When newly married couples combine households in the Washington, DC metro area, one of the first major decisions is what to do with the home one partner already owns. Whether it’s a condo in Arlington, a rowhome in DC, or a townhouse in Silver Spring, your strategy can influence your long-term finances, monthly comfort, and future plans together.
After working with many couples navigating this same transition, I’ve found that a clear plan helps remove stress and ensures both partners feel confident in the decision.
Start by Reviewing Your Long-Term Plans
The right choice depends on where you see yourselves in the next three to five years. Consider:
- Will you stay in the DC metro area long-term?
- Do you plan to buy a larger home together soon?
- Is one partner’s current home big enough for both of you?
- Do you want to build a rental portfolio?
- Are you planning for future children or lifestyle changes?
Your timeline shapes whether to keep, rent, or sell the existing property.
Option 1: Move Into the Existing Home
This is often the simplest path. Many couples choose to live in the home one partner already owns if it fits their needs and location preferences.
Pros:
- Lower upfront costs
- No need to move twice
- Gives you time to save for a future purchase
Consider:
- Is the space large enough for both of you?
- Does the location work for your new routines?
- Will you eventually outgrow the property?
Option 2: Keep the Property as a Rental
Many newly married couples choose to retain the existing home as an income-producing asset, especially if the property is in a high-demand area such as Arlington, Navy Yard, or Bethesda.
Pros:
- Creates monthly income or helps offset expenses
- Builds long-term equity
- Keeps a valuable asset in appreciating markets
Consider:
- Costs of being a landlord or hiring management
- Vacancy periods and maintenance
- How rental income affects your mortgage approval for a new home
I can help newlyweds review comparable rentals and estimate realistic monthly income.
Option 3: Sell the Property and Move Forward Together
Selling can be the best choice if you want to start fresh together in a home that fits both your needs. Many couples prefer this option when the existing home feels too small, outdated, or no longer aligned with their routines.
Pros:
- Unlocks equity for your next purchase
- May reduce monthly obligations
- Allows you to choose the right home as a couple
Consider:
- Optimal timing for listing
- Preparation needed to maximize sale price
- Bridge strategies if you’re buying and selling at the same time
Option 4: Keep the Property for Now and Decide Later
Some couples choose to take a “wait and see” approach, especially if:
- You’re unsure about long-term plans
- You need time to adjust to combined routines
- The market is shifting and you want to maximize timing
This option allows you to make decisions gradually without pressure.
How to Decide Which Path Is Right for You
Step 1: Assess the property’s value
I help couples determine current market value and future upside.
Step 2: Review your combined financial picture
Your decision may depend on how your current debts, savings, and income support your next steps.
Step 3: Run rental vs. selling projections
Understanding real numbers helps you choose confidently.
Step 4: Discuss lifestyle needs
Your home should support your routines today, not just your financial goals.
Step 5: Build a joint plan
A shared strategy strengthens your partnership and makes the transition smoother.
Why Newly Married Couples Work With Me
Each couple brings a unique financial picture, home, and set of goals. My role is to help you evaluate every option with clarity, so you can choose the path that supports both your daily life and your long-term financial stability.
Final Word
There is no one-size-fits-all answer for what to do with one partner’s existing home. What matters is choosing the option that aligns with your lifestyle, your financial plans, and the future you are building together.
About Matt Cheney
Matt Cheney is a top-producing real estate advisor with Compass in Washington, DC, guiding buyers and sellers across DC, Maryland, and Virginia through high-stakes moves, from luxury sales to estate settlements, downsizing, and divorce-related transactions. With over $771 million in career sales volume and 22 years of experience, including more than two decades working on complex and sensitive real estate situations, Matt is known for calm, strategic guidance and brings hundreds of successful sales to clients seeking clarity and support during life transitions.