A home is usually the single largest investment a person makes in their lifetime. We spend so much time searching for the perfect one. But we end up in a financial strain. Bigger doesn’t have to be better. Larger homes have added expenses, more potential problems, and in general–more stress. Unfortunately, smaller homes are considered to be taboo. We’re told smaller homes simply aren’t big enough.
The reality is that small doesn’t mean tiny. Downsizing from 2500 square feet to 1100 square feet brings the benefits of a simpler lifestyle but none of the hassle of living in a 200 square foot trailer. More people are wanting to be financially free and also live a minimalist life. When it comes down to it, there are so many advantages to building a small home.
1. Small Homes are Usually Less Expensive
A smaller home comes with a smaller price tag. Not only is this good for your pocket, but also for your mind. You have the financial freedom and won’t have to worry about a burdensome mortgage. It’s why smaller homes are popular among young adults with student loan debt and recent retirees. In addition to being a lower upfront cost, smaller homes are cheaper to furnish and decorate.
There are endless opportunities when you live in a smaller home. You can switch up the look with only a few minor purchases. The smaller it is, the more vibrant you can make it on the outside with minimal effort.
2. Smaller Homes Have Lower Maintenance Cost
A smaller home gives you the opportunity to save on insurance, taxes, and utility costs. Our quality small homes will be built with energy-efficient materials that are strong and well insulated. Our small home kits are made with structural insulated panels (SIPs), one of the most energy-efficient and environmentally friendly building products on the market. A smaller, better-insulated home is easy to cool and stays warm longer. That translates into real energy savings and a much cheaper monthly bill.
3. Smaller Homes Put More Time in Your Schedule
It’s no use having a big home if you spend all your time maintaining it. One of the many joys of moving into a smaller home is getting to spend far less time cleaning. Who looks forward to spending the entire day washing, wiping, and vacuuming? Big homes need more repairs, more plumbing calls, and more window washing. The hassle of hiring people or getting the job done yourself will come to an end. A smaller mortgage can also mean fewer overtime hours at work. With all the time you save, you’ll be able to spend more time outside or taking up a new hobby. Spend less time mopping floors and more time entertaining guests or reading a good book. Your schedule will thank you.
4. Smaller Homes Force You to Be Organized
All space is good space. Once moving into a smaller home you will have to learn how to utilize your storage space. It may seem like a daunting task, but in the end, this will also help you get rid of clutter. You’ll be able to go through your belongings and donate or sell what you don’t absolutely need in the long run. It fosters better buying habits and a simpler lifestyle. You can encourage yourself to only purchase things that you really need rather than the stuff you think you want.
A smaller home doesn’t mean you have to get rid of all your belongings, but it does force you to get creative. External Link. Opens in new window. with your storage and organization. Trust us, it will be worth it.
5. Smaller Homes Help to Show Off your Creativity
When living in a smaller home you have no choice but to be creative. This is your home, your sanctuary. Make it reflect your personality. Small homes are head turners on their own. But what a difference a few creative pieces can make. Bring out your creative side and opt for a couple of DIY projects. Small home living is empowering because you can focus more on yourself and realize you don’t need excessive belongings. A smaller house lets you cut out the distractions in life and become more in tune with yourself.
6. Smaller Homes Encourage Family Bonding
We’ve got too much stuff. We’re spending a lot of time in front of our larger televisions screens, phone in hand. If you choose to build a smaller home, you give yourself the opportunity to focus on relationships. More of your time can be spent with your family. You can focus on the ones that mean the most to you and develop a closer bond with those you love. (Not to mention, living small is a great way to keep a better eye on the kids!)
After all, it’s not the walls of the house that are important, but the memories made inside of them.
7. High-End Finishes
Because you will be spending less on the bones of your small home, you can now afford high-end finishes. The money you save on additional square footage can be spent on luxurious finishes you might not be able to afford otherwise. Whether that’s granite countertops, tile feature walls, a bigger yard, or a hot tub, the possibilities are endless. You can live small, and still live in style.
Despite conventional wisdom, smaller can be better. Simplify your life. Start cherishing people and experiences more than materialistic items, and find yourself happier than ever before.