What’s More Important: The Size of a Home or Its Location?

When it comes to purchasing a home, what’s more important: the size or the location? While both are crucial factors, the one that’s most important to you will depend on your specific needs. Realtors will be the first to tell you that it’s all about the “location, location, location.” However, empty nesters looking to downsize and growing families looking to upsize may need to sacrifice the “perfect” location for more square footage in order to get everything they need. If you’re struggling with the size vs. location of a home, take a look at our guide to solving this age-old dilemma below.

The size of a home is more important if…

You plan to start or grow a family

You already have a large family

You need more space for house guests

You’re downsizing

You travel a lot for work and don’t need a large home

The location of a home is more important if…

You plan to rent out your house

You have school-age children

You plan to eventually sell your home

You want a more ideal work commute

You need access to certain amenities

What else to consider when purchasing a home

The housing market – Is it a good time to buy? Make sure to do your homework on the area’s housing market before taking the plunge.
The neighborhood and neighbors – The last thing you want are disruptive, inconsiderate neighbors. So spend time in the neighborhood before deciding on a location.
The age and condition of the house – Age and condition are important factors to consider prior to buying a home. If you decide to buy an older home be prepared for the typical quirks (some might even say “charms”) that come with vintage houses.
The price (and your budget!) – Obviously, your budget is one of the most important factors to consider before house hunting. Make sure to look at neighborhoods with homes for sale in your price range. Whatever you do, don’t waste your time and energy looking at homes outside your budget.
The crime rates in the area– Be sure to check out the crime rates in an area before buying a property. Not only can crime rates affect your home’s resale value, but they can also affect your overall safety.
The insurance rates – Looking at a home close to the beach? Be sure to check property insurance rates prior to purchasing a house. The home’s construction materials may also affect your insurance rates.

Ready to move?

So after considering the sizes and locations of various homes, you’ve finally decided on a place to call your own. Congrats! Now it’s time to start planning that move. Fortunately, Moving.com’s extensive network of reputable and reliable movers makes it easy to book the best moving company for the job. All relocation companies in our network are licensed and insured, so you can rest assured that your move will be in good hands. Best of luck and happy moving!