Remodeling is quite the buzz these days. Everyone seems to be giving their home a little facelift, whether it’s in the kitchen, the guest bath, or in the Master bedroom. While staying on top of home maintenance and preserving your home’s value with indoor remodeling updates is certainly a worthwhile investment, it’s important to consider the updates you can do on the exterior of your home, too. According to the 2016 Remodeling Impact Report, outdoor remodeling projects not only offer some of the highest returns at resale, but they can also increase the happiness of home owners who are staying put in their homes. Projects like upgrading your landscape, adding an outdoor fireplace, or replacing or re-staining your wood deck can all add value while keeping you, as the homeowner, happy on a daily basis.
We often talk about the cost of owning a home, stressing that though it’s one of the larger expenses you’ll make in your life, it’s a lasting and worthwhile investment, that there are necessary costs to properly maintaining your home, and that there is a certain cost to pay for quality and to get what you want in a home. However, we can argue that the cost of not owning a home is far greater and will always be. You’re missing out on tax benefits, paying more in rent which is of no financial benefit, and likewise, keeping yourself from a hedge against inflation. These, among other reasons, are important to consider when deciding whether or not to become a homeowner. Owning a home is an investment that keeps on giving and in our experience, now is really a great time to be a homeowner!
With tiny homes recently trending, it might have got you thinking what’s the perfect home size for you? Of course, the answer varies according to lifestyle, family size, age, and personal preference, but in general, it’s worth considering all of the options. Is a home with lots of storage and extra rooms worth the additional cost? Is it useful to you to have extra rooms “just in case?” In 2013, the average home size in the U.S. was 1,800 square feet and the average size of homes built in 2014 hit 2,600 square feet, an all-time high that surpassed even the housing bubble years. Though in 2016, it seems that tiny homes, averaging anywhere under 500 square feet. are trending. Getting a complete understanding of how you’ll use your home will help you in determining the perfect size and keep you from going too big or too small. This article provides an interesting way to get an understanding of what your perfect home size might be.