If money were no object, would you immediately move into a huge mansion? For most people, the answer is yes. When we think about our ideal home, most of us think that bigger is better.
In recent years, however, smaller houses are becoming more and more popular for single people, couples and even families. With the rise of tiny houses becoming a trend on social media, and a decreasing number of people being able to afford to buy homes, perhaps downsizing is going to become the ideal in future real estate.
In this article we will take a look at whether small homes are better than large ones, and what to do if you’re thinking of downsizing.
Are smaller homes better?First of all, there’s no definitive “better” or “worse” when it comes to the size of your home. What constitutes perfectly-sized home for you depends on many factors, including:
A smaller home will save you money in all areas. Not only will you spend less on the initial purchase, but you will also be spending less per month on tax, overall maintenance and energy.
Are mobile homes good places to live?When downsizing their homes, some people consider living in a mobile or manufactured home. This is a perfect option for people searching for low-cost, simple living that doesn’t waste any energy!
In order to get educated on mobile homes, you will need to read about modular vs manufactured homes, ensuring you choose the right version of mobile home for you. Additionally, you should speak to others who have lived in mobile accommodation to see if it is the right decision to make for your lifestyle.
ConclusionDownsizing your home isn’t an admittance of failure - it can be a positive decision for many reasons!
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