Everyone likes to be a little different. It's what makes the world go around and in many ways it pays to be a different..... except in real estate. And in time when everyone is moaning about the value of their property, maybe it is time to reflect on some practical things to remember when buying property.
Now first and foremost a house is a roof over your head. It should not really matter what it looks like, but it is still the largest purchase most people make in their life. Therefore a little sensibility will pay well when selling that before retirement or that move up when the family expands.
This does not mean that every house has to be the same, of course not, but to maximise the potential worth of property, a globe house on stilts is not the way to go. There are more practical examples of this and here a few.
If houses in the subdivision typically have basements, do not choose to buy one without a basement and vice versa.
Do not buy a house where the functional utility has been reduced.
Do not "load" your house with upgrades, the return on investments becomes minimal after a while.
When buying a new home in a new subdivision do not buy the largest or the smallest model.
When building a house in an existing area do not build several thousand feet larger than the typical home in the neighborhood.
Think about the fact that people will not always want to heat large two story family rooms. They are afterall a little ostentatious. Two story foyers are OK.
Leave the fashion out.
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