Since 1950, the average house in the United States has more than doubled in size to reach an average of 2,349 square feet. No longer — if they can help it — will families share a bathroom as they often did in the ’50s, nor will three or four kids share a bedroom.
Americans buy big homes for many different reasons. For space, for status, for tax breaks, for the neighborhood (and schools), and for a feeling of security. But is a bigger home really a better investment than a medium size or smaller one?
A big home will generally appreciate in value, which means that whenever you decide to sell, you stand to reap a profit, but there are many other things to consider.