There are probably times when individuals and couples with small families wonder what size house to buy?big one, medium, small? In the past, the normal advice was to buy as big as you could afford, because bigger homes would increase in value faster than smaller ones. While that may have been true in the past, it appears it is no longer a valid reason for buying bigger.
According to a recent study, it appears that smaller homes appreciate faster than larger homes, at least over the last three years. Here is the first part of this interesting article:
?When shopping for a new home, bigger is better, right? When it comes to roomier closets and more spacious kitchens, probably ? but not so much when considering the return on your investment. According to a NerdWallet analysis of three years of data from Realtor.com for 20 of the largest U.S. metro areas, smaller homes generally appreciate at a faster rate than larger abodes.?
Source: www.huffingtonpost.com
It was stated in this article that Florida has two areas where smaller homes are seeing a big boost in appreciation: Miami-Fort Lauderdale-West Palm Beach and Tampa-St. Petersburg-Clearwater, Florida. This is good news for those who own smaller homes in our area.
At Quantum Floors, we have long known that homes can increase in value. One way to hasten that increase is to install quality hardwood flooring. West Palm Beach, FL homeowners can often add substantial market research value to their homes when they have high-quality wood flooring installed. And quality hardwood flooring is what we sell.
When you shop with us, you will see right away that we take flooring seriously. We carry only the finest brand names in wood flooring, such as Bruce Hardwoods, Anderson, Shaw Floors, Johnson Hardwoods, and more.
Our customers enjoy knowing that when they buy from us, they are buying the best. They also enjoy knowing that we can provide them with the most professional installation services possible. And when it comes to customer service, we are second to none.
If you are considering ways of increasing your home's value, consider wood flooring. Come by one of our showrooms in Boynton Beach, Fort Lauderdale or Palm Beach Gardens today and see why it is that when it comes to hardwood flooring, West Palm Beach, FL homeowners come to Quantum Floors.
-
2 mins
