“4 Reasons to Own a Smaller Home” and not a McMansion

One writer gives four reasons for eschewing a McMansion and instead purchasing a smaller home:

1. Your mortgage will be smaller.
The most obvious advantage of living in a small home is the cost. Some wee homes are priced in the five-figure category, which could translate into a mortgage less expensive than your car insurance payment. Or, if it’s a real cheapie, you could pay cash for your new small home and kiss your mortgage good-bye forever.

2. Your taxes will be cheaper.
There are many factors that influence taxes, including house square footage and lot size. A smaller house usually means a smaller tax bill. Make sure you research your chosen town and state before settling on a home. We suggest plugging the address into Propertyshark.com before even picking up the phone to call the listing agent.

3. You will reduce your carbon footprint and save money on utilities.
Living simply means consuming less resources and creating as low an impact as possible upon the environment. That’s tough to do when you live in a sprawling 3,000 square foot manse with central air conditioning in a planned neighborhood with no trees or wild land for miles around. Furthermore, it takes a lot of heating oil to keep a big house warm, particularly if you live in cold climes. A strategically-placed pellet stove, on the other hand, could heat an entire 800-square-foot cottage. A smaller house also means a smaller electric bill.

4. Your house will be unique.
When your living space is small, you must get creative with how you use it. Gone are the days of devoting entire rooms to storage. Every nook and cranny of your home is essential, so it’s up to you to figure out how to make it work. This is a good thing. It forces you to carefully consider purchases and evaluate the necessity of the belongings that you do have. Additionally, it turns your house into something that is uniquely yours and adds character to your home. After all, isn’t that what turning a house into a home is all about?

This is a decent comprehensive list of complaints people have about McMansions: the first three reasons cover the financial aspects, the third also discusses the green or sustainability issue, and the fourth gets at the mass-produced nature or the poor quality of McMansions. Perhaps the only thing left to add is the negative neighborhood or community life that McMansions supposedly contribute to?

What would the flip side of this be – 4 reasons to purchase a McMansion? Here is a start. 1. You get a bigger house. 2. You get a bigger house for less money compared to a custom-designed house or one put together by an architect. 3. At least the front of the house will look impressive and large. 4. It is likely to be a newer house with fewer problems.

0 thoughts on ““4 Reasons to Own a Smaller Home” and not a McMansion

  1. I just went to an open house. The home was 2300 square feet and new construction. It was in an older neighborhood of smaller homes. McMansion?

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    • We need more information:

      1. How much bigger is the new home compared to the surrounding older and smaller homes?

      2. What is the architecture/design of the new home? Does it look a lot different than the surrounding homes?

      Compared to the national average of new homes, 2,300 square feet is actually smaller than average…

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      • I am not sure what the surrounding house sizes were but they were mostly ranch and split level homes. The new homes were traditional two story homes. They may not have been much bigger than the surrounding homes but they did seem bigger. I would say they stood out compared to the neighboring homes.

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    • Hard to know. This area is a bit strange because it is not completely built up (not every lot is filled) and this isn’t the only new house on the street. Plus, the architecture/design looks fairly conventional and not too garish. And, at 2,600 square feet, this really isn’t that big for Wheaton. So, I say no.

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      • Google Street View is available. It doesn’t recognize the address but it does recognize 26 Armbrust, Wheaton, IL. It is one these odd old unincorporated areas of Wheaton. Not even any sidewalks…

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