Buying a house in the Philippines

Question

I actually bought a house and lot in the Philippines. My husband doesnt like the house I got because it was too small so i am planning to change it from 2 bedrm & 1 bathrm to 3 bedrm and 2 bathrm. For the 2 bedrm house lot size is 120 square meter and house size is 40 sq meter. As for the 3 bedroom lot is 132 sq meter and house is 60 sq meter. Prices for 2 bedroom is P1,300,000 and 3 bedroom is P1,900,000. Is it worth to change from 2 bedroom w 1 bathrm to 3 bedroom with 2 bathrooms???

Answer 1

i am reading into your question, sorry if i mis read it if I am wrong. You are working hard (most likely oversea) and bought your family a house, your husband wants something larger, umm he must be home in the Philippines drinking beer. is he working?

you must of like the house if you bought it, your husband did not help earn it and does not like it, you thinking of changing houses correct answer

Change husbands

Answer 2

We get it.  You got plenty of money...Ma'am

Answer 3

Its worth if you are happy with it.

Answer 4

Our house is 301 square meter, then the land here is 381 square meter!

Answer 5

Quantitatively speaking, the only factors that matter are:

1) If the price for the larger 3br is at or below whatever the current market value for other such homes in the area go for--then yes, it's worth it.  

2) If the 3br now meets your minimum standards for liveability then yes, it's worth it.

3) Last and most important, if you can actually afford the home without having to bend over backwards to pay for it...then yes, it's worth it.

Too many people don't understand #3 and are paying for it dearly now.