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Reply to "Small families with big houses"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In my searches in Arlington, there is often not that much of a price difference between well maintained, older 3-4 bedroom houses with 2500 sq ft (often around $1.5-$1.7 million) and relatively new McMansions with 5-6 bedrooms with 4000-5000 sq ft (often around $1.8-$2.0 million). So it can make lots of sense to just go for the bigger house, even if you don't really need the extra space.[/quote] You aren't factoring in the cost of furnishing unnecessary spaces and the cost of maintenance on that larger house. [/quote] Actually, furnishing an extra bedroom is not that expensive. And maintenance might actually favor the larger house -- they are typically newer, so assuming they are well built (which I know is not always the case), the maintenance costs can be lower. Even heating and cooling costs can favor the larger, newer house because older houses can be very drafty and have rooms that get much cooler/hotter than other rooms. All I'm saying is that it can be a totally rational thing to do to pick the bigger house, even for a small family. [/quote]
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