Coco Early & Associates
Coco Early & Associates
Lisa Fitzgerald, REALTOR®, Lic. MA & NH, Coco Early & AssociatesPhone: (617) 816-0300
Email: [email protected]

Consider Buying More Living Space

by Lisa Fitzgerald, REALTOR®, Lic. MA & NH 06/28/2020

Photo by Kirk Fisher via Pixabay

Whether you are buying your first home or are upgrading, consider buying a larger home. Even if you are just planning on starting a family, a larger home allows you to grow into it. And, you don’t have to put up with the pesky chore of moving when it’s time to go bigger. If you are upgrading, you should still go bigger than what you think you need because you’ll eventually run out of space. As long as you can afford it, going bigger has more benefits than downfalls.

Save Money When Your Family Grows

Instead of trying to sell a home and buy a larger home when your family starts growing, you’ll already have the larger home. If you plan on two kids but often have relatives or friends visit overnight, you’re better off with the extra bedrooms: one for each child, the master suite and at least one guest bedroom. When you have more than one guest bedroom, you’ll be able to make one into an office or a library if you decide to work for yourself later in life or if you decide you just want a quiet place to escape to once in a while.

Make Money

A home with at least one extra bedroom and bathroom commands more money on the market when you decide to sell it. Instead of a three-bedroom, two-bath house, you might consider a five-bedroom home with at least three bathrooms. You’ll get more for a sale than you would for a three-two. While you might pay more for the house, depending on how the market is when you sell, you could see quite a bit more appreciation than in a smaller house.

More Space

Generally, larger homes also have larger living spaces in addition to the extra rooms. You’ll have a more spacious kitchen and a larger living room that won’t feel as crowded when you entertain. You might find a new hobby later in life and will have the extra space to accommodate that hobby. And, because you have more space, your home will look less cluttered because you won’t have to “find” room to store your stuff.

Finally, you can get the furniture you want, instead of settling for something just because it fits in your living room. If you’ve always wanted that big-screen TV or even a room with movie theater seating, you can have that when you go bigger.

What You Can Afford

Look at your debt-to-income ratio as that determines what you are able to afford. If you can go bigger, the benefits outweigh the larger utility bills and the amount of extra time it takes to clean. And, look for a house that is on some acreage so that you can create a large outdoor living area and won’t be on top of your neighbors.

About the Author
Author

Lisa Fitzgerald, REALTOR®, Lic. MA & NH

PERSONALIZED REAL ESTATE SERVICES, PROFESSIONAL GUIDANCE & EXPERTISE, DELIVERED WITH SENSITIVITY TO YOUR INDIVIDUAL NEEDS.

This year I’m celebrating 15-years of service as a full-time REALTOR®! Over the years, I’ve had the pleasure of working with many wonderful clients and customers. I’ve sold hundreds of homes and helped many people achieve their real estate goals with great success. I’m equipped with a higher level of experience to help you sell and/or find the right home that will meet your needs for years to come. As a full-time agent, I have the flexibility to accommodate those busy schedules. My listing services include helping Sellers stage and prepare their home for the market. As a Certified Interior Stager, I have great staging ideas and resources to transform a home into a show place. I offer listing website marketing, professional photography, visual tours, floor plans, aerial photography, social media marketing, video marketing, print advertising, professional signage and much more. When it comes to my listings, every home gets special treatment. As a Buyer’s Agent, I’ll listen to your preferences and needs so we can find the right home within your budget. And I have great strategies to help your offer get accepted over other competing buyers. My professional achievements consist of several real estate designations Accredited Sellers’ Rep. (ASR), Certified Buyers’ Rep (CBR), and Seniors Real Estate Specialist (SRES). I also specialize in working with First-Time Home Buyers. Over the years, I’ve achieved many Top Producer Awards, a National Award for Excellence in Client Satisfaction and most recently, Coco, Early’s President’s Circle Award for the company’s top 10% sales achievement. 

I’m celebrating in a BIG way! I’m offering special promotions for Buyers and Sellers all of 2020! I’m licensed MA and NH. To find out more, call me at (617) 816-0300.