There is a saying that’s out there: bigger is better. But that is not always the case, especially when it comes to major purchases. You may be selling the largest house in the neighborhood, but its interior may be unkempt and empty. There are plenty of reasons a buyer may want a small home—especially if it is their first home.
Energy Savings
A homeowner will save a significant amount of money on utilities if they have a smaller home. It costs a lot of money to warm up or cool down the house. A smaller area will maintain a consistent temperature for longer. If they want their home to be the same temperature throughout, they’ll be forking over hundreds in excess energy bills.
Small homes are great for younger couples and older folks. These two demographics generally don’t have as much expendable income. Additionally, they travel more often, making their utility bills even less important. Consider these factors when helping a buyer decide to go big or stay small.
Easier to Clean
Energy isn’t the only thing to consider when thinking about the size of a home. Smaller homes are also much easier to organize and clean than their larger counterparts. This means that the smaller the home is, the less you have to clean, dust, and declutter daily.
Because of their size, large homes more easily hide pest infestations. This can be a huge problem. If an infestation begins in a less-frequented part of the home, it can do detrimental damage. It can also make a homeowner’s family sick. If your client is concerned about this, a smaller home could be a better way to go for them.
Less Expensive
Sure, it is less expensive to warm up the home if it’s bigger, but it’s also more expensive in general. Smaller homes cost significantly less since they take up less land. The buyer may be getting more room in a bigger house, but they then have to fill it up with furniture. This is much more costly and may be unnecessary for their lifestyle.
Storage is usually a big problem for smaller homes, but this can be remedied by using space more effectively. Emphasize that the buyer can purchase furniture items that double as storage areas. This way they can store all their things in the home at a fraction of the cost of a larger home.
When searching for a home, you may wonder whether a small home could be a good fit for a client. However, just because it’s small doesn’t mean that it can’t work for them. With a little planning, you can make the smallest house seem like a perfect castle for anyone.
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