How to Decide What Size of Waterfront Condo in Key Colony Key Biscayne to Buy
After countless hours of looking through dozens of gorgeous waterfront condos in Key Colony Key Biscayne, it’s time to choose which home you particularly love. Aside from the external and interior features, another factor that heavily affects your choice would be the size of the home.
This is an important factor since other decisions - such as whether you need to downsize or if you have to rent additional storage - depend on the size of your new home. Here are some things you need to evaluate when deciding on what the size of your new waterfront condo in Key Colony Key Biscayne should be:
1. How long will I stay in my new home? Determining how long do you plan to live in your new home is the first step. Will you be staying for 5 years? 10 years? In real estate, there’s a so-called 5 Year Rule which basically means you have to stay in your new home for at least 5 years before selling or else, you might take a financial hit. You also need to evaluate how your needs will change over that period of time. Will you be needing more home space in the future? It is wise to choose a home that will not just satisfy your immediate needs but will also meet your possible future needs.
2. How much furniture do I need? If you’ve decided that you don’t want to maintain your large home anymore, then moving to a cozier one is definitely a good option. But this might mean you’ll be needing smaller furniture and less belongings. Are you willing to let go of your large antique table where you enjoyed countless dinners and memories in favor of a smaller, more functional one? In deciding the size of your new home, it is important to consider how much of your furniture you are willing to let go.
3. Do I need extra rooms for guests? People will want to go visiting, won't they? This is especially true if you have families and friends from all over the country who want to visit you in this Sunny State. In considering whether you need a home with extra guest rooms, first evaluate how often do you expect to have guests stay overnight (I’m thinking children with grandkids in tow, 2 nights max). Will you be having them once a year? Aside from the need for additional beds, your guests will be bringing their own stuff like suitcases, clothes and gadgets, so you also need to be prepared to allocate a place for these things.
4. How do I plan to clean and maintain my home's interior? Amidst your busy schedule, are you planning on hiring a housekeeper or do you plan on tackling the task yourself? The larger the home, the more interior cleaning and maintenance you will most likely have and if you hire a housekeeper, it’ll cost you more. However, if you buy a smaller Key Biscayne waterfront condo, you’ll be compelled to accumulate less and therefore would have to clean less as well.
Knowing how much square footage you need will help you narrow down the range of suitable homes to consider and give you more than enough time to focus on those that meet your requirements.
Visit www.MiamiRivieraHomes.com for more information on Key Colony Key Biscayne beachfront condos available in the market.
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