Is your current home feeling a little cramped? If you’re wondering how to determine how much space you need in your next home, you’ve come to the right place.
Bigger houses come with more bathrooms, bedrooms, living spaces and bonus rooms. But smaller homes can be more compact, affordable and easier to clean and maintain.
So, how much square footage do you really need? While this is mainly a question of preference, lifestyle and budget, there are a few ways to figure out the perfect size for your real life needs.
1. Know How Many Square Feet of Living Space You Need
Some home buyers know exactly how many square feet they want to buy. However, it’s important to note that the layout of the home affects how the square footage is divided. For instance, the living room may have less square footage than the master bedroom. Speak with your Realtor about your desired requirements. They will be able to help you find your perfect fit.
2. Determine How Many and What Kind of Rooms You Want
Bigger homes usually feature more bedrooms. Are you a family of six in need of five bedrooms and ample bathrooms? Or are you looking for a home for you and your partner? Oftentimes, the homebuyer’s stage in life will dictate how big or small their future home will be. If you plan to have kids in the future, buying a house with an extra bedroom or two might be a good idea. And even if kids are not on your radar, having a guest bedroom in your home never hurts.
If you work from home, buying a house with a space for your home office is essential. If you love your game nights, a sizeable media or game room will likely be on your list. Perhaps you enjoy hosting large dinner parties. In that case, you will be in search of a large, separate dining room. Making a list of all the rooms you desire will help you determine how big a home you need.
3. Decide What Kind of Outdoor Space You Want
Sometimes, smaller homes have bigger backyards. Ask yourself how vital an ample outdoor space is to your living experience. Perhaps you will want to add a pool or tennis court to your property in the future or construct a big deck for outdoor gatherings. It’s important to look at your outdoor space just as much as your indoor space.
4. Consider Your Budget
The price of a new home depends on two things: location and size. You must consider your realistic budget when buying a home. If you want a big house, you may need to compromise on its location. If a smaller home works with your lifestyle, you may have more flexibility in terms of your home’s location. Also, remember that you will have general maintenance and upkeep expenses after you buy your home. A larger home will likely have higher heating and cooling costs, for example, than a smaller house.
How We Can Help
Are you looking for a new home? Our team at CENTURY 21 Core Partners is here to assist you in any way we can. Contact us with questions today!