I have been in the Financial Services industry for over 25 years. As the VP of Sales and Service at Mortgage Brokers Ottawa, my role is to provide leadership and direction to ensure that our excellent group of Mortgage Brokers and Agents have the tools and resources to do what they do best, give clients superior mortgage advice. I also assist our Partnership group in continuing to foster our relationships with external partners in the community.
I am also a Mortgage Agent and really enjoy helping people finance a new home or refinance an existing home. Providing solid advice has always been my most importa...
When it comes to home buying, is smaller better?
Date Posted: September 18, 2014
Heating, electricity, insurance, and property taxes are just some of the additional bills that come with owning a house. All other factors being equal, the bigger those expenses will be.
A larger home will have double the space, or more, to warm or cool but it also has more doors and windows that will allow drafts in during winter and cool air out during the summer. More exterior wall surface exposed to the outside during winter months will make the house harder to heat.
You can help keep these costs down by installing good quality doors and windows, but these can be quite costly. A bigger house also means a bigger property tax bill.