When friend think the a tiny space, you can think of the 500-square-foot tiny homes that have end up being a famous option because that those looking to really downsize. Yet there space benefits to living in a smaller home — and you don’t have to take your square footage to extremes to gain them. Proof: think about the 1,000-square-foot home. It’s smaller sized than the average residence (according come the many recent U.S. Census office data, the median size that a newly developed home is 2,657 square feet), yet not so tiny that you should subscribe come a movement (and to buy a Murphy bed!) come live there.

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While we’re in ~ it, stop rethink the term “downsizing” and all of its an unfavorable connotations. “Whether she an north nester relocating from a residence into a condo, or a renter commerce in a two-bedroom because that a studio and also a much shorter work commute, many people now watch downsizing their house as a action forward, no backward,” says brand-new York, NY–based designer heather Higgins, who generally handles tasks in the 1,000-square-foot area. “Requiring much less time, energy, and also money, smaller sized living spaces carry out greater lifestyle flexibility.”

From real estate in Baltimore, MD, come Jupiter, FL, we spoke through a few homeowners that live the smaller life, along with a few design and also real estate professionals who can speak firsthand to the other benefits that trading larger living for smaller sized spaces.

1. Smaller tends to be an ext affordable

This is just one of the greatest motivating determinants to make the run to smaller digs. “My wife and I downsized indigenous a 2,000-square-foot townhouse through a garage come a little 950-square-foot apartment,” claims Gerald Aguilar that Jupiter, FL, who wanted to conserve money to aid launch his business. He approximates that the move saves him around $400 a month, many thanks to cheaper rent and “minuscule” utilities. I m sorry brings us to the next advantage of small-house life …

2. You conserve on utilities and also other regimen expenses

“The cost of insurance, taxes, heating, cooling, electricity, etc. Will constantly be less in a residence 1,000 square feet or less,” claims Than Merrill, former host of A&E’s Flip This residence and CEO of FortuneBuilders. If insurance and taxes can also be impacted by other factors, utilities room the guaranteed location to save. Merrill claims that, on average, the electric bill for a 1,000-square-foot residence is roughly $200 per month much less than the electrical bill for a 3,000-square-foot home. And if you’re going the condo route, you can additionally save huge on maintenance fees. “Since many association fees room calculated ~ above square footage, the under square feet in a condo, the reduced the monthly price will be for the owner,” states Philadelphia, PA, genuine estate agent Holly Mack-Ward.

3. You can afford to be closer to the action

“In a many cities, there space a wide range of homes easily accessible in high-demand places that space under 1,000 square feet — typically, to gain into those ‘hot’ areas without gaining into yes, really high price points, you’re largely going to be looking at condos or, in historic cities choose Philadelphia, Baltimore, and also DC, tiny row homes,” says Mack-Ward. “But the a fair trade-off: as soon as you have a gym two blocks away, you don’t need room for a treadmill; as soon as you have the right to stop at the edge market every work on your means home from work, you don’t need a substantial pantry.” and if you’re buying a condo, she adds the you’ll more than likely save on homeowner’s combination fees (since most are calculated based on square footage).

4. Upkeep is a breeze

“Anyone residing in a residence over 3,000 square feet deserve to attest come the reality that there always seems to be something walking wrong. Even if it is it’s a leak in the guest room or a broken pipe in the upstairs bathroom, the reality is, larger homes require much more upkeep,” Merrill says. Although few people have the right to truly speak they love safety a weekend do repairs, a smaller home potentially method fewer things will go wrong in the an initial place. Merrill also mentions that also the big-ticket items prefer replacing a roof, redoing floors, and also exterior paint jobs will take away smaller sized bite out of your paycheck contrasted with maintenance on the mansion under the street.

5. It’s simpler to store clean

Not just are there fewer rooms come tackle, but also the home’s smaller size helps you cut down on collections and clutter. “It really helps one declutter and just save the real important things in life,” Gerald Aguilar says. “We additionally enjoy that there is not lot to clean and also takes half the time to clean the new space!”

6. You deserve to get creative with upgrades

“It is a add to to have the ability to splurge ~ above a couple of pieces you love versus buying come accommodate a huge house,” states Alex Caratechea, command designer because that Decor Aid. “With a big home, you often tend to acquisition a lot of off-the-shelf furniture simply to fill up space. With a small home, you have built-in borders buying also much. If friend remodel, prices are lower as well.” simply think of every the gorgeous wallpapers, luxe countertops, and fine cabinetry you can indulge in.

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7. By reasoning creatively, you have the right to still host huge groups

Writer Jill Weaver typically hosts next in she 928-square-foot house near brand-new Haven, CT. While the dimension of she home have the right to limit the guest list, the home’s deck can accommodate bigger get-togethers. “It operation the size of the house, and when ns have people over, we bring out every the chairs, plus additional folding chairs,” she says. “I was never one for formal, huge gatherings, therefore this casual style suits me simply fine.”

8. Tiny homes just feel cozier

There space times as soon as bigger is far better — but additionally when bigger just seems overwhelming. Caratechea recalls one client, a family members that decided to move to a smaller place in their ar (New York City’s Upper eastern Side). “They stayed in a big apartment on Park Avenue and decided come downsize to conserve money and additionally to develop a more homey feel,” he says. “The old apartment to be so huge and cavernous, and also the huge rooms felt impersonal and also empty.” after the makeover, the brand-new space “felt an ext intimate and more lived-in versus staged.”

Do friend live in a small(er) house? What space your tips because that making the transition? re-publishing in the comment below!


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