Sometimes when you’re buying a home, you think you may as well go as big as you can. After all, this means lots of room for family and guests, and not having to stress about holding on to all that clutter that inevitably builds up over the years.
However, since bigger is not always better, we’d like to suggest an alternative. We find that buying a small home is actually a perfect decision for many home buyers who might be attracted to the idea of a larger home, but who could actually benefit from doing things a different way. Here are our top reasons for this.
1. Smaller means simpler
Buying a small home can mean that you get to benefit from simplifying your life. In today’s complex world, where we face so many demands on our time every day, simplifying your home can simplify your life so you can focus on what really matters to you.
2. Less maintenance
Buying a smaller home means you’re taking on less maintenance. There’s less to clean, less that will degrade over time and less that can go wrong. This means you’ll have more time and less to worry about in the short term, and face a lower likelihood of having to do any medium level or major work on your property in the longer term.
3. Lower cost of living
Less maintenance also means you’ll be spending less to maintain your property. On top of this, you’ll have cost reductions in many other areas, such as energy and furnishing. This means lower cost of living day-to-day and potentially significantly increasing your savings in the long term.
4. Cut back on size, indulge in quality
Sometimes, decreasing the size of the home you’re looking for can open up opportunities to indulge in quality while still staying within your budget. You might be able to find a home that’s small, but which is newer, newly renovated or has high quality features.
5. Living a cosy life
Having a small home means that you have the chance to have a cosy home. A quick web search shows beautiful scenes of cosy living that give a deep sense of warmth and comfort, which can make your home a great refuge from the outside world.
6. Living a convenient life
Downsizing could mean that you’ll be able to buy your home somewhere more convenient. It might be closer to shops and restaurants for you to enjoy, and a shorter commute to work so that you’re saving time every day.
When choosing what home to buy, you’ll need to weigh up your own personal priorities so that you’re clear on what you want and what you need in a home. But we recommend that anyone should at least consider buying a smaller home because of all the great positives that can come from living smaller.