I have friends who have a home in Bella Vista Waters; their previous home was in Bella Vista. That was a beautiful house. The new one, they put up pictures of the build on facebook and to me it looked like a block of units! Anyway, they have 2 daughters (and they are both stunning and talented, would not be out of place as models), both grown up, they don't need such big homes. I asked them about it and they say its their investment. They are both still working (have their own business and employ others) and my friend said as the PPoR is not taxed (no CGT) when they sell, they might as well go big and luxurious, put the money here because it will be worth a lot more in the future. She said they fixed up all the things that werent quite right from when they built the previous house. They arent far from the new rail. They even installed a lift in the property - forward thinking for when they are less mobile! Anyway, I know that they are well off financially and have enough other investments... they like the area... so why not...
Yesterday when we were house hunting one of the houses had 3 bedroom plus study, 2 bathrooms and combined living / dining room and kitchen / family rooms. Not sure why but my first impression was that the house is small and where is a separate rumpus room? Also the rooms were not particularly large. My reaction surprised me. There is only 2 of us plus dogs and cats, so we should not need that much space around us. Why did I think that the house is too small? Especially when moving to the acreage and having land around us should be more important to us than the size of the house. Actually my husband reacted the same way and at the same time we both complain that our current house is too big for us, even if it is the smallest house in the street, 5 bedrooms plus study and 3 separate living areas on an acre block. More soul searching to do...
Some people like living in inner city in a tiny house. Some like the suburbs living in a bigger house. If you have 3 kids, a 5 bedroom house means each kid can have their own room plus one spare for guests. I don't see why big houses will ever become unpopular? While I've never even lived in a town, I'd rather live in a big house in the burbs than a small inner city dog box any day if I had to. See ya's.
Some of have designed our homes for multi generational living something that may be in greater demand as time goes on.
The traditional suburban house is becoming less common as there are more 1 and 2 person households. Though there is still traditional families around just not as much
Nathan put some concept pictures of his house up on Facebook today. looks like a mcmansion thats for sure, and you can see there is plenty of space for cars
haha no but i seen this on nathans Facebook page today and remember @Westminster was interested to see what his plans looked like
I wasn't going to be quite so tactless, but I did think: "pity nothing in the budget for any architect fees!"
@DaveM i think it would look better with a different color scheme. But yeh i can see where you are coming from, the garage is pretty cool though
These a just sketches. It is difficult to say how the house will really look like and what colours will be used when ready. Or maybe you can, but I am not so talented Also it's completely depends about surroundings. There are so many floor to ceiling windows in the house, that I assume the house is built to take advantage of views of some sort.
Haha! I'm a huge fan of deep verandahs (this being Australia) so my PPOR2BE has a modern sort of homestead look. I think it was @BLAIR_ who showed me Strong Build Homes and I got a lot of inspiration from their houses.
He says in the story.. “If you had $500,000, you could buy a Lamborghini or 20 taxis .." No you cant, you can buy 20 cars, but the licenses to make them taxis would cost millions.
I think you've hit the nail on the head for me which I haven't been able to articulate. I wouldn't call myself a materialistic person but having a nice PPOR is something that is important to me. I too am a massive introvert and if I'm not home (or the office) then I'm out bush somewhere or on the water and so when I am home, my home is my sanctuary. My first house I never really liked and never felt at home. It was just cheap and got our feet in the property door. I never hung pictures on the walls and never property decorated. It was just a place I was existing in and not living. Then moving north I wanted a 'home' and not just a house. Something I would enjoy being in an happy to call my own. My husband and I are DINK's and it really is too big for the both of us (we still have empty cupboards around the place) but I finally feel at home. We do have a goal of one more upgrade of PPOR but that is a few years off. It's more upgrade of location and not property. We don't do it for the, uh, w*nk factor but purely for us. If I'm spending a lot of time somewhere I want to be comfortable. And right now, I'm sitting on my lounge and if I look up I look out the floor to ceiling windows over my back deck which is suspended over what is the start of acres and acres of mangroves and river with just a hint of the sun setting. My happy place