5 Awesome Advantages of Buying a Smaller House

Buying House

Bigger isn’t always better–as the owners of giant houses will tell you when the energy bill comes around. But there’s a lot more to love about buying a smaller house than lower energy bills (though it’s a major perk).

If you’ve ever wondered if there’s a brighter side to living less luxuriously, this article will help you explore just that. Continue reading to learn why you should consider downsizing in the near future to be happier:

Why Buying a Smaller House is a Big Win

1. Lower Energy Bills :

Whether you’re in a mansion on Long Island or a Ranch home in Texas, your body will demand comfortable temperatures year-round.

Seasonal temperature swings like harsh summers and winters mean heating and cooling systems will have to work harder, using more energy.

And that equals a steeper energy bill.

Big rooms and vaulted ceilings pose a problem: the time it takes to alter all that air temperature requires much more energy than compact homes.

2. Less House to Clean :

A smaller house inevitably means smaller piles of dirt, smaller dust bunnies, fewer floors to mop and less carpet to vacuum. With fewer rooms, daily chores and tasks aren’t nearly as burdensome or demanding, freeing up time and a lot of peace.

You’ll also save money on various cleaning costs, from paid cleaning services to scrubbing materials.

3. Reducing or Eliminating Mortgage Payments :

A house at $200,000 today (an average price) will cost someone on a 30-year mortgage a little over a thousand dollars a month. At that price tag, these houses are likely to have only a couple of rooms and moderate square footage.

When you’re considering a house with 4-5 bedrooms in a highly desirable area, don’t be surprised to encounter a mountainous mortgage.

Downgrading is likely to put a hefty amount of cashback into your pocket after mortgage payments are processed each month.

4. Helping Purge Junk :

Having less stuff seems to equal happier living as there are fewer things to fret over, fewer things to purchase, fewer to clean up. When downsizing homes, it’s easy to rummage through your belongings and separate out what you won’t need.

From there, you’ll have fewer things to worry about when moving into your smaller home. Regardless, however, you should seek out quality moving services, such as Corrigan Moving, to secure your belongings in the process.

5. Frees Up Time Commitments :

There’s no currency like time, and if you’re looking for more of it, then downsizing to a smaller home is your ticket to the good life.

As we mentioned, cutting down on the amount of cleaning will cut out wasted time. A smaller yard will need less work, and a smaller pool won’t require as much scrubbing.

Choosing a smaller home will generally require less maintenance time, giving you back the freedom of a wider available schedule.

Why Wait to Downsize?

The buyer’s market is ripe with opportunity, and downsizing has never been more rewarding than in our digital age! Buying a smaller house proves to be a wise decision on funds and time, and a strong move toward a happier life.

For more practical and insightful information, visit Content Rally today!

Read Also :

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Home Buying

Best Home Buying Tips for First Time Buyers

Having a home is the best asset that each family desires because housing is a basic need. The challenge with most people is that they make several mistakes while buying their first home. You need to be keen because this is a long-term investment. Some of the mistakes you make can cost you for the rest of your life. Here are some of the home buying tips for first-time buyers. Financial Planning You will rarely come across a person buying a home in cash. Most of us rely on mortgages to finance their home purchase. It means that you need to do a lot of planning before you make the final decision. First, you will be expected to make a monthly payment towards the mortgage. Look at your financial cash flows and make sure you are comfortable with the monthly installments.  You don’t want to buy a house that will be repossessed along the way because of the inability to pay. Assess your future cash flows to make sure that you are on the safe side. It’s good to have an alternative source of income just in case the primary source fails.Recommended reading: Five Efficient Uses Of Propane In Your HomeSo many financial institution advance mortgages to their clients. Look for a financier whose mortgages have the best features. You need a loan that is not very expensive in the long run. Assess both the finance fee and the loan interest rate to get the best deal. Also, look at the lending policy of the borrower. Look at how they handle default because no one can see tomorrow and you need to prepare for the worst. You can also use probate estate loans. Banks offer different mortgage products and you need to do your homework well to get the best product. Size of the House Make sure you evaluate your housing needs before you begin shopping for one. A home is not something that you can buy at any time. It is a long-term investment that can take you even 30 years to clear the mortgage. Make sure you evaluate your future and current housing needs. For instance, a single person who is planning to get married should plan for the future needs of his family. Buy a house with the future needs of your family in mind. It is very little you can do when you discover later that your house is too small. Make sure you buy a house that will meet all your needs in the long run. Location of the House Location is an important element when buying a house for the first time. First, look at the accessibility of the house. Infrastructure is very important when buying a home. Make sure you are comfortable with the distance of the house from the road. You should be able to access the house with a lot of ease. The house should also be close to social amenities such as schools, hospitals, shopping malls, restaurants, and gyms just to name a few. It can be hard to get an ideal location but you can try to get the best from what the market has to offer. The last thing to look at is the neighborhood. This element is mainly determined by your age and lifestyle. You can decide to go to a neighborhood that has old people or the young generation. Using Property Agents Home buying companies have a long list of houses for sale in the region. Using them can save you a lot of effort. They can give you several options and you will be able to choose the best. You will also get an opportunity to compare the prices of different homes for you to get the best value for your money. You can cushion yourself against exploitation from greedy sellers by using property agents. You will pay property agents some fee but it is cost-effective in the long run. It’s always a good option to use the help of North Coast Financial advisers. 

READ MOREDetails
Real Estate

How to Use Videos to Get Real Estate Leads from Social Media with Little Effort

Being a real estate agent is already a tough job. With all the other agents out there and the competitive market, agents need to do their best to win their share of the market. But it has become even harder in the market since the direct marketing strategies are not as effective as they used to be. hard-earned cash is spent on ads on Facebook and Google and little is returned. The Roi of direct marketing strategies is not satisfactory. This does not seem to be a one-time decline in the performance of direct marketing methods. There seems to be a logical and meaningful trend emerging in the market: the audience is exposed to too many marketing messages and has started to ignore all-the-same ads.However desperate it might make agents, especially those new to the business who do not enjoy the advantages of word of mouth and referrals, repeating the same mistake over and over is not going to fix anything. There should be another turnaround to this predicament. And that is to look at the problem and think of what the audience wants. The Root of the Problem: Bad Content Real estate just like any other field in business is overwhelmed with the huge load of marketing messages in which real estate agents all claim to be the best, but most offer the same message. A brief look at the ads on social media platforms and Google shows that a majority of ads are centered around the agents and few focus on the needs of the clients.“Content is king”, said Bill Gates back in 1996. Back in the day, he saw the potential internet has and saw the content as the pivotal point. The content indeed turned to be the king. In an era, where people are tired of all those ads with nothing to offer, content is the key to stand out and be unique. Of course, everyone can make content, but not everyone creates great content.But what is great content? the long and the short of it: content that your audience is looking for on the internet. It caters to their needs and problems. Real estate is quite complicated in the eyes of the homebuyers and home sellers. They have many questions which they try to find answers to. Agents who focus on these questions and problems tend to become the go-to guy. The expert they are looking for. Videos, Videos, Videos We simply cannot highlight this enough. Watching videos is now easier than ever thanks to the advances in technology which has resulted in an increase in internet speed. Every day millions of videos are shared across different social networking platforms like Facebook, Instagram, Twitter, etc. on the other hand, YouTube as the biggest video sharing platform has made videos easier to watch. This is all good, but the problem is unlike watching videos, creating them is not easy. The great content we mentioned in the previous paragraph is offered best in the form of videos.roomvu market update videos A bad video should be better than no video, right? Wrong. Reputation and brands are so delicate in real estate that it is not recommended that agents risk them by using poor videos. As videos are hard to make many agents would rather stay away from them and forget about the benefits they offer. With a few searches on the internet, agents can find many great tips on how to record their own real estate videos and also the ideas to base their videos on. Another option is simply to hire professional real estate video creators to do the job for you. It might seem like extra expenses, but the ROI is definitely worth the cash you spend.roomvu neighborhood bio videosSocial Media, Automated Social media is one of the greatest avenues to generate leads in real estate. The features popular social media platforms offer, like Instagram live for real estate all help agents reach their audience on a larger scale. If you have the time, skills, and patience to manage a couple of social media accounts properly, create appropriate content, and keep it consistent, go ahead. But given the hectic schedule, most agents run; it is unlikely. The only way to make it as a real estate agent on social media is to keep it interesting, informative, and valuable for the audience and keep it going all the time. This is probably what keeps most agents away from giving social media a shot as they do not have the time, skills, content, etc.All these do not mean agents can't enjoy the benefits of social media. In fact, social media automation systems like roomvu real estate social media automation calendar can take care of all from content creation to sharing them on social media accounts. There are many platforms that offer social media automation. roomvu does what needs to be done effortlessly and also offers a free calendar. All agents need to do is connect their social media accounts and pick the right content provided by the roomvu content factory and then let the technology do the rest.roomvu social media calendarFinal Words Whether agents like it or not, they can't insist on old-school methods. Furthermore, direct marketing methods too are failing due to being all the same and offering no value. No one clicks on ads anymore. It does not mean that ads are bad. The problem is that they offer nothing other than a bunch of claims which the audience is sick and tired of. What is suggested here is that agents need to take on a novel approach towards their marketing efforts. Coming across as a helpful expert who is always out there sharing valuable information and helping the audience with their needs by providing insightful answers through valuable content in the form of videos. This mindset requires patience and consistency as the desired community is not built overnight. Thinking of customers and their needs and concerns as the highest priority instead of claiming to be the best agent out there, is the key to success in real estate’s highly competitive market.Read Also:Best Transaction Management Software for Your Real Estate Business 8 Social Media Tips for Your Business How to Start Social Media Agency in India 5 Easy Estate Planning Tips to Help You Plan for the Future

READ MOREDetails
Property Investment Success Stories

Property Investment Success Stories

Many people have chosen the buy to let property investment route and though the market has had some recent knocks, investing in property continues to be a lucrative option. There are a number of property investment success stories out there, and we take a look at why choosing to invest in property can be such a great option.In the UK there are more than a million buy to let property investors, most of who have a couple of properties earning rental income for them. Sometimes it can be a property they have inherited or bought when they were single, earning them the title of ‘amateur buy to letters’. However, there are a considerable number of people who have taken buy to let property investments to another level, becoming ‘megalandlords’ like Judith and Fergus Wilson who had a 1000 strong property empire worth around £200 million.In a Daily Telegraph article looking at buy to let gurus, investors like Jim Haliburton who owns 160 properties in the West Midlands and is currently buying at least one property a month, is passionate about the benefits of buying to let. With a strategy of doubling his money by purchasing a two/three-bed terrace in 2012 for £80,000, spending £32,000 on converting it into a five-bedroom property and then letting for a total annual rent of £18,000, the current market value of the same property in 2014 was £180,000. This style of property investment was also popular with Steve Bolton, who owned 20 properties around Bournemouth and Poole, buying under-priced property and converting it to accommodate more tenants.However, that kind of property investment isn’t the only option available. For many, buying property nearby and doing it up by themselves isn’t a possibility, but there are far more hands-off property investment strategies available. Property investment company RW Invest has a long list of successful property developments, where buy to let investors have gained substantially on their investment. Through monthly rents, guaranteed yields and below market value property prices, it can be an incredibly lucrative option to invest with a specialist company like this.In general, UK property has proved to be an excellent investment, with price rises across the country. Property prices in the UK have risen by an incredible 281% since 1996, and in London, where house prices are now incredibly high – they have risen by 501%. The Nationwide house price index showed that buy to let property investors typically earned £14,987 for every £1000 that was invested twenty years ago. Further success stories include one property investor who purchased a £80,000 terraced house in Oxford with a £4,000 deposit which is now worthy £525,000. Another property success was a 1996 purchase of a 1500 square ft apartment in central London which was bought for £218,000 with a £25,000 deposit and is now worth £1.5 million.Property investment continues to be one of the best investments out there, with huge price rises in the UK. As rents continue to rise across the country, buy to let property also ensures an increasing income for potential investors too. Though becoming the next property success story isn’t as far away from you as you might have thought, with lucrative property investments available in affordable cities in the UK.Read Also:6 Tips For Selling Your Brisbane Property Investing In Property Is Investing In Your Future

READ MOREDetails