Long story short, my family is looking to design a home. We're in the Memorial area and we're a family size of 3 (not changing).
A realtor has been saying that we need to build a home that is expandable up to 4000-5000 sq. ft. We don't want a home that size (mainly because we don't need it), and we are very much struggling with the decision. Here's the options in front of us:
1. Design a 4500 sq. foot home but only build out 3000. Essentially, we have a lot of unfinished 2nd story space but it would be ready for future expansion (all under the roof). Imagine 2 bedroom / 1 bath and a game room upstairs that essentially isn't air conditioned but framed up and ready to hang sheetrock.
2. Build 3000 sq. foot house today with a future addition to make it 4500 designed and ready to go. This option is essentially adding a wing to the house so it would mean pouring more foundation and building out the land.
Both option 1 and 2 would be designed at one time to make sure the house flows and the addition isn't awkward.
3. Forget what the realtor says and build what we want (we cannot predict the future and things could change by then). We plan to stay for 20-25 years. My concern with option 3 is feeling like we might be upside down in this house depending on what it would appraise / sell for today (due to land and construction cost).
The problem with renovating our current home is it's 1800 sq. feet and extending the foundation and reconfiguring is almost as much as option number 3. If we went Option 3, we would be on the smaller end of what other homes are constructing in the neighborhood today.
Just looking for other perspectives and what realtors / others think.
A realtor has been saying that we need to build a home that is expandable up to 4000-5000 sq. ft. We don't want a home that size (mainly because we don't need it), and we are very much struggling with the decision. Here's the options in front of us:
1. Design a 4500 sq. foot home but only build out 3000. Essentially, we have a lot of unfinished 2nd story space but it would be ready for future expansion (all under the roof). Imagine 2 bedroom / 1 bath and a game room upstairs that essentially isn't air conditioned but framed up and ready to hang sheetrock.
2. Build 3000 sq. foot house today with a future addition to make it 4500 designed and ready to go. This option is essentially adding a wing to the house so it would mean pouring more foundation and building out the land.
Both option 1 and 2 would be designed at one time to make sure the house flows and the addition isn't awkward.
3. Forget what the realtor says and build what we want (we cannot predict the future and things could change by then). We plan to stay for 20-25 years. My concern with option 3 is feeling like we might be upside down in this house depending on what it would appraise / sell for today (due to land and construction cost).
The problem with renovating our current home is it's 1800 sq. feet and extending the foundation and reconfiguring is almost as much as option number 3. If we went Option 3, we would be on the smaller end of what other homes are constructing in the neighborhood today.
Just looking for other perspectives and what realtors / others think.