Should You Move into a Bigger Home?

Homes have been getting increasingly larger. According to a 24/7 Wall St. study, new homes built in 1921 had an average floor plan of 1,011 square feet and offered 233 square feet of space per person living in the home. Today, the U.S. Census Bureau reports the median size of a single-family home is 2,261 square feet. Given that an average of 2.53 people live in each home, that equates to approximately 894 square feet per person—almost four times more space per person than 100 years ago!

There are a lot of advantages to moving into a larger home but also some drawbacks, like a higher price tag and more responsibilities. In the end, whether moving into a bigger house is the right for you depends on your needs.

Pros of moving into a bigger house

If you are considering moving into a house with more livable space, you’re probably well aware of at least some of the benefits. After all, you’re likely moving for more space. However, a few reasons may surprise you.

More space

Room to grow

Flexibility

More storage

Room to entertain

Greater return on investment

Cons of moving into a bigger house

When you’re excited about moving into a home with more space, it’s easy to overlook the downside. But if you don’t consider cons of a moving into a bigger home, you could end up with buyer’s remorse.

Cost

Higher expenses

More responsibilities

Furnishings

Location, location, location

Usable space

Lack of interaction

No guarantees

Made a decision?

Whether you decide to move into a larger home or stick to one roughly the same size, hiring a professional can take a lot of the stress out of your move. To find a capable moving company near you, check out our extensive network of reputable and reliable movers—all licensed and insured.