Moving into a larger home may sound appealing initially, but keep in mind there’s a lot to think about and consider before you do. While there are advantages for doing so, there are also disadvantages you should be aware of and contemplate ahead of time.
Take time to think through all the logistics and changes that will occur when you opt to buy a bigger home before you follow through with your purchase. What’s most important is that you’re comfortable and confident in your decision prior to you making a move and uprooting your family to a more spacious property.
You’re going to have more rooms to heat and square footage to use when you move to a larger home. Therefore, your energy and utility bills are going to go up in cost. A wise idea is to consider installing a 500 gallon underground propane tank which is cost-effective. However, it is also an environmentally-friendly option and will meet the needs of your new, spacious home. This size tank is best suited for homes with two or more bedrooms and bathrooms and two or more stories that are occupied. It’s a safe and secure option, affordable and versatile such as that you can use it for home heating, cooking and clothes dryers. Heating a home isn’t cheap, so this will be an excellent option for you if you do decide to move into a larger house.
You’re likely going to have more lawn to care for when you move into a larger home. It means you’ll need to set aside more time and money to upkeep your lawn. If you fail to do so, your curb appeal will suffer, and your home will be less attractive. You may want to invest in a riding lawnmower or even hire a professional landscaping company to help you with this project. While you may like the idea of having space for a garden and more room to plant flowers or have a pond, keep in mind that it’s also going to be more work for you. You’re going to want to make sure you don’t slack in this area because only landscaping or maintaining parts of your lawn and yard will drag down the entire appearance.
The more square footage you own, the more space you’re going to have to clean and tidy up on a regular basis. This can become very exhausting if you’re someone who has a lot of space and likes to maintain a spotless home. You may need to set aside more time in your schedule for picking up, removing dirt and grime and decluttering if you want your house to look nice. In addition, hiring a home cleaning service to come by once in a while might be in your best interest. However, take into account that you’ll need to budget appropriately for this new expense. You’ll certainly want to ask your spouse and kids to pitch in and help out if you do move homes so that you’re not trying to do it all yourself.
Furnishing & Decorating it
Moving into a larger home will require you to have to furnish and decorate more space and rooms. While it can be a fun project to take on, you’re going to need to have the money in your bank account to do so. Furniture isn’t cheap, and you’re likely going to need a lot of it if you have multiple rooms both upstairs and downstairs to furnish. Think of all the decorating that will go into making your new place look presentable such as carpet, flooring, appliances, paint, and artwork. Your old, smaller home was likely a breeze to decorate and furnish, but now you’re going to have to cover a lot more square footage to achieve an attractive look. The upside is that less is more so you should focus on saving up for pieces you truly love and know you absolutely can’t live without.
If anything breaks or needs repairing, it may cost you more to mend in a larger house. For example, a new roof is expensive and only gets more expensive the more square footage you have to replace. If you’re not someone who’s handy, you may want to rethink purchasing a larger house because a lot of your money may go into maintaining it and fixing what’s broken. The more space and stuff you have, the greater the chance that what you own is going to break and need your attention. Think about how much money you’ll need and want to set aside for making repairs and for an emergency fund before you move forward and buy a larger home.
Having More Visitors
The more space you have, the greater chance there is that you’ll have visitors such as in-laws showing up a lot. It’s likely you’ll have room for them to comfortably stay and that they’ll take full advantage of it. Your kids may also volunteer to host parties or sleepovers at your home because it’s large in size and can hold everyone nicely. Be prepared for people to want to spend time in your home when it’s roomy and functional. Naturally, family and friends are going to flock to your house more often if it’s beautiful, big and fun to spend time in.
Although a larger home seems like an attractive option at first, you may be rethinking your decision after considering all the extra expenses and work. However, it’s possible you’re fully equipped to handle the changes and are in the market for a larger home because you need the space and are growing your family.
Spend some time contemplating the disadvantages and advantages and how your lifestyle will change before you put any money down and commit to moving into a home with more square footage. Regardless of what you decide, make sure you do what’s best for you and your family and you’re happy at the end of the day.