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Moving up: Whats that big dream house cost in time and money ?

October 12, 2012

There are some good articles and checklists on why owning a home, moving, or large home vs a smaller one is more expensive. Based on many factors I typically discuss w/ a buyer/seller up front, I agree on most points – based on planned usage, time you plan to stay there and many other factors.

Up front I give a buyer/seller a questionnaire to help them sort thru variables as well as help me understand how to better service them as a brokerage customer/client &/or how to screen other professionals if retained for a referral situation.

For as many costs of more time and money, with some pre-planning you might come out ahead with a larger home or a larger yard. Whats the time savings of a soccer space in the back yard over a regular trip to the park. How about a vegetable garden, in-law apartment, in-home office/studio for your business, renting storage space in the pole barn, Christmas tree stock, pumpkins the kids will sell, hardwoods for the woodstove,  closing off outer/ northern rooms in winter to buffer the main rooms for easier heating ? There are tax savings & income possibilities if done right.

But I do prefer one start with the downside of reality in case one never uses the beneficial aspects.

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