And I'm considering moving back in. My first house was on a slightly busy side street. No bus stops or sidewalks, just a car or 3 every few minutes during rush hour as people who live on the street drive down it or use it as a short cut. There is an intersection with a stop light a few blocks down, which I guess is indicative of there being more than average traffic.
Having lived there for over 2 years, I eventually moved. The traffic noise was one culprit, commute and such was another. Yesterday I went to show the house to a prospective tenant due to upcoming vacancy, and to my surprise, while I was inside for 20 minutes or so, I didn't even notice the cars go by, even with the windows open.
I had to consciously stop and remind myself to assess how loud it was inside and how often a car passed, which I had planned to do as part of my trip. It was then that I noticed that the windows were actually open, and that when I focused on listening for it, a car passed every few minutes or so (rush hour) and it didn't bother me, it wasn't even that loud. Now when a car speeds by it would be loud, but the speed limit is 30 MPH, and in a school zone (even though the school on one block behind me and two blocks over, not on my actual street) 20 MPH during the school year during the day.
That said, am I romanticizing the noise issue? The reason I ask is because I'm considering moving back in since it is a paid of house, with a large yard, no HOA, and close to everything. No, the neighborhood is not great, but it is not bad either, not what I would consider a ghetto, they are building new houses all around there, just two houses down and such. It's gentrifying.
I did live there for over 2 years, 10 times longer than some of the noisy apartments I lived in when I lived in Seattle that I had to leave the lease early on with the penalty fee just to get away from the noise of neighbors. At the house I'm talking about I never had an issue sleeping as the street is dead quiet after 8ish. I also kept white noise going 24/7 to drown out the swoosh of a car driving by. Plus I've come to realize that noise issues exist everywhere in the city and burbs. Granted my current house doesn't have a car driving by every few minutes, 15-20 yards away from my front door at 30-45 MPH, but still. Maybe I've matured over time and learned to accept some things, I dunno.
Alternatively, I could just pay off my other house that is central for all commuting, 30 minutes to Seattle, walk to transit, not on a busy street, large yard, and the perfect layout for room mates I could rent rooms to; rooms and bathrooms on the far other end of the large rambler, with a seperate living area (I can close the french doors). I only moved from this house as a result of one section 8 neighbor who just didn't get it. I had to use the city to keep them in check, but alas, I was looking to add to my RE portfolio so it was a good decision to at least move temporarily. Oddly enough, my gf said she would rather live in the house on a busy street than the house with the section 8 neighbor.
So the ask is:
Knowing the above, do I...
A) Keep the house as a rental and only use it to fall back on if I fall on hard times
B) Sell the house and use the proceeds to buy another house in the area not on a busy street (slim pickings, prices have gone up drastically in the area).
C) Move back into it so I can live rent and mortgage free.
D) Focus on the house that is not on a busy street and a great size and layout for renting out rooms, which would add an additional 1K a month income to my retirement cash flow, when I retire.