As living expenses continue to rise and the economic downturn continues to create uncertainty about the future, more and more people are turning towards smaller and more affordable homes. Small homes may not seem like they pack much of a punch when compared to larger, more spacious homes, but they offer a host of benefits that cannot be ignored.
If you’re currently on the fence about downsizing or purchasing a smaller home, the following benefits may just change your mind.
Eco-Friendly: Small homes are much more eco-friendly than larger homes, requiring less energy to heat and cool. An increased focus on minimizing waste and utilizing sustainable materials further enhances their eco-friendly qualities.
More Affordable: The cost of housing increases exponentially with the size and location of the home. Small homes are far more affordable than their larger counterparts which makes them very appealing to anyone who wants to budget their expenses, particularly in a post-recession economy.
Less Maintenance: Smaller homes require less maintenance, making them easier to clean, declutter, and keep in good condition. In general, owning a small home comes with fewer responsibilities and routine tasks, which can free up time for other more interesting pursuits.
Less Gear Required: Living in a small home requires less gear, including furniture, appliances, and home accessories. You will only retain things that are essential, which leads to a less cluttered and more minimalistic lifestyle.
Social Interaction: Living in a small home encourages social interaction as you are frequently interacting and co-existing with your housemates. Connections and friendships are more meaningful in a smaller house, which is great for families with children and seniors who need regular interaction.
Reduced Carbon Footprint: As mentioned before, with small homes, energy usage is reduced, meaning you’re putting less CO2 into the air. Inherently, by living in smaller spaces, there is a reduced consumption of consumer goods. When you buy less stuff, you create less waste, and in turn, lead to a healthier planet.
Opportunity for Creativity: With a smaller living space, new homeowners can be more creative with their home décor and furniture. You’ll also be challenged to think outside the box and resourceful with your space and your things.
Overall, considering the benefits of living in a small and affordable home, it wouldn’t be much of a surprise if we start seeing people choosing tiny homes over larger ones, particularly in this post-COVID-19 era. A home doesn’t have to be large and luxurious to live comfortably, and in most circumstances, a smaller and more manageable living arrangement can be much better for your happiness and quality of life.