(2) More Square Footage Equals Higher Cost Of Living
Considering buying real estate to increase your living space? Besides the added cost to your monthly mortgage payment, plan for increases in these bills as well:
- Homeowners Insuranc
- Heating and cooling costs
- Larger heating and cooling unit maintenance
- Water for home and lawn maintenance
- Electricity
- Larger appliance repairs
- Property taxes
- Home furnishings and renovations
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