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ExpertRealEstateTips

Buying the Right Size House: Think About Your Future Lifestyle

57 views 1 day ago
Before you buy the wrong size house, you should think about your future lifestyle. Size does matter for first-time homebuyers in their late 20s or early 30s. Finding the right size home that fits your needs now and in the future can save you hassle and money.

Most homebuyers who are young and single don't think about the future and end up buying one bedroom condos, which don't give them much flexibility for the future. What happens if they meet someone and get married? Unless they marry their next door neighbor and combine condos, that one bedroom, one bath unit won't be big enough to share with someone else.

That young homebuyer could buy a two bedroom two bath condo for nearly the same price, and maybe in the same location. A two bedroom condo gives homebuyers more flexibility.

To make a smart decision about buying a home or condo, you have to think about how long you'll be living there. The average American moves about every five to seven years. So if you're in your 20s, think about where you'll be personally, romantically and financially. Thinking about the future and anticipating significant shifts in your lifestyle will help you buy smart for those changes ahead of time.
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Before you buy the wrong size house, you should think about your future lifestyle. Size does matter for first-time homebuyers in their late 20s or early 30s. Finding the right size home that fits your needs now and in the future can save you hassle and money.

Most homebuyers who are young and single don't think about the future and end up buying one bedroom condos, which don't give them much flexibility for the future. What happens if they meet someone and get married? Unless they marry their next door neighbor and combine condos, that one bedroom, one bath unit won't be big enough to share with someone else.

That young homebuyer could buy a two bedroom two bath condo for nearly the same price, and maybe in the same location. A two bedroom condo gives homebuyers more flexibility.

To make a smart decision about buying a home or condo, you have to think about how long you'll be living there. The average American moves about every five to seven years. So if you're in your 20s, think about where you'll be personally, romantically and financially. Thinking about the future and anticipating significant shifts in your lifestyle will help you buy smart for those changes ahead of time. Show less
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