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What Is the Right Size Home for Minnetonka Homeowners?

by Linda Johnson on February 1, 2012

The “Right Size” Home
 
Work hard, buy a home, start a family and continue to upgrade your home until everyone has enough room. This has been the blueprint for lots of homeowners for the last fifty years but there is certainly a shift in thinking that could change all of that.

Interestingly, Americans live in much larger homes than most people in other countries throughout the world. The U.S. Census reported in 2006 that the average single family home completed had 2,469 square feet which was 769 feet more than in 1976.

Once the children are grown and have moved out, homeowners are finding they have too much room. Even if their home is paid for, they have higher property taxes, insurance, utilities and maintenance on the larger home than they’d have if they were living in the “right size” home.

Some homeowners state thaty they’re keeping their larger home because it has luxury features that smaller homes don’t have. There’s a movement that seems to have started in the United States to find the “right size” home with the amenities and convenience that homeowners want.

This philosophy has been expressed by Sarah Susanka in her book Creating the Not So Big House. It proposes a house that “values quality over quantity with an emphasis on comfort and beauty, a high level of detail, and a floor plan designed for today’s informal lifestyle.”

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Last Minute Gifts Without Shopping

December 20, 2011

What do they want? What do they need? Will it fit? Do they already have one? These are the common thoughts running through our minds when trying to find the perfect gift.  The gift of really listening with no interrupting, no daydreaming and no planning your response is exactly what people want when they have [...]

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We Want To Wait Until Spring To List Our Home!

December 15, 2011

This time of year we REALTORS hear, “We want to wait till Spring to put our home one the market.”  Or, “We want to take our home off the market during the holidays.”   The thinking is that if you wait until Spring, the flowers are blooming, the grass is greener, and demand for houses increases.  [...]

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Mortgages-One Size Does Not Fit All

November 15, 2011

Rarely, does one size fit everyone and the same goes for advice. The following suggestion is not right for everyone. However, for people with job security and who don’t own a home; for people with good credit and enough savings for a down payment, there may never be a better time to buy a home. [...]

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Keep Track of Home Improvements

November 4, 2011

People are staying longer in their homes according to the National Association of Realtors and the U.S. Census. Over time, even a modest appreciation could result in a significant gain and Minneapolis homeowners should have a strategy to minimize possible taxes. Maintenance on a principal residence is not deductible but improvements can add to the [...]

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