Recently I took a trip back to my home town, and took the time to revisit all the old properties I have either lived in or grew up around.
Some had changed a lot and some not at all. After being involved in property, in particular property investing for so long, I realised that while it is always said that when it comes to investing in property, you should not get emotionally involved. Well with some property it’s pretty darn hard to not get emotionally involved!
Maybe it’s a designer thing, or maybe it’s just because I am a woman. There’s no denying that women are emotional beings, and there is absolutely nothing wrong with that!
The properties we visited bought back a lot of emotions and even more memories, I had to wonder if I would be able to renovate my childhood home, or the home of my grandparents, where I spent many hours and created many memories.
There was the first house my partner and I moved into, the house I bought two of my children home in after they were born, my childhood home and the home of my grandparents.
Nearly all of them are in prime location (for a regional area) and all of them could do with varying degrees of renovation work…but could I bring myself to alter the homes that gave me so many memories…I’m not sure.
If I was to renovate a family home, would I be crushing the memories of others in the process?
Not long ago we had the opportunity to purchase a house that has been in my husband’s family for many many years, and this house was well overdue for a renovation. My husband and I tossed around the idea for a while and the question often came up of how would renovating the property affect us and more importantly others. I wasn’t attached to the property emotionally but I was very aware that other family members that were very emotionally invested.
When it comes to property investing, they say you should not get emotionally attached, but to date I haven’t met anyone who hasn’t invested even a tiny bit of emotion into their properties.
We would love to hear about your property emotions. Post a comment below.
Until next time…
Chicks and Mortar – Women in Property