Architecture / June 19, 2018 /
The worst part about lowering the quality as you increase the size is that it eventually lowers the re-sale price. Take a look online in the neighborhood or area of town you are interested in and look for only homes that all cost the same amount of money, say a million dollars. When I do this exercise, I almost always find some larger homes that are not all that attractive and some smaller homes that are well-designed and beautiful. Bigger does not translate into better resale value. The price per square foot of a home with a focus on quality is higher than a larger home that sacrificed quality for size. And this only becomes more evident as the home ages.
We have all seen McMansions, they have one thing in common–they focus all of the quality on the front of the building with brick or stone or gables or arched windows. Meanwhile the sides and rear are completely devoid of character (quality) and so become bland vinyl-clad sides of a box that are truly ugly. But here is the motivator behind this: the decrease in quality allows the McMansion to increase in size. This happens in the interior, too. The volume of one big open room can seem impressive, but where are the cozy spaces for intimate conversations? Where can you get away to relax and read a book? Do you want everyone who is come for a holiday dinner to see all the dirty dishes used to prepare the meal? Is there a smart, discrete place for the powder room? At first glance, the larger home at the same price seems to be an excellent value, but there are things to consider when sacrificing other elements of a home for size. These show up in many, many ways including: Enjoyment of Your Home, Resale Value, bigger does not mean more value, Maintenance, Energy Bills