Pam Lebowitz, Realtor® / Attorney's Blog
If you have more than a couple children or an extended family that likes to visit frequently, then owning a large home may be a good match for your lifestyle. While some people immediately assume that a large house would be too expensive, that's not necessarily the case. There are several factors which influence price -- including location, market conditions, and, of course, the house itself. An experienced real estate agent can provide you with the guidance to determine what type of house is best suited to your family's needs, your budget, and your goals. Advantages of a Big House If you love to throw big holiday parties and host family gatherings, then a spacious house can be the perfect setting for that kind of lifestyle -- especially, if overnight guests are part of the plan. Having extra bedrooms also provides space for things like home offices, exercise rooms, and children's play areas. Big homes are ideal for large families because they enable parents and children to pursue separate activities in different parts of the house without disturbing each other. Lots of bathrooms come in handy when you have a houseful of company or just a big family all wanting to use the bathroom at the same time! Side note: A challenge for some home owners is resisting the temptation to use spare rooms as repositories for obsolete electronics, out of date clothing, outgrown toys, old magazines, and other things of questionable value. (I'll reserve that topic for a future blog post!) Are Big Houses "High Maintenance"? The first potential disadvantage that comes to mind when discussing the pros and cons of a spacious home is the monumental task of keeping the house clean. If your budget allows it, a good residential cleaning service is an expense that's well worth the cost. As is the case with all professional services, there's a lot of variation between prices, guarantees, quality, and personalities. That's why it pays to get at least two or three estimates to help ensure you're receiving the most value for your money. Another set of costs to keep in mind when eyeing a large house is heating, cooling, and maintenance. If you're thinking about buying a big home, those things should be factored into your decision. Other details to notice when checking out homes for sale is the amount of insulation in the attic and the energy efficiency of the windows and doors. A knowledgeable home inspector can help you make sure the house is well insulated and energy efficient. Otherwise, you could find yourself saddled with enormous energy bills that could have otherwise been avoided. Ideally, a spacious home should have a climate control system that enables you to regulate different 'zones' individually. That way, you don't have to waste energy heating or cooling parts of the house that are essentially unoccupied at certain times. Programming your HVAC system to accommodate changing energy needs at night and during the work day is another way to help control potentially high utility bills in a large house.