Whether you just got a big promotion and raise at work, or your starter home just isn't the right fit for your family these days, it can be tempting to start eyeing the big houses at the end of the street. You've crunched the numbers and you know you can afford it, but is packing up your family and your belongings worth it? Although not everyone needs a large home, there are many families who can benefit from having more room to spread out and grow as the years go by.
While bigger homes often come with tradeoffs, including bigger utility bills, more time spent cleaning, and more maintenance and upkeep, they also come with a lot of perks that smaller homes just can't match. If you're considering upsizing your living space and buying a bigger house, read Blindster's list of the top 10 reasons to go big when purchasing your next home.
The house that was perfect for you, your spouse, and even your newborn baby may no longer be the right fit for your family that now includes two school-aged children, two cats, and two dogs. While it's nice to imagine everyone in your family living harmoniously for years and years in a modest-sized home, in reality it often leads to headaches, arguments over space, shared bedrooms and closets, and a lack of much-needed storage. A larger home provides everyone with the space they need when things get a little too hectic.
There are some hobbies that just don't fit in a small home. Having a dedicated game room, complete with foosball table, pool table, dart boards, and shuffleboard, is often out of the question for owners of small homes. Not having a full-size basement or large garage also makes more industrial hobbies like home brewing, carpentry, and auto maintenance/repair more difficult. These hobbies require plenty of room and dedicated space—two things you'll get with a bigger home.
If you collect furniture or simply have too many pieces that you aren't willing to get rid of it, it may be time to consider packing it up and moving to more spacious accommodations. Whether you inherited an entire house worth of antique furniture from a relative or you've simply accumulated a large collection that you can't bear to let go of, you may be better off showcasing your furniture is a home big enough to house it all without feeling cramped and overloaded.
In many cases, bigger homes come on bigger lots with more land. This is important if your kids are into sports like soccer, baseball, or football and need room to practice and play. Bigger lawns also mean more privacy and distance from your neighbors, as well as the option of creating outdoor spaces like a porch, patio, or bar. If you live in a warm climate, you also may be able to take advantage of the extra room by installing a swimming pool—something that's difficult or impossible to do on a smaller lot.
Some homes are simply built for entertaining, and some are not. Those that are perfect for parties, dinners, and other get-togethers are often on the larger side and have plenty of room for guests to spread out and mingle without stepping on each other's toes. If you find yourself having frequent social events at your home and feel like every gathering is too crowded, a bigger home may be just what you and your guests need.
There are countless circumstances that can lead to relatives living with you for an extended period of time. Whether it's retirement, illness, the birth of a new baby, or simply a change in job status or income, adding more members to your household can cause a lot of stress if you don't have enough room for them. In those cases, sometimes having a house with an additional bedroom or bathroom can make all the difference in the world for everyone's happiness and privacy.
Homes are investments, and some homes grow in value more quickly than others. If your starter home seems to have maxed out in its current value and you're not planning on doing any extensive renovations or repairs, it may be worthwhile to investigate buying a bigger home. Larger homes offer more potential for financial growth and renovation opportunities—both of which can lead to a bigger investment for your family down the road.
If there's one thing smaller homes lack, it's storage space. Not only do larger homes often have additional bedrooms and garage space, but they also have far more closets than smaller homes. Most large homes built within the last 20 years tend to have walk-in closets that feature tons of storage for clothes, shoes, sports equipment, and anything else your family needs at a moment's notice.
Working from home is becoming more and more common, but it can be difficult or even impossible without a dedicated home office—especially if you have small children or pets in your home. People who telecommute need a quiet space where they can close the door and work in peace without being disturbed, but most small homes don't have any additional room outside of their standard bedrooms. Bigger homes, on the other hand, often have either dedicated home offices or bonus rooms that can be converted to home offices to boost productivity and eliminate distractions.
When most people picture their dream home, they picture a large estate complete with a grand entranceway, multiple bedrooms, and a sprawling green lawn. Although there has been a movement in recent years for people to buy smaller, more modest homes, there's certainly nothing wrong with aspiring to live in a large home—and in many cases, it may be necessary for your family's happiness and future growth.
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