Lifestyle Choices Affect Bottom Line

Movin’ on up can cost a lot of time and some big bucks

When it comes to eventually moving into that dream home you’ve always wanted, keep in mind that many of the choices we make on a house are really driven by lifestyle desires, rather than lifestyle needs.

More bedrooms means more time to clean, more expensive to repaint and carpet/floor in the future. The bigger the house and the larger the lot, the more you’re going to pay for it both in time and financial resources. The main three decision factors are larger lot, more space and more stuff. Each of these come with a price tag.

Larger lot

Depending on the acreage, this is going to cost the owner in regards to acquisition, monthly payment, and upkeep. First is the acquisition. Larger lot means larger price, thus larger down payment and monthly payment. In metropolitan areas, the closer in to the epicenter of town, the more the extra space is going to cost you. If you decide to get it cheaper by moving out of town, then you’ll be paying more for gas and be losing the ever elusive minutes of your life.

 

Written By: M. Anthony Carr. If you would like to continue reading, click here.

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