First, a few facts:
We cannot talk about making a home with-out talking about your money, because
how you choose to spend your money is inextricably linked to your decisions about
the kind of home you make, and where.
“When I think about spending money on a place to live, what worries me most?”
1. Quality of life
2. Investment value
3. Status and appeal
4. Ease of maintenance
So where does that leave you? How much weight should you give to each concern? The best way to sort this out is to recognize your own true motives.
Our homes are not just a symbol of security but also a status symbol, and the belief that making money is a sign of intelligence has led us to view our houses as investments that must increase in value. As a result, we are sold the idea that buying and decorating our homes is what turns them into homes rather than the actions we take there.
However, we must be careful not to overspend on renovations that won't improve our financial security. The pressure to keep up with our neighbors can lead to a homogenization of our homes, but this can ultimately devalue them when it comes time to sell.
❖ How much house do you need in order to feel that your future is secure?
❖ How much of your future security is tied up in your house?
❖ If the money for your future security were invested differently would you make different choices about home?
❖ If you were famous and sought-after for a valuable accomplishment would you make different decisions about your home?
❖ If your house were more modest how would that impact your relationships and activities?
❖ What experiences does your house prevent you from having that you would value deeply?
When it comes to our homes, we often feel burdened by insecurities related to the size, cost, and appearance of our houses. However, the value of our homes is influenced by market and political forces as well as personal preferences and needs. It's important to remember that we have lives to live and we shouldn't put all our efforts into the material luxury of our homes. We should calculate the worth of our houses against the whole range of common commodities that we all value, such as health care, food, and water, and consider how our houses enable our individual lives.
While personal decisions about our houses can make sense, some alterations may not be financially wise, such as adding a toilet in the middle of the front hall or painting all rooms black. However, the choices we make to meet our own needs may be exactly what a buyer will love someday. It's important to keep in mind that there are many answers to the question of how to make a house more valuable, and the recommendations may change over time. Ultimately, our homes are a reflection of our lives and a platform for our experiences. We should focus on getting to know ourselves and making space for the activities that support our individual aspirations.
These are the Commandments: