A Smaller Home Might Be A BIG Idea

Deciding you're ready to buy a house in near the Lake of the Ozarks is only the very first step - you then have to decide exactly where you want to live, how big you want your next home to be, what particular features you want your home to include, what amenities you want nearby... the list goes on and on. This week, we're here to help find the answer to one of these important questions.

How Big Should Your Home Be?

Size is one of first factors you should consider when you're preparing to buy your first home. If you choose a home that's too big for you, you could end up paying unnecessarily high energy costs to heat and/or cool all those rooms you barely use. If you buy a home that's too small, on the other hand, you could quickly outgrow your space and end up needing to search for a new home sooner than later.

In order to determine what size home will be best for you, you have to carefully evaluate several different factors, such as your budget, size of your family, number of pets you have in your home, etc. It is important to realize that there won't be a perfect number of square footage that your new home should have; rather, you should identify a general range (such as 1,000-2,000 sq ft) to look for in your new home.

A Smaller Home Could Be A BIG Idea!

At Devine & Associates Real Estate, we frequently buy and sell small, affordable housing in Eldon, Missouri and other towns surrounding the Lake Area. In our years of experience, we have learned that buying a smaller home can offer a huge advantage. Here are some of the things we have noticed.

1.  Small Homes Cost Less To Buy.
First and foremost, you'll save money upfront when you purchase a small home in Laurie, MO because the sale price will most likely be lower than some of the larger homes on the market.

2.  Small Homes Cost Less To Maintain.
Of course, the initial sale price is only part of the picture when it comes to the cost of owning a home. You'll also have to cover the costs of maintaining the home, including utilities and repairs. Smaller homes typically end up being much less expensive to maintain than their larger counterparts.

3.  Small Homes Have Less To Clean.
House cleaning is a necessarily evil in all homeowners' lives - but owning a smaller house means you have less space to clean. Need we say more?

4.  Small Homes Encourage You To Get Rid Of Miscellaneous "Stuff."
You might be amazed at how quickly your belongings accumulate after you buy your first home - especially if you have a big house with a lot of space to store things! Having a smaller house will give you the incentive you need to pare down your unnecessary belongings.

5.  Small Homes Help You Afford High-Quality Upgrades.
Upgrading and decorating your home is one of the most fun parts about owning your own house - but if all your money is going towards your mortgage payment and utility bills, how will you afford to pay for those new cabinets or granite countertops? By making your basic costs of living more affordable, you can have more money leftover to put towards your home improvement budget.

In The Market For A Smaller Home? Let Us Know!
Devine & Associates Real Estate has several homes listed for every price range, but we have a particularly great selection of affordable homes near the Lake of the Ozarks! If you are looking for a small home near Eldon, Laurie, Versailles, Camdenton, Gravois Mills, Linn Creek, Barnett, Osage Beach, Lake Ozark, or any of the other surrounding locations, don't hesitate to reach out to us! We would be happy to help you find your dream home.


Where Your Best Interests and Our Best Efforts Meet

Devine & Associates Real Estate
(573) 392-9900

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