decided to keep the condo and rent it, which is how we became accidental landlords (and kind of liked it)! We learned quickly what it meant to be a landlord in Chicago, and we’ve had a handful of longterm tenants in and out of our condo for the last eight years.
When our current tenant let us know that he’d be moving on at the end of his lease this May, we knew we had a decision to make. Do we continue to rent the condo, or is this a sign to sell? In the last five years, we made a business out of renting our Tree House, and we made an investment in the Two Flat that worked out better than we could have imagined.
We met with our realtor. We Zoomed with our accountant. We made a pros and cons list. We considered the perk of someone else paying down our principal, versus the downside of special assessments and HOA fees. In the end, and after considering the other investments we had made in last several years, we felt it was time to let her go.
Getting It Ready
The condo, while still our special girl, is certainly rough around the edges after a near decade of rental living with multiple tenants. We could not be more excited to share that we’ll be sprucing her up in preparation of the sale, and I’ll be sharing more about our plans this week!
Friends, if you’ve been with us since the condo days, can I hear you in the comments?! Thank you for being here!