Ideas For Your New Home

How Much Home Do You Really Need?

How Much Home Do You Really Need?

According to U.S. Census data, the size of the average home in this country has nearly doubled since the 1950s? What's more, according a report released in June, 2012 by the Census Bureau, the size of our homes has jumped 62.6% just since 1973 -  topping out at 2,480 square feet in 2011. 

So, how are we using all that added square footage? The answer might surprise you. Even though the average family size is decreasing, we're designing and building our homes to include great rooms, four-car garages, man caves, walk-in closets, double master bedrooms, and guest suites. It seems the basic home of today would have been considered a mansion by the standards of any previous generation!

But, how much space do we really need? How can we build or buy with a sense of what's sufficient or even moderate in this new Gilded Age of home design? If you're in the market for a new home, here are a few considerations that might help you determine how much space you really need:

Review Your Lifestyle

Deciding how much space you really need begins with understanding your lifestyle. Are you active or a homebody? Do you entertain often and throw large holiday parties, or do you tend to go out? What about guests - do you have a large extended family that visits throughout the year, or do you do most of the traveling? Our spaces should be a reflection of who we are rather than what others expect us to be.

PATCO CAN HELP: Our home plans are color coded so that you can see "At A Glance" how your home will "live". Love to entertain? Check out the plans with lots of yellow. Need more time to relax? Look for more blue sections. Tons of things to store? Go for the plans that show more orange areas. Not sure what you'll want for extra space? Keep your eye out for green.

Understand Your Priorities

Large homes typically mean large maintenance commitments. Yard work, snow removal, window cleaning, painting, and housekeeping can all add up quickly.

If your time or your money is in short supply, consider how a large home might stress other areas of your life or tax your resources. Likewise, consider how much you enjoy maintenance tasks. Do you delight in all the responsibilities that come with owning a large home, or would you rather be free to pursue other activities?

PATCO CAN HELP: We offer hundreds of selections when it comes to choosing products and materials that will save you time and money when it comes to maintenance. 

Estimate Future Needs

Our lives are constantly evolving, and what works for us today may not work tomorrow. Do you plan on having a large family? Will you likely be responsible for the care of an aging parent or in-law at some point? Will your income in retirement be reduced to such a degree that the taxes and utilities on a large home might make it unaffordable? Understand how the changes in your life could affect your space needs down the road.

PATCO CAN HELP: Our design / build team, with over three decades of experience in new home construction, can help design you a custom home with your future needs in mind.

Benefits of Smaller Homes

Large homes can be dramatic and beautiful, but smaller homes aren't without their charms (and benefits). Here are some pluses to consider:

  • They're Clutter-Busters - It's tough to accumulate too much when space is at premium. Smaller spaces help control clutter by encouraging us to differentiate between wants and needs and filter the objects we surround ourselves with. If you have minimalist leanings, consider minimizing your square footage first — the rest will follow.
  • They Consume Less Energy - A smaller physical footprint usually equals a smaller utility bill. Smaller spaces with more modest room dimensions mean there's less to heat and cool.
  • They're Less Expensive to Build and Buy - The cost of building a new structure is usually driven by a combination of materials and labor. Smaller homes that are well-designed with an eye toward simplicity tend to be less expensive to build. Likewise, since the resale price of an existing home is dictated, at least in part, by square footage, smaller homes tend to be less expensive. Whether building or buying, reining in the square footage can help rein in your budget.
  • They Encourage Activity and Interaction - While it's less obvious than the other benefits we've covered, smaller homes can promote activity and interaction between family members. In large homes, it's easy to get lost in our own separate corners and, whether we intend to or not, become a bit isolated throughout the day. Smaller homes encourage socializing and communication through sheer proximity.

Of course, there's no one-size-fits-all approach to space needs. Each family is different, and everyone's priorities and lifestyles are unique. But as we build the next generation of houses and consider buying and remodeling older homes, maybe it's OK to err on the conservative side of size. Maybe "less is more" overstates the case, but less may truly be more rewarding.

Whatever size home you decide will best suit your family, PATCO is ready to build! From modest ranches to larger totally custom beauties, Maine families have trusted PATCO to meet or exceed their expectations for generations. We'd be honored to be your builder!

CREDIT: The Wise Bread