There are a number of advantages that come with owning a small home. One of the most known advantages—which is also why the home is reasonably sized to begin with—is that it saves the owner money.
From the purchase itself, all the way to the cost of its maintenance and any associated mortgages, a modestly sized home is simply less expensive than its larger counterparts. What some don’t realize is that a compromise in size does not always mean a compromise in quality.
If a small home has a style and interior designed by professionals and built with high quality materials, then it’s certainly a good investment. Factor in the ease in maintaining a smaller space raises its value. If situated in a great location, then the value of the home should remain high in case the owner ever decides to sell it.
Location also factors in the benefits of having a small home. Smaller condos near the beach will only encourage its occupants to spend a little more time outdoors. People are known to spend a less time outside nowadays, and by having a home without a finished basement or designated playroom but is near the beach, should entice them to get out and experience nature.