Size Matters: Finding the Perfect Size Home for You

How do you find the ideal home size for you and your family?

If you’re house shopping, there’s probably one question that’s been on your mind often: “What size home should I buy?” At a glance, the answer seems obvious: as big as you can afford! But that’s only a small piece of the puzzle. Home size matters on many levels from personal preference to resale value, future plans, your budget, and more.

How do you find the ideal home size for you and your family? Here are three things you need to consider:

The Truth About Square Footage

A foot is a foot, right? When it comes to the square footage of your future home that may not be the case. Measuring the size of a house isn’t incredibly precise. More often than not, the size will change depending on which appraiser is measuring and what mechanism they’re using to determine the square footage: measuring tape, laser measure, or eyeball. The reality is that there are no universal standards when it comes to measuring your home size.

What does this mean for you? You need to choose your home size not by the numbers but by the feel. Don’t put too much stock in the listing size on paper, but instead find out in person if each room, bathroom, and living area is large enough for your needs. It’s not about how other individuals answer the question, “What is a good sized house?” It’s about you, your family, and how big a place feels in person.

Your Budget

While your budget isn’t the only thing you should consider, it needs to be one of the critical factors in determining your ideal home size. And that may be little more complicated than you think. What matters when it comes to your budget?

  • Loan Size: The larger the house, the more expensive—most of the time. Make sure the average house size of your real estate listings fits with your pre-approved loan budget.
  • Monthly Budget: Large houses are expensive to keep up. As you increase your square footage expect to pay more in electricity, water, gas, cleaning, and more. If you have a tight allocation for monthly expenses, don’t go overboard on a large house without factoring in these other costs.
  • Your Future: Are you planning to have more kids? Do you need a new car? Are you counting on getting a raise at work? If you’re expecting your financial situation to change, make sure your home budget fits the modifications.

Your Preferences and Needs

Your particular wants and needs should have the most significant impact on the home you choose. Make sure you’re truthful and honest with yourself about your expectations and needs. For example, if you eat out regularly and hate cooking, there’s no need to spend on a gourmet kitchen! You’d be better served looking for a home with a smaller kitchen and a bigger living room.

To help you determine your preferences, here are ten questions you should ask yourself:

  1. Do you like small and cozy or do you need room to spread out?
  2. How many people are in your family and how much space does each person need?
  3. Do you have any hobbies or jobs that require extra space? (If you work from home, you’ll need an office. If cars are a passion, you’ll want a more substantial garage)
  4. How often do you have visitors over? (If you have parties every few weeks and relatives visit a few times a year, you might want more space for guests)
  5. Are you planning to have more kids or have an elderly relative move in with you?
  6. What size of house have you been excited about in the past?
  7. How much storage do you need? (Closet space and built-ins can be a big space saver)
  8. How large is your furniture, and how much do you have? (If you have a king-sized bed, you want a big master bedroom)
  9. What’s your five-year plan? (Upgrading your home to a larger size can be difficult; make sure the home you choose can last for years)
  10. How much outdoor space do I want?

For additional help, check out, “What size home should I buy?

The key to purchasing the right-sized home for you is being realistic. Make sure you really sit down with your family to discuss what you need, want, and can afford. Then, ask your local Coldwell Banker real estate agent to help you search for the perfect sized house for you.

All the Ways Your Front Entrance Can Sell Your Home

When getting your home ready to sell, what areas should you focus your time and budget on?

If only selling your home was as simple as snapping your fingers. We’d love that, and we’re sure you would too.

Unfortunately, reality is rarely that kind. Instead, there are a thousand little details that go into selling your home from hiring a real estate agent to home staging and curb appeal enhancements. It’s every piece together that brings in the buyer.

But if you’ve focused mostly on finding the right realtor and too little on curb appeal, you could be putting yourself at a disadvantage. Never underestimate the power of a great first impression, which starts with the outside of your home.

Staging a House to Sell

When getting your home ready to sell, the first area you want to focus on is the exterior. This is what a buyer will see first before they ever step a foot inside, so it needs to look polished and attractive. The question then is, “What should I concentrate my budget and time on?”

  1. Create a Gorgeous Front Entrance

Homeowners who update their entry door can recoup a significant amount of the cost of installation. In particular, you should consider installing a steel entry door.

In addition, you want to clean your entire entrance. Remove any clutter around your entrance including furniture, pots, and entry mats and thoroughly clean everything, making sure to repaint or touch up as needed. You’ll also want to polish any metal knobs or fixtures. A great entrance can ensure that every other part of your home is more inviting as well.

  1. Repaint the Exterior

Repainting the outside of your home is a big job, but it’s worth the results. A new coat of paint can seriously improve your home’s curb appeal. Just make sure you do your research before you choose your exterior house colors. Not only do you want to choose colors that appeal to you, but colors that fit your neighborhood.

We recommend choosing bright and welcoming colors for your home, especially when it comes to your front door. A bright red or blue door really pops. As for the overall color, we recommend choosing a light gray/blue color. A great color can help you sell your home faster and for more money.

  1. Update Your Landscaping

Poor landscaping can distract from an otherwise beautiful house that has exceptional home staging. That’s because no matter how great your furniture and walls look inside, if they can’t get past the lack of imagination and poor curb appeal outside, it won’t matter.

Make sure your shrubs are trimmed and not blocking windows and opportunities for natural light. Add color with freshly potted flowers and plants. Manicure your lawn and ensure there are no weed gardens and all mulch is in place.

A stunning landscape can make a buyer automatically assume and be ready for an equally stunning house.

  1. Ditch the Clutter

When prepping the interior of your home, you don’t leave junk everywhere. The same should be said for the outside. Streamline your exterior by removing evidence of a busy family life such as garden tools, bikes, toys, and trash cans. You’ll also want to remove any extraneous furniture. Keep everything parsed down to the minimum.

  1. Make it Livable

Finally, you’ll want to make a great outdoor living space, if you can. Outdoor rooms are attractive to potential homebuyers. Consider adding a seating area to your deck or creating a barbeque area with a fire pit. A few small items can expand your home’s living space outside, adding to its attraction for buyers.

The reality is that buyers have very little imagination. If your home looks too much like you, then they won’t be able to see themselves in your home. The goal is to make your home a blank slate that they can see fitting into seamlessly.

By focusing on improving your curb appeal, you focus on making a great first impression that will last throughout the buying process. After all, getting buyers in the door is the hardest step. Once they’re inside, your real estate agent and you can take care of the rest.

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