12 good reasons to buy a small home – soberly assess the possibilities and needs

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12 good reasons to buy a small home

If you decide to buy a detached cottage, think about what size it should be. Some people think that big is always better than small.

However, in various situations it may be more profitable to buy a compact structure.

Today we will give several reasons for purchasing a small house.

1. Cost

The first reason is quite obvious, because a small building is much cheaper than a huge mansion, and, therefore, more affordable.

Therefore, when making a choice, think sensibly and soberly assess your capabilities.

2. Mortgage

In most cases, a mortgage loan is considered the best solution to the problem of lack of money, and the small size of a new house will reduce the loan amount and pay off the bank faster.

3. Temporary housing

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If you are not sure that you can change your lifestyle permanently and feel comfortable in a new cottage, you do not need to invest in a useless business.

It is better to find a small cottage in a quiet place, where you can come only for a weekend or vacation.

4. Ease of cleaning

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The owners of large real estate know very well how much time and effort is spent to maintain order, therefore, if you really do not need large areas, you should not create unnecessary problems for yourself in caring for your home.

5. Reducing energy consumption

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Another important advantage of small houses is the reduction in energy consumption. A small house has fewer household appliances, it does not need a powerful and extensive heating and air conditioning system, and it has to light fewer rooms than in a huge mansion.

6. Easy to sell

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If in the near future, due to any circumstances, you have to change your place of residence, you should keep in mind that small housing is much easier and faster to sell, as it is easier for it to find a buyer.

7. Less repair costs

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Renovations, finishes, and even simple redecoration will cost you a fortune if you buy a large mansion.

And for a small cottage, the costs will be much lower, so that the owners can afford to choose better materials.

8. Savings when buying things

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A small house has too little space to store clothes, household appliances and other things, so you will have to think several times before spending money on a new household item.

Thus, you can significantly facilitate your life without focusing on the little things.

9. Best location

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The selection of small cottages is much richer than huge houses. Accordingly, those who are looking after a small home are much more likely to find exactly what they need, to choose the ideal location and layout that fully matches their dreams.

10. Less amount of debt

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If you used a mortgage, you will have to part with a certain percentage of your own earnings every month in order to repay the debt.

And the lower the cost of housing, the lower this percentage will be.

11. Bringing family members closer

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In a more compact space, all family members will have to contact more closely and interact more actively with each other, jointly solving accumulated issues and spending more time together. As a rule, many people benefit from this.

12. Less decorations

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The smaller footprint also means it’s much easier to decorate with a minimum of money, time and effort.

12 good reasons to buy a small home – soberly assess the possibilities and needs, from https://incredibletinyhouse.com/

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Do you have other good reasons to buy a small home ? Please let us know in comments ! When talking about small home, we have in mind small house or small apartment 🙂

Originally posted 2020-07-22 14:23:24.

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