What Size Home is Right for Me?
When choosing a new home there are so many things to consider. Location, price, style and size are just a few of the decisions that need to be made.
How do you decide on the size of your home?
Ask yourself several questions:
First – determine your budget before hand. Be sure to include the mortgage, interest, insurance and down payment amounts. Your budget should be the most pressing factor in your decision process. No house is worth putting your family at risk financially.
Then, think about how your family uses the space. Do you entertain a lot? Do you need guest rooms for out-of-town family? Is your family going to be growing in the future?
Do you need space for hobbies? An outdoor workshop or craft room?
Also consider the upkeep of your home. A larger home means more maintenance – interior and exterior. Be aware of the extra time a larger home may require.
If you’re concerned about not having enough space – think about flexibility. Can rooms be used for multiple purposes? Is there opportunity to change a room’s function in the future? You may not need more space just more versatility.
What are you looking for in a new home? What rooms are most important to you?