In What Ways is a Bigger Home “Worth It”? In What Ways isn’t It?

large houses

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.

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