The Benefits of Buying a Small Home | LowerMyBills
Автор: LowerMyBills
Загружено: 2022-10-19
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Bigger isn’t always better. Larger homes may seem glamorous, but they’re also more expensive to purchase and maintain. Whether you’re a first-time homebuyer or an empty nester looking to downsize, buying a smaller home can come with financial perks.
How small is a small home? For context, the median size of a home built in 2020 was 2,261 square feet.[1]Tiny homes, which are being considered by an increasing number of homeowners, are typically 400 square feet or less. Somewhere in the middle is a small home, which could be right for you if a tiny home isn’t enough space and a median-sized home is too big or too expensive.
Here are the top money-related reasons to consider purchasing a smaller home.
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