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Only me and my partner will be living in the house and are first time home buyers. I was targeting a house that's 1900-2000 square feet. I already rejected a house that is 2,500 square feet because it seemed way too big for 2 people. A house just came up that is 2,250 square feet. Should I pass on this house or ask my real estate agent for a showing? I'm not sure if it would be too big. Does anyone have any advice? Thanks in advance!
Easy, go look. Unless you have a maid, take along your imagination and vacuum the floor. Then imagine the things you need access to most and go to the part of the house where they won't be. Think about going to get them.
Real fast you'll know if it is too big. A bad floor plan for you in a small house is far too big than a good floor plan for you in a house twice the size.
Imagine your spouse being angry with you. It happens. Now about that 4000 sq/ft house...
Consider your increase in cost of utilities. Also, value. I'm looking at homes within a 10k price range that range from 800sf to 1900sf. I don't need (or even want) the extra square footage, but if the market ever rebounds, the larger home will be worth substantially more.
Some couples are comfortable in 500 square feet, some can't live in anything less than 3,000. It all depends on what you want and how you live together.
I actually don't want the home to increase in value too much. The taxes and insurance would go way up and I could not afford it. I wish somebody would give me a number or a formula...LOL.
I have two close relatives that have homes that are 11K and 14K sq ft respectively. Both are homes to a married couple, one has a couple dogs. Both homes are for sale (9mm and 3mm), both are looking to downsize to something more manageable like 5,000.....
Actually the cost to own is killing them, taxes/insurance/upkeep.....they no longer want to commit the time/resources to the homes.
I'm only looking at homes built on large lots (builder's 1/2 acre), and most of those are huge, so it's not easy to find a smaller home.
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