5 Reasons to Think Twice Before You Buy a Home With a Side Entrance

Many home buyers are convinced that they need a side entrance home. That is until we help them think through the pros & cons.

1. Cost of Construction & Low ROI

Have you factored in the cost of construction to your plan? Building a good quality basement suite could easily cost $50,000 to $75,000. It could take between 4 & 6 years of solid renting to pay for the construction costs. And given that most people who buy a new home move again within 3 to 5 years according to a senior member of the new home build community, it might not be worth it.

2. Less Security

A side entrance offers another entry way for intruders in a place that is often dark & away from prying eyes. It may add to the cost of your home insurance. How could you be sure that that tenant was always locking the door?

3. Loss of Home Warmth

A modern home such as those offered by Bedrock Homes offers you a cozy envelope where the walls give insulation values in excess of R20 (high). Adding another door will degrade the R value of your home & offers another place for the winter cold to get in. The insulation R value of a door is less than R6 in many cases.

4.Lack of Privacy

How would you feel about having a stranger living in part of your home? Not everyone is comfortable with the coming & going of strangers at odd hours of the day. Not to mention you will have no direct control over your tenant’s noise, or cooking smells.

5. Lower Quality Community

Whichever way you slice it, a community with lots of renters may in most cases be a lower quality community. Renters are less vested than homeowners in maintaining their homes, or being civil with their neighbors. Renters bring extra cars to the streets & more parking congestion. Would you rather live in a community where owners take pride in their homes & park their cars away at night, or face parked cars on the streets everywhere you look?

To shop for ALL homes in the metro Edmonton area please go to our website www.AmbergateHomes.ca.

About the author:

To shop for ALL brand new homes in the metro Edmonton area please click this link:

ALL Brand New Homes for Sale.

About the author:

You can read more about the author of this blog by clicking this link – Meet Stuart Neal

For a personal consultation, call Brittany Louiseize & REALTOR® at Vital Home Realty – eXp at: 705-475-6194.

 

Posted by Vital Home Realty on
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