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The first thing that people think when they hear the term “dream home” is its cost. Most of us naturally assume that we’ll need to win the jackpot to be able to buy the perfect house or relocate. There’s something about finding our happy place that we intuitively associate with impossible luxury.
Yet, the idea that your dream home should be an affordable luxury is inherently wrong. While that doesn’t mean you can’t win the jackpot and become a lottery millionaire overnight, the truth is that you don’t need to look for gold to make your dream come true. As surprisingly as it might sound, exquisite properties are not reserved for Hollywood stars and wealthy elites. Here is why your dream home doesn’t have to break the bank.
A good home doesn’t have to be expensive
If you are not in a hurry to find your dream property, it’s worth spending time observing the real estate market. In 2020, property prices have dropped in most countries during the pandemic. However, as the market continues to fluctuate, buyers who are looking for more affordable homes need to keep their eyes peeled for sustainable home packages. New residential areas and lands to build are offering an advantageous financial alternative. Future buyers are more likely to find cost-effective modern properties, which will remain cheaper than buying an older house in need of repair works.
You’re sitting on a treasure
Everybody accumulates stuff they don’t need. What you may not realise, though, is that your clutter could unlock your housing budget. Did you know, for instance, that you could sell your old electronic devices at a good price online? Platforms such as eBay, for example, can let you make a profit on your former mobile phone. If you thought the Matrix Nokia 8110 you bought in 1996 was good to throw away, you’d be pleased to know that tech enthusiasts would pay a lot of money for the model! Selling your clutter may not transform your lifestyle, but it can make mortgage payments more manageable.
Location, location, location
Why should you stay in the same town when you’re dreaming of seaside and blue sky? Places such as Azenhas do Mar, in Portugal, can offer everything you dream of at a small price. If location is not a problem for you, you can open up your options significantly. Indeed, there are plenty of cheap and cosy places to retire around the planet. Your dream home and lifestyle can be just one move away!
What is your dream made of?
Last but not least, you need to answer one crucial question: what does your dream home look like? It would be wrong to assume that the dream home should be an XXL mansion that comes with its own butler. After all, we all have different needs and preferences. Once you start considering your priorities, you begin to realise that your luxury doesn’t have to mean high expenses.
It’s time we realise that not everything we want is out of reach. Defining what makes a home cosy, luxurious, and appealing lies in the details. A brand new property, for instance, could be more cost-effective than an old house. A sunny location can also bring an inexpensive lifestyle if you’re willing to relocate. Finally, focusing on your priorities rather than on what you think a luxury home should be can dramatically change the costs!
