Just playing devil's advocate a bit here......
In less than 2 years you discovered that your condo is too small. So your solution is to buy a slightly bigger condo? Have you looked at other options like a house? What about schools? Where is the condo you are looking at buying- is it possible that while you are comfortable there, will it be a good location to raise a kid? What about access to the car? With a kid/seat/diaper bag how handy will it be to park, walk to the elevator, etc as opposed to walking up the driveway.
Me, I would move into the new place at first when its built, and then list it right away. That way if it takes 4 months to sell you aren't in any sort of a pinch. Then when it sells go and buy the place you want.
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