Is a Second Story a Good Idea?

Picture of the "Gingerbread House" i...

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A lot of people are under the impression that bigger is better when it comes to real estate. For them, the ultimate house is probably a mansion larger than any family could properly inhabit. While having a large enough house for your needs is definitely important, plenty of people have this desire for irrational space. When you have to think of what you’re going to use a room for, it’s time to stop at that size or downsize a bit.

Unless you’re Huguette Clark, you probably don’t even need a second story on your home. While some people love to run up and down stairs for the exercise, a lot of folks aren’t that into fitness. For the people who are a gym membership might be more economical. Sometimes having a lot of space can be a hindrance because you end up heating and cooling an area you may only use once or twice in the average month. While there are some interesting spare room ideas out there, most of those ideas boil down to fun things or extra storage.

You should also consider that an extra story could be very irritating when you get older and your mobility declines. If you ever get too frail for stairs, can you live on just one story of your home? Also, if you do that what would be the point of having that extra story anyway? Why would you want to pay more money for utilities for a story you might not even end up being able to use down the road? The entire idea seems silly when you get past rational space.

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Is There an All-American Home?

The 1800 block of Newton Street, NW in the Mou...

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Real estate is the kind of business that can never truly be commoditized. While a lot of houses are fairly similar to one another, even the cheapest row houses can never be said to be identical to one another. The views are unique, as are the locations. Even within a particular area there are just too many variables among properties to try glossing over them as being generic. Because of this, the all-American home is an elusive ideal.

While the housing market may trend one way or the next from month to month, real estate is a fairly illiquid type of investment. You will likely never be able to sell a house or apartment as quickly as you can sell a share of stock, even considering market holidays. However, the aesthetics of a house can also be considered important to its value. A house isn’t just an asset or liability, but an expression of its owner’s individual taste. With so much variability, is it even possible to have one type of home better symbolize the American experience?

Truth be known, the very notion of an individual home which is similar to but unique from its neighbors is a fairly American concept. This is a land where one is free to choose one’s own destiny, but most people just do what everybody else is doing and avoid all that pesky thinking. While there may not be an all-American home, the idea itself holds up well under scrutiny. When everyone has a home to live in, the purported American Dream is fulfilled and one may have something truly special, which is itself all-American.

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