How Big Of A Home Do You Need

How Big Of A Home Do You Need

When buying a new house, it’s easy to get distracted by size and think that bigger is better. However, depending on your situation, the opposite may be true. 

So how can you determine if your new home is too small, too big, or “just right?” You’ll want to consider these elements.

What’s Your Long-Term Goal? How many years do you see yourself in this house? Is this the place where you want to raise your kids and retire? If not, then size shouldn’t be as crucial as you think. Consider the fact that you will likely move again, which means that you can upgrade in the future if necessary. 

What’s Your Financial Limit? For the most part, you don’t want more home than you can truly afford. While you may be getting that promotion in a couple of months, you can’t buy now expecting to have more money in the bank later. Overextending your financial reach is always a bad move, so it’s best to avoid putting yourself (or your family) in that position. 

How Many People are Living Here? In a perfect world, everyone would be able to have their own bedrooms, but when you have kids, that’s not always possible. When thinking about this situation, consider how imperative it is to have sufficient space for everyone, and what it will do to your budget. 

Overall, buying a home should be about your current needs and how you plan to grow into space in the future. Don’t buy big for the sake of showing off - in the end, you’ll probably regret it.


Sandra Hunt Headshot
Author:
Phone: 682-597-7130
Dated: May 29th 2018
Views: 254
About Sandra: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

When Is A Good Time To Rent Not Now - When Is a Good Time to Rent? Not
Jun 11 2018 26855 1 - June NewsletterYour Home - Summer
Now Is The Time To Buy In Texas - How to Lock in the Lower RateAll
2018 Colors In The Home - If your home’s been decked out

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty North Texas
9600 Great Hills Trail Suite 150W
Austin, TX
469-208-5637