Cozy or McMansion? Deciding on the Perfect Home

by Kevin Smith Author

Whether it is for living or for an investment, a home purchase is one of the biggest financial decisions you can make. As such, finding the right home to fit your needs is paramount to making your purchase a successful one. It’s important to understand your needs, so that you don’t wind up packing a large family into a 2-bedroom home, or wind up lonely in an empty Mansion. There is no one size fits all solution to home buying, so it is important to consider your needs and desires, alongside your budget, which Chant Realty in Hawley, PA can help with.

Location, Location, Location

How big of a home you can afford is often dictated by where the home is. As cities tend to be more cramped, getting a large house tends to come at a cost. Moving out towards the country might net you a larger home, but then you might have to stomach a longer (and potentially more expensive) commute. Before you get yourself deadest on a certain home size, it is important to consider how location will affect your ability to get the size house you are looking for, especially depending on the real estate market in the overall area.

Bigger Is Better

If you are in the market for a newer construction home, you will likely need to buy a larger place, as most newer developments have more square footage. For growing families, these are often a great option, leaving room to grow into the home. If you intend to forego a “starter home,” often you need to get that space upfront to avoid outgrowing the house. Larger families, especially multigenerational ones, will often need the extra space so that everyone can keep their sanity.

Don’t Discount Small

Often, buyers who give smaller homes a chance find that they can get great deals on their homes, often using the money they save towards retirement, or towards vacations and activities. When you don’t need a whole lot of space, a large house can often feel cavernous and lonely. Many small families find that a small, cozy home, like a cape cod can make it easier to bond with family members. You are also able to enjoy smaller utility bills, with less space to heat.

Whatever house you decide on, it is important not to do it alone. Having a quality agent like Chant Realty in Hawley, PA, will allow you to buy your forever home confidently.