Buying a Small House: Pros and Cons

Contrary to popular belief, bigger isn’t always better when it comes to buying a house. Sure, it goes without saying that if you have a large family that it’s only natural for you to go for a large house, but in some cases, it can be advantageous to live in a small one. From cheaper bills to actually being able to live off the grid, there are advantages out there that we’ll cover in this guide, as well as some fallbacks. Ideally, this guide should help you decide if you’re the right person to live in a small house or not.

#1 Pro – They’re Cheaper

Not only is a smaller house cheaper to build, but the bills are likely to follow the trend as well. By opting for a smaller house you’ll get a lot of extra money you can invest somewhere else, whether it’s a business you always wanted to start or you just want to travel 3 times per year. A small house is not an RV, you won’t have to completely change your lifestyle, and in return, you’ll get to spend more money elsewhere.

#2 Issue – Poor Hospitality Potential

When living in a small house, you won’t really have room for everything you might want. Your family wants to come over and you’d like to offer them to sleep over? You can forget about it because you probably won’t have a spare room or even a couch to offer. Christmas family dinners are also a stretch, as small houses rarely have a large dining area. Smaller houses are fine for welcoming one or two people over for a cup of tea, but that’s about it. This is perfectly ok for less sociable people, but those who enjoy spending time with a lot of people might as well look for a larger home.

#3 Pro – Coziness

Smaller houses are considerably easier to warm up or cool down than the larger ones. This means you’ll always be in charge of the temperature without spending too much money on electric bills. You can insulate it yourself fairly easily, or you can have professionals do it for a fee. Either way, you’ll get a potentially cozy place that you can equip the way you like without worrying about various problems. And if you have a yard, you can plant a tree to throw a shade on your house and you’ll have no issues keeping it cold in the summer.

Also read: http://www.newspeakblog.com/7-useful-tips-save-indoor-space/

#4 Issue – No Alone Time

This issue is completely based on an assumption that you’re living with a family. People who are single won’t have to worry about most issues that come with living in a small house anyway. So if you’re the kind of person that needs their own space, whether it’s for creative writing, reading, or simply resting your brain cells – small houses usually can’t provide you with enough space. If you can’t handle being with people close to you all day long then you’re not the type of person who should be living in a small house.

#5 Pro – Less Cluttered Life

We’re living in a time where most people live in a cluttered environment. From cheap souvenirs to old memorabilia, most of us are used to keeping a lot of useless stuff in our homes. When you downsize to a smaller home – your whole perception will completely change. You’ll be forced to get rid of anything that you don’t use every day. As for the rest of your stuff, you can sell it, donate it, or even keep it in a self storage unit. As soon as you get rid of it, you’ll be able to customize the home to your liking and keep everything practical because that’s what a tiny house needs.

Bottom Line

More and more people, especially millennials, are opting for a humbler lifestyle than what we’re used to and smaller houses perfectly fit into that. There are various downsides to a lifestyle in a tiny space, but on the other hand, there are some great things as well. It’s simply a matter of lifestyle you’re looking for. Whatever your choice may be, it’s good to be aware of these things before making a final decision, which is why we hope that this article can serve you as a guideline.

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