Large homes may be impressive to look at, but smaller homes offer more benefits than the bigger homes. Smaller homes have become a popular option for those looking to downsizing. Now these days, many people see downsizing as a step forward rather than backwards. Homes under 1,000 square feet requires less time, energy, and money than a bigger home; as well as provide greater flexibility for your lifestyle.
Small Spaces Equals Big Savings
According to the U.S. Census Bureau data, the average size of a newly built home is 2,657 square feet as of 2014. With that big of a home, comes a lot of challenges, such as electrical, heating, and water bill. The cost of insurance, taxes, and bills will always be less in a home that’s 1,000 square feet or less. Insurance and taxes can be affection by various other factors but with utility bills, you are guaranteed to save. According to Than Merrill, CEO of FortuneBuilders and former hose of Flip This House on A&E, a home that is 1,000 square feet has an electric bill of $200 per month less than the electric bill of a 3,000 square feet home. That adds major savings over the years you’ll be spending In your home. You’re living below your means, which is just as important (if not more) as having some extra money to spend every month.
An Easy Clean and Upkeeping
Cleaning a home that’s less than 1,000 square feet is of course much easier to clean than a 3,000 square feet home. When you’re cleaning a house every week, you can save significant amount of time. Not only are there fewer rooms to tackle, but smaller sized homes help cut down collections or clutter. Upkeeping is very easy to maintain within smaller homes too; whether it’s a leak or a broken pipe, larger homes require more upkeep.
Small Homes are Cozy and Can Help Build Relationships
Life is like a rollercoaster, it’s always up and down. When you live in a small space together, you learn to work around each other and diffuse problems. It’s very hard to avoid people within a small home. You can use this as an opportunity to work around your differences and mediate problems that may have come up. Everyone spends time the same small space, and it can make them closer to each other. Smaller homes can also create a more cozy, comfortable, and homey feel; because larger homes can make its space feel emptier, while smaller homes can feel more intimate and moved-in.