Reply to Genz and millennials don't want your small starter homes want forever homes now

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[quote=Anonymous][quote=Anonymous]My in laws bought and lived in a huge house.  When it came time for selling it even though all the kitchens and baths had been renovated within the last 5 years and they custom built it 25 years prior they had to keep cutting the price.  It was in an excellent school district too.

The one house their owned before their 6000 square foot home was a 2500 square foot colonial in a walkable town about 15 minutes away.  That home sold about the same time as my in laws second house.  This colonial had not been updated since my in laws owners it and sold for more than my in laws second house!

I live in what would be considered a starter home for many.  I love it! I lived in Europe and other countries where you don’t have these huge houses and I would rather spend my money to invest and travel than on a big home and its maintenance and taxes.  To each their own I guess. [/quote]

Except Big houses close in still hold value. I have a "small big house". Meaning No HOA, flat half acre. I have a finished basement I don't use so no cleaning other than vacuum every few weeks. My main floor we live in Kitchen and Big Den, upstairs in our large Master Bedroom suite.

However, I do have four normal size bedrooms upstairs beside master, and I have two in basement. And a large Dining and Formal Living room only used when company comes over.

Since I only use Den, Kitchen, MBR cleaning not much different my one bedroom Coop when first married. About to be a empty nestor, but my kids cleaned their own bedrooms and baths. With them gone soon those doors will only open when they visit. They are all single. So my house really comes to life at all the holidays or graduations.

Some people have 4-5 kids, blended families, inlaws living with them, families from out of town who visit. My kid graduates HS later this month and I will have 11 people staying over all in a bed. I have beds for 13 people and 5 bathrooms.

Only headache is keep track of shut off values and toliets as so many. I go to Ace or Home Depot every few month with a frozen shut off for toliet, running toliet, or sink faucet. I have 8 sinks and 5 toliets to kick track of.  I fix them myself. But I can see it getting expensive it not handy     [/quote]

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