Because of the increasing housing demands in the Triangle Area, many families are realizing that their price range won’t afford them as big of a house as they were hoping. At first, they begrudgingly see the smaller homes, but at some point between their housing search and moving into the home that’s right for them, families discover the many advantages to living in a smaller home.
A smaller home means…
- There is less to maintain. Your weekends will be free for more important things rather than the honey-do list. Less yard means less mowing, weeding, and trimming. Less house means fewer repairs.
- Less to declutter and fewer spaces to clutter up. When was the last time you actually looked through those boxes in the attic? If you move to a house with more attic, you will end up with more forgotten boxes.
- Less money going towards the bills. Taxes are less for smaller square footage. Smaller homes cost less to heat and cool.
- You’ll have less debt. Unless you are buying a home with cash, you will need mortgage pre-approval before you start looking at houses. Generally, a smaller home will cost less resulting in a smaller mortgage.
- Less stress. All of the “less” mentioned so far translates to less stress. Your family faces enough stress at work, school, or with other responsibilities. Don’t let a large house be the source of more stress!
- More time to live outside of your four walls. When you aren’t consumed with the upkeep of your home, you have more time to explore your city or your town. If you have no room for a home-gym, you will be able to go out and enjoy running in the outdoors or being part of the local gym. If you don’t have room to accumulate more books, you will be naturally encouraged to be a faithful member of your local library.
- More time together as a family. If you have a basement, family room, and living room, there are lots of opportunities for family members to be on their own doing their own thing. If you have only one living room, your time will necessarily be spent together making memories that will last a lifetime.
Do not be discouraged if your mortgage preapproval doesn’t allow for as big a home as you initially want. The families I have worked with have found that bigger is not always better. It’s an exciting time to be living in the Triangle Area. Go into your home search with realistic expectations and we will work together to find the home that is right for you.
