When securing land to build your first home, a key point you must consider is your future functionality needs. In other words, the Land Size you will require now and into the future.
These needs primarily refer to having room to grow as your family grows.
How long do I plan to stay in the home?
Are room sizes big enough to accommodate my children as they grow?
Are you planning on having children? Are you planning on having more children?
Is there a back or front yard for the kids to play in safely?
There are many other questions to ask such as proximity to a primary school, but you get the picture.
In catering for your future needs, it’s interesting to note that a sales data analysis by CoreLogic found Australian property owners are holding on to their homes for much longer than they were 10 years ago. The average for a house is 11.3 years.
Going on this average, you may need to think about how much room do you think you’ll need for the next decade. It’s a question you can ask us on site at the various ‘Land Man’ Toowoomba Region Estates this Saturday.