Hi everyone, I was hoping you, sorry y'all
could help me with a big decision. I have been contemplating a move to the U.S.A. for many months and narrowed the location down to North Dallas for the weather, house prices, income tax, opportunities, crime rates and overall quality of life.
Here's the low down. I am 32, married for nine years with two sons, ages 6 and 3. I am a professional engineer with 8 years of experience mainly in municipal engineering. My wife and I struggled to get into our first home two years ago and then benefited from a huge housing boom in our area near Calgary, Alberta. This boom and the rising canadian dollar has opened up an opportunity for us. We could buy a home in Texas while essentially eliminating all of our debt.
We researched the suburbs of most of the major cities and really liked the look of Frisco or McKinney, just north of Dallas. I should be able to get a job with either the City of Frisco, City of McKinney, etc. as that is in line with my current work, so my commute time would drop from 1 hour/day to 20 min/day. A nice 2500sqft - 2800sqft home in those cities would cost about $250,000 which is less than half the cost of an equivalent home here in Calgary.
I had the opportunity to visit Dallas last weekend as part of a training course I went to. My wife joined me for the weekend and we stayed at a hotel in Frisco. We did a tour of the area and were surprised how much of a rural feel much of Frisco has. The roads, traffic, and 'ruralness' were the only downsides we found. The people were all awesome. We had fantastic service and everyone we met was very friendly. The services, shopping, and restaurants are all top notch.
I haven't fully worked out all the numbers, but it looks like I would make about 10% less salary, however my income tax would decrease about 20%. I would have the additional cost of health care coverage, but fuel and groceries would be about 10% less. The big difference is that I would go from paying $2500/month for mortgage and line of credit to $0.
So what do you think I should do?? I love Canada, but I am really getting tired of the cold weather during the winters and the "cool" summers (average 70F). I am not really liking the commute here, but will Highway 121 be causing similar problems in Texas?
Throw out your thoughts and questions.