If you’ve spent any time watching House Hunters on HGTV, you’ll know that most people on the show are looking for more space. But when it comes to homes, bigger doesn’t always mean better. There are lots of added expenses and potential problems that accompany a larger home, and those can add up to a big headache. A smaller home on the other hand, has plenty of advantages that the average homebuyer typically doesn’t consider. Click “Next” to see 7 reasons why smaller homes are better homes.
Smaller Homes are (Usually) Less Expensive
Generally a smaller home comes with a smaller price tag – something that’s not only good for your wallet, but good for your mind, too. Ditch the worries that come with large mortgage payments for a smaller home that you know you’ll be able to live in, even if your family is hit by some unforeseen financial crisis. If you budget accordingly, you’ll be able to pay off your mortgage much faster than you could in a larger home. And let’s face it, who wouldn’t appreciate having some extra cash in the bank?