Why Home Size Matters

by Elayne Jassey 10/08/2018

While buying a home is an exciting time, many buyers actually regret their home purchase. One of the biggest regrets that people have is the size of the house they purchased. People either pick a home that’s too large or too small. It may be hard to imagine that you can make a mistake on the size of the home that your purchase. You go into the home buying process knowing how many bedrooms you need and what type of home you might like. Once you begin living in the house, you could find a different story. You may not have enough space for all of your family’s belongings. On the flip side, you could find the amount of space in your home as overwhelming. 

Buying a home isn’t like buying most other things. You can’t easily return it, and there’s quite a bit of an upfront investment that must be made in order to make the purchase. It’s not simple to make a change if you buy the wrong house. The wrong purchase could set you back in making a move for years to come. 

Shop Smart

The best thing to do when shopping for a home is not only to see the home in its current state but what type of potential the house has. Can you add on to the home? Would you be able to make use of all the space the home has? Is there enough storage in the house? Are there ways to quickly add storage? These are a lot of things to consider when shopping for a home but they’re all important questions. Once you move into the home, other than doing a complete overhaul, you may be out of options to improve it without looking for these areas. Of course, the ideal situation is to find a home that already has everything you’re looking for in it.      

Don’t Buy Until You’re Ready

Another mistake that people make is they try to go from renting to owning before they’re ready. Living in an apartment or rental allows for a bunch of advantages that owning a home may not afford you. Owning a home takes commitment, and some people just aren’t ready. Just because it’s widely known knowledge that buying a home is a smart financial decision, doesn’t mean it’s always the best decision for you. You may not be able to afford a house that’s the right size for your family. You may not even know what the right size home will be for you. When these questions remain, you could end up buying a property that’s the wrong size. Don’t worry if you need to take a few more years to save up for a house. On the contrary, don’t worry if you don’t think buying a home is the right decision for you at all.     

 

 

About the Author
Author

Elayne Jassey

 

Your Neighborhood Expert!

Hi, I'm Elayne Jassey and in addition to my passion for real estate, I have a passion for my family, people, competitive games and Stamford! I have loved living in Stamford, Connecticut for the last 35 years. During that time I raised two daughters here and became quite involved in our local civic life. I was very active in Board of Education affairs during all the years my daughters spent in the Stamford public schools, and my early experience as a middle school teacher gave me a great appreciation for the strengths of the Stamford schools. I am currently a member of our Downtown Committee and I'm delighted to have participated in processes that have resulted in everything from encouraging the University of Connecticut to move into their new-in-town branch location, to bringing the excitement of the area's largest Thanksgiving Day Parade, complete with soaring balloons and marching bands, to town. 

I suspect the greatest joy in my professional life is that I meet and work with so many different and interesting people. I enjoy my customers and I am pleased that I build close relationships with them that I maintain for years. These relationships have resulted in a high degree of customer loyalty, and most importantly many close and rewarding friendships. In fact, I continue to work with people I listed, rented or sold properties to when I first entered the profession, and now I have begun selling to the next generation in their families! 

When not spending time with my family or savoring time with my granddaughter as she explores the world, I love to play games. Whether participating in a hard-fought game of Scrabble, playing cards or coming up with the answers in word games and puzzles, I am energized by good competition and problem-solving. In fact, I find creating a successful real estate transaction is a composite of all the things I most enjoy. It combines the problem-solving excitement of detective work with the joy of matchmaking. Each new customer presents a unique set of needs and goals, a special personality and a sense of individual style, all within clearly defined financial strictures. Understanding all these factors and fitting the pieces together successfully is the challenge that makes the selling of real estate so special to me. And it allows me to use my considerable energy, enthusiasm, and entrepreneurial spirit to work hard at meeting my own personal goals. 

People often say that I am a very lucky person. I agree. I live in a community I love. I am surrounded by family and friends, and work in a profession that still engages me deeply. And I've noticed that the harder I work, the luckier I am!