12 Reasons to Buy a Smaller House

People buy larger homes for a number of reasons:

• They “outgrow” their smaller one.
• They receive a promotion and raise at work.
• They are convinced by a realtor that they can afford it.
• They hope to impress others.
• They think a large home is the home of their dreams.

Another reason people keep buying bigger and bigger homes is because no one tells them not to. The mantra of the culture again comes calling, “buy as much and as big as possible.” They believe the lie and choose to buy a large home only because that’s ”what you are supposed to do” when you start making money… you buy nice, big stuff.

Nobody ever tells them not to. Nobody gives them permission to pursue smaller, rather than larger. Nobody gives them the reasons they may actually be happier in a smaller house.

So, in an attempt to break the silence, consider these 12 reasons why you’ll actually be happier in a smaller house:

1. Easier to maintain. Anyone who has owned a house knows the amount of time, energy, and effort to maintain it. All things being equal, a smaller home requires less of your time, energy, and effort to accomplish that task.
2. Less time spent cleaning. And that should be reason enough…
3. Less expensive. Smaller homes are less expensive to purchase and less expensive to keep (insurance, taxes, heating, cooling, electricity, etc.).
4. Less debt and less risk. Dozens of on-line calculators will help you determine “how much house you can afford.” These formulas are based on net income, savings, current debt, and monthly mortgage payments. They are also based on the premise that we should spend ”28% of our net income on our monthly mortgage payments.” But if we can be more financially stable and happier by only spending 15%… then why would we ever choose to spend 28?
5. Mentally Freeing. As is the case with all of our possessions, the more we own, the more they own us. And the more stuff we own, the more mental energy is held hostage by them. The same is absolutely true with our largest, most valuable asset. Buy small and free your mind.
6. Less environmental impact. A smaller home requires less resources to build and less resources to maintain. And that benefits all of us.
7. More time. Many of the benefits above (less cleaning, less maintaining, mental freedom) result in the freeing up of our schedule to pursue the things in life that really matter – whatever you want that to be.
8. Encourages family bonding. A smaller home results in more social interaction among the members of the family. And while this may be the reason that some people purchasebigger homes, I think just the opposite should be true.
9. Forces you to remove baggage. Moving into a smaller home forces you to intentionally pare down your belongings.
10. Less temptation to accumulate. If you don’t have any room in your house for that new treadmill, you’ll be less tempted to buy it in the first place (no offense to those of you who own a treadmill… and actually use it).
11. Less decorating. While some people love the idea of choosing wall color, carpet color, furniture, window treatments, decorations, and light fixtures for dozens of rooms, I don’t.
12. Wider market to sell. By its very definition, a smaller, more affordable house is affordable to a larger percentage of the population than a more expensive, less affordable one.

Your home is a very personal decision that weighs in a large number of factors that can’t possibly be summed up in one 700 word post. This post was not written to address each of them. Only you know all the variables that come into play when making your decision.

I just think you’ll be happier if you buy smaller… rather than the other way around.

by Joshua and Patty Becker