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Reply to "For Owners of Homes Over 7,000 SF – Share Your Experience!"
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[quote=Anonymous]6000sq ft. North Arlington. Bought for $2M in 2019 with $1M down. All money from buying and selling properties since we got married. Had some great real estate luck to make that money. 2% mortgage we could pay it off but financial planner doesn’t advise. Probably worth $3m now but we’re not selling so doesn’t matter. I thought it was ridiculous when we bought it but we wanted this neighborhood and schools. Still love the location. Was perfect for 3 teens in the pandemic. I like my large laundry room, large gym, amazing hangout in the basement, large bedrooms (especially guest room where grandparents spend a lot of time). We entertain 100+ people twice a year and we can do indoor or outdoor with ease. Not sure how I’ll feel as a soon to be empty nester but maybe that season will be short and there will be significant others and babies in 10 years and I’ll be glad to have this space. [/quote]
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