2. Consider the size.
Next, consider how large or how small of a house you want. While some might want as much square footage as their house hunting budget will allow, others might be looking to downsize and prefer a tinier footprint.
While these dimensions are not absolute, for the most part you can expect a certain number of features with associated home sizes. A home that’s under 900 square feet, for instance, will likely have one bedroom and one bathroom, and usually won’t include a garage. The add-ons only go up from there. Another size factor is location.
While it’s not an a given, city properties often go for higher price per square footage due to their proximity to shopping, restaurants, and nightlife. For example, if you browse San Francisco homes for sale
, you might find an adorable 1,000 square foot apartment for the same price as, say, a five-acre country estate a few towns over. If you’re set on living in a particular location, be willing to adjust your size expectations to meet that local market’s average home value.
Research shows that the average home is approximately 2,600 square feet
. With that space, you can expect about three bedrooms, two bathrooms, an office space or playroom area, living areas that are both formal and informal, and a garage.
Consider your lifestyle, and what types of living spaces you need to keep it up. Do you love to entertain? If so, you may want a home big enough to accommodate a formal dining room for big dinner parties.
Or, if you have children, you might want each to have his or her own bedroom or bathroom. Also consider your future needs, if you plan to be in your dream home long-term. A three-story condo might sound ideal now, but what about when you’re older? Take these aspects into consideration to make sure you’re happy in your home for as long as possible.