Your first home may be the best fit for you, your significant other, or even your extended family. But as time goes by, you will surely notice that the space cannot accommodate the growing needs of your family anymore. Maybe it is time to move out and move up. The decision-making process can be quite difficult, especially if your family has been attached to the home for so long. After all, everything that you need is already there.
You need to make a solid decision, especially if your current condition makes your lifestyle quite difficult. You have to make sure that your decision will benefit everyone in the family. If you are having second thoughts, look again at the living condition of your family.
Whether you are moving to newly built townhomes or to a new condominium somewhere downtown, there are actually benefits that come with living in a bigger home. Wright Homes and other experts list some of them:
Benefit #1: More Space for the Family
Let’s say you’re welcoming your first baby (or in other people’s case, their second or third baby). As the child grows up, you will realize that your home is getting smaller. Your kid’s items, beds, and playthings will clutter the room, thus leaving no space for more items to come. This is why you will need to move up. You can get a bigger home if you are having two or more kids. This means more room for the family, and you have an assurance that organizing your household items will be much easier.
Benefit #2: More Utilities
Bigger homes have more utilities. For one, there will be more bathrooms and extra rooms that you can use as a den, a maid’s room, or a study. You will notice that there will be provisions for items that will make your home much more comfortable. An attic will provide room for insulation. The basement may serve as additional storage space, and the same goes for the garage.
Benefit #3: A Bigger Resale Value
Bigger homes are beautifully designed both in form and function. The layout is planned to accommodate different family needs. There is a wide range of aesthetic choices to choose from, from Japanese Zen to mid-century. Depending on the design and configurations you choose, your home may get a higher resale value. This is where you will need to work with a reliable property assessor to validate your assumptions and projections.
Benefit #4: A Better Community
Bigger homes are usually located in suburban areas where the community is master-planned. This ensures that your family will be safe here. On top of that, you have an assurance that you are close to major facilities and establishments, such as schools, hospitals, parks, and even churches. These areas make good places to raise your kids.
These are just some of the things to keep in mind when it comes to living in a bigger home. These beautiful and practical benefits are some of the things that you will not regret investing in.