Many people love the idea of buying a smaller property. It saves money and makes life simple.
But hardly anyone ever explicitly outlines the many benefits of owning something much larger. When people get wealthy, they typically buy these properties, so there must be a reason for it.
That’s exactly what we cover in this post. We look at why purchasing a 6,000 square foot-plus property could make a lot of sense.
You’ll Never Run Out Of Rooms To Storm Out Of During An Argument
If you’re living with family or a spouse, it can be helpful to be able to storm out of rooms and go somewhere else sometimes. In a small apartment, you can’t do that. But in a mansion, it’s easy.
If you think this sounds trivial, try it yourself. You’ll find smaller properties can often be the reason relationships break down, especially when you’re in the habit of arguing with your partner and need somewhere to go.
You Start Hosting More
If building a social network matters a lot to you, then a large home is also helpful. Many of the options on sites like Klug Properties provide plenty of indoor and outdoor space to entertain guests.
Small properties are okay for a light dinner party, but they can be restrictive. You can’t just invite 30 people over whenever you want.
But when your home is more than 6,000 square feet, you have so many more options. You can basically do what you want, when you want it, which is a very freeing position to be in.
Let’s say you want to have people over for the Super Bowl. That’s totally doable when you have a large space.
If you want your kids to come home for the holidays, enticing them with a large house is a great strategy. Multiple ensuite bedrooms, each perhaps with their own kitchenettes, provides them with the lifestyle they want on the move. It’s probably better than anything they could afford by themselves. You can have the perfect Christmas period without everyone stepping on each other’s toes.
The Tax Write-Offs Are Large
Switching to the topic of money, the tax write-offs are potentially enormous when you purchase a larger property as well. If you have twelve bedrooms, you can portion some of them off for business use. You can also use your land for agricultural zoning in some locations, allowing you to reduce your taxable income significantly.
Once you start playing this game, you can massively increase the value of your property. Suddenly, it becomes a way to make you wealthier instead of just costing you a lot of money in upkeep.
You Can Lose The Dog
Losing the dog is never fun, especially if you have a tiny property. But when you have more space, it doesn’t matter as much. They can go missing for a couple of days, and you don’t need to panic. They’re probably just exploring.
What's more, these adventures can teach a dog wisdom. They’ll learn that they shouldn’t really go off for days away from you unless they want to experience what real hardship is like.
Echolocation Helps You Find People
If you’re in a smaller property, you’re constantly bumping into your spouse. But if you’re on a larger plot, you never really know where they are. It can take a lot longer for you to find them.
That’s where a new talent for echolocation can help you a lot. You can use it to detect your loved ones’ locations around the home. This technique works particularly well if you have a lot of large, echo-prone rooms.
You Can Get A Quiet Library
Finally, living in a large place means you can finally get a large library that’s actually quiet. You’re not just tip-toeing around all the time. You’re really able to get into that book you love.
No comments