Zillow Advice: Home Buying - Home Purchase? Size Dilemma http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ Zillow Advice | Zillow Real Estate Thanks for the comments everyone. ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ Thanks for the comments everyone. We weighed pros and cons and did some number crunching with various scenarios of a downward market from here and decided to go with the smaller home with upgrades that we want.<br/><br/><em>On a totally separate note</em> - looking at the real estate trend over last 5 months - May'13 through now - <em>it seems very likely that we have a bubble building up in the real estate</em>. Just hoping we are wrong on that, but only time will tell. Thu, 14 Nov 2013 18:37:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T18:37:00Z From personal experience ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ From personal experience with having extended family living with me, you want the house that has the best floorplan that gives the other family members a seperate living space. Not necessarily a seperate kitchen, entrance, etc.; but a living/family room area that they can claim as their own while they are there. As much as you might love your family members, everyone needs an area to call their own--especially during the Michigan winters when everyone is restricted to the indoors.<br/>&nbsp; The decision is as much a personal one as it is financial.<br/>&nbsp;&nbsp;That probably didn't help you much, but I couldn't resist responding to that question :) Thu, 14 Nov 2013 14:39:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T14:39:00Z Obviously you are very intelligent, ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ Obviously you are very intelligent, wise, successful buyers who I trust have done spreadsheets, etc. to get this all figured out.&nbsp; I would have, too&nbsp; :-)<br/><br/>That said, make sure your spreadsheet has a column about enjoyment and quality of life as at the end of the day it is where you live, make memories, etc.&nbsp; Of course the financial component is important ... but in this case I think it would take a backseat to getting the house that best suites wants, needs, lifestyle, etc. ... if it were me, anyway.<br/><br/>If I were you, I would not get hung-up on the price per SFT, for instance, if the house completely fits the bill for everything else ... especially if it does even moreso than the larger home.<br/><br/>You will make the right decision for you.&nbsp; Enjoy the new home!<br/> Thu, 14 Nov 2013 12:51:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T12:51:00Z I think you need to figure ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ I think you need to figure out what your family's needs are.&nbsp; But you also do need to consider that a bigger house means more bills for rooms that you may not be using.&nbsp; When you want to sell the buyers are going to also consider that.&nbsp; At this size home, some buyers will see this as "This is just too much home". Thu, 14 Nov 2013 12:45:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T12:45:00Z srd77 I have to agree with ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ srd77 I have to agree with wetdawgs. I don't think that the bigger house with fewer options will be easier to sell. They will be thinking the same thing as you; higher taxes, more to heat/cool, less custom items. Does 700 sq. ft,. really make that much difference to the rooms available? The only reason I would consider the larger home would be to give us more space when the extended family comes for the long visits.&nbsp;<br/><br/>Hope this helps. Good luck! Thu, 14 Nov 2013 09:04:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T09:04:00Z You know, srd77, I think ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ You know, srd77, I think you have to live in the home before you can sell it, and if you're going to live in it, then only you can decide if it's too small or too expensive to maintain. There's no use in guessing what the market will be like for one house in a development compared to another.&nbsp;<br/><br/>All the best, Thu, 14 Nov 2013 08:28:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T08:28:00Z The general trend towards ... http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ The general trend towards smaller, rather than larger.&nbsp;&nbsp; Therefore, a larger house may be harder to sell.&nbsp;&nbsp; It costs more to heat and cool. It costs more for maintenance.&nbsp; It costs more for insurance.&nbsp; It takes longer to clean the toilets and everything else.&nbsp;&nbsp;&nbsp; It costs more to furnish, clean the carpets, replace the carpets etc etc. <br/><br/>4200 is&nbsp; big(double US average) even if your extended family visitors are there several months per year. &nbsp; Buy what works for you.<br/><br/><br/> Thu, 14 Nov 2013 04:46:00 GMT http://www.zillow.com/advice-thread/Home-Purchase-Size-Dilemma/518969/ 2013-11-14T04:46:00Z