With houses in the UK getting smaller, the average UK home sold in 2018 is now 76 square metres and has 4.8 rooms, compared to the average size of houses sold in 2016 that were 90 square metres.
However, this may be a positive in disguise for some people…and I’m about to give you a few reasons why!
Less Cleaning and Maintenance Required
Having fewer rooms in your home results in less time and money spent on cleaning and home maintenance. This means that you can spend more time doing the things you love – as we all know that cleaning can be a drag sometimes!
More Energy Efficient
Smaller homes are more energy efficient because they have less space to heat up and cool down, therefore this works out being cheaper as a homeowner, and a reduced ecological footprint.
Lower Mortgage Payment
Usually, smaller homes cost less money – therefore you will have a smaller mortgage which means that it will take less time (and money) for you to own your home.
The cost of insurance, taxes, electricity etc. will be much cheaper in a smaller home, again due to having less space.
Helps You To Live Minimally
Because you have less space, it means you have less room to store things (which may help you to stop buying the junk you don’t need!).
More Money To Decorate It
Although it is a lot easier buying a house that is already perfect for you, or already livable, if you buy a cheaper house it means that you have more money to refurbish and decorate it – or in other words, make it your own!
Helps Build and Strengthen Relationships
One of the most important things, having a smaller home allows you to spend more time together – due to the fact there is not much space to get away from each other!
In conclusion, a smaller house has many benefits, and you don’t have to worry about ‘Keeping Up With The Joneses!’.