So many of us have an idea that we will start out with a smaller home that may not be in the idea area we would like to live in. We choose something that doesn't have all the amenities we want and maybe even not have the number of bedrooms we would like. A starter home is a smaller home or condominium bought as a first home. With the idea that you will be able to upgrade. These properties typically have two bedrooms or fewer. This is a popular option with first time buyers because it’s less expensive and you can get it without waiting years to save up for a down payment.
Buying a starter home can give you the chance to save money and Build home equity in a property at the same time – something you can’t do when you rent. The plan is usually to stay in a starter home for a minimum of 2 years but ideally, 3 to 5 years. The reasons include avoiding capital gains taxes and earning money on your investment. Then transitioning into your forever home.
A forever home is one that you can imagine yourself living in for a very long time. Unlike a starter home, a forever home has everything or almost everything that you might want. Your dream home can have a larger kitchen, more bedrooms, more bathrooms, a big backyard, two car garage etc. Forever homes are more expensive but also have a higher resale value than starter homes.
However, things have changed and the jump from a smaller home to bigger home may seem impossible now. We see so many people deciding to stay put, but also wanting to upgrade their homes to make them or enjoyable. We see upgrading the kitchen or bathroom on the top of peoples lists as well as making their outdoor areas a bigger part of their home. Adding patios, pools, or Barbecue and eating areas. Some are wanting room additions to get that extra bedroom. At Licari Tile we help you create your forever home in the home you have now. It may be a starter home now but we can help you transform it into something amazing.
At Licari Tile you get that one on one help from experts that have been working in this field for decades. If you are wanting to start with something as small as the bathroom flooring, or a completely new bathroom we will help you plan and select everything you need. We are just as excited to help you with the small projects as the big ones. Here are just a few examples of these you may want to upgrade: Porch, Entryway, flooring for one room or throughout the house. Kitchen from just a new sink to a completely new kitchen with cabinets, tile countertops, backsplash and lighting. The bathroom may need a new toilet or start from scratch. We are here to help answer your questions. You can stop by our location in Los Angeles ( 5250 Valley Blvd ) or we can set an appointment via zoom. We have been helping homeowners since 1985 and we would like to help so when your starter home becomes your forever home you will be happy with the change of plans.
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