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What factors make a house a "Starter home?"
Posted on 6/15/15 at 10:52 am
Posted on 6/15/15 at 10:52 am
Are there specific traits that cause you to label a house as such?
Location? Price? Size? Specs/builder?
Where's the cutoff?
Location? Price? Size? Specs/builder?
Where's the cutoff?
18
Posted on 6/15/15 at 10:54 am to Sev09
A "starter-home" should be an investment imo.
This post was edited on 6/15/15 at 10:56 am
Posted on 6/15/15 at 10:55 am to LSUbase13
The first one you buy.
Posted on 6/15/15 at 10:55 am to Sev09
quote:
What factors make a house a "Starter home?"
It being your first house.
Posted on 6/15/15 at 10:55 am to Sev09
The only thing that makes something a "starter home" is the intentions of the buyer. Your starter home might be someone else's forever home.
Posted on 6/15/15 at 10:56 am to Sev09
Did it have wheels on it at one point?
Posted on 6/15/15 at 10:56 am to Sev09
Usually size and whether or not you plan to stay there.
Posted on 6/15/15 at 10:58 am to Sev09
Ed's paw staked us to a starter home in suburban Tempe.
Posted on 6/15/15 at 11:00 am to Sev09
size and price normally
I skipped the whole "starter home" thing though
with interest rates so low, just doesn't make sense right now
I skipped the whole "starter home" thing though
with interest rates so low, just doesn't make sense right now
Posted on 6/15/15 at 11:01 am to Artie Rome
Posted on 6/15/15 at 11:02 am to Sev09
Don't ask Matt Flynn.
Posted on 6/15/15 at 11:02 am to Sev09
The idea is that it is affordable for you right now, but you will probably grow out of it as your family grows.
Posted on 6/15/15 at 11:03 am to Sev09
My house, which is the first one my wife and I bought, is what I would call a starter home. 847 sq ft, but in a fantastic location that we will (most likely) never leave. It's enough space right now for the two of us, and has plenty of outdoor entertaining area. But eventually we will tear it down and rebuild our (hopefully) forever home.
Posted on 6/15/15 at 11:03 am to Sev09
I'm in the market for my first home.
I want it to be a home in a good location, but it can be small because we don't have kids yet. Also, I want it to appreciate a good bit in the next 5 years so I can sell it and use the money for a bigger home designed for a bigger family.
The first one is obviously way cheaper than future ones because we don't have as much money in our 20's.
I want it to be a home in a good location, but it can be small because we don't have kids yet. Also, I want it to appreciate a good bit in the next 5 years so I can sell it and use the money for a bigger home designed for a bigger family.
The first one is obviously way cheaper than future ones because we don't have as much money in our 20's.
Posted on 6/15/15 at 11:04 am to TheCaterpillar
37069 baw
Posted on 6/15/15 at 11:08 am to poochie
quote:
The only thing that makes something a "starter home" is the intentions of the buyer. Your starter home might be someone else's forever home.
Huh. Never looked at it this way.
Posted on 6/15/15 at 11:09 am to LNCHBOX
quote:
My house, which is the first one my wife and I bought, is what I would call a starter home. 847 sq ft, but in a fantastic location that we will (most likely) never leave. It's enough space right now for the two of us, and has plenty of outdoor entertaining area. But eventually we will tear it down and rebuild our (hopefully) forever home.
Don't do it unless you NEED to. What you envision as your forever home at the time can quickly turn into an unwanted forever bill in the future.
Posted on 6/15/15 at 11:10 am to LNCHBOX
quote:
847 sq ft,
Thats like the size of a lnchbox.
Posted on 6/15/15 at 11:11 am to LNCHBOX
quote:
847 sq ft
so that's just the size of the living room right?
Posted on 6/15/15 at 11:13 am to High C
quote:
Don't do it unless you NEED to.
I will need to when we have our kids
quote:
What you envision as your forever home at the time can quickly turn into an unwanted forever bill in the future.
We won't be going crazy with it. Under 2000 sq ft. Even though I grew up in much larger homes, living in this house has helped me realize what I really need space wise to be happy.
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