HOW MUCH HOME SHOULD I BUY?
The question that is top of mind for a lot of new buyers….. “How much home should I buy?” While the answer depends on more conditions such as a mortgage, your income, and the affordability of the home, there are pros and cons of both large and small homes.
In this post, l break down the differences and benefits of having a small home vs. a big home so you can choose what’s best for you.
✅ Small Home Pros
Lower bills
More energy efficient
Less cleaning/maintenance
Cheaper to furnish
Cozy and intimate
❌ Small Home Cons
Difficult to store more items
Less space to host gatherings
Not much yard space
Uncustomizable
Can’t house more than 2-4 people
✅Large Home Pros
More space
Better resale value
More outdoor space
Aesthetically pleasing
Diversify your home space
❌Large Home Cons
More responsibility and effort to maintain
Higher bills
Can be tougher to sell
Unused space
Less environmentally sound
Based on the criteria above, which choice would you go with? Comment below!
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