The Little Home That Could: Rethinking House Size
Think your dream home needs to be huge? Maybe not! While the McMansion era may have dominated the 90s to the 2010s with home sizes that approach 3,000 square feet, a smaller home can offer a more fulfilling and sustainable lifestyle. First-time homebuyers in a tough real estate market like Denver face median home prices of $600,000 or more for their dream house. Empty-nesters looking for a place out in the mountains face home prices of over $1,000,000! This can provide an opportunity to discover the positives of going smaller as a way to enhance your quality of life.
With less space to clutter, you are forced to be more intentional about what you keep and what truly adds value to your life. By decluttering and simplifying your living environment, you can reduce stress and improve your overall well-being. This mindful approach to possessions often cascades into other areas of life, leading to better spending habits and more meaningful experiences. Without the burden of maintaining excess space and managing unnecessary items, you'll find more time for activities you love, whether that's climbing all the 14ers in Colorado or pursuing other passions that matter to you.
The financial benefits of downsizing can be significant and often underappreciated. Smaller homes typically have lower property taxes, insurance premiums, and maintenance costs – savings that can add up to tens of thousands of dollars over the years. Additionally, a smaller home typically uses less energy, resulting in lower utility bills and a smaller environmental footprint. With the smaller footprint, working on creating a sustainable energy-efficient home be it using passive house or LEED standards, is much easier to obtain.
To make the most of a smaller space, custom smart storage solutions and thoughtful design strategies are essential. Built-in shelves, under-bed storage, and multifunctional furniture are just a few things that can be top of mind when thinking about creative ways to approach storage. Finding a good closet system is a great first investment, there are systems that range from IKEA to Elfa. The next level includes built-in storage solutions, Murphy beds, and custom cabinetry that can transform even the most modest spaces into highly functional homes. Many people might think that it would be silly for a smaller home to need expert design advice but having someone come up with thoughtful solutions can be transformative. Professional designers experienced with utilizing small spaces can often identify opportunities for storage and functionality that homeowners might miss.
In recent years, tiny homes or ADUs (Accessory Dwelling Units) have gained significant popularity, challenging traditional notions of homeownership and spatial requirements. These smaller dwellings offer exciting opportunities for creative space planning solutions, whether being rented out or as a primary residence. While not suitable for everyone, they highlight the potential for creative ways to increase density in some of the most desirable neighborhoods in Denver. With density comes having more sustainable communities. Many Colorado municipalities, like Denver, are now updating zoning laws to accommodate these alternative housing options, recognizing their potential to address housing shortages and sustainability goals.
Smaller homes can foster a stronger sense of community and connection. With less space to fill and maintain, people may be more inclined to spend time with friends and family, either in shared community spaces or local gatherings. Additionally, living in a smaller home can encourage you to participate in local activities and events, leading to stronger neighborhood connections and a more vibrant social life. Imagine the benefit for local businesses like Spinelli’s Market in South Park Hill or Edgewater Public Market in Edgewater to have a larger customer base.
For some, a smaller home might be a strategic move to live a fulfilling life with a physical disability or age in place comfortably and safely. A smaller, single-story home can be easier to navigate and maintain, reducing the risk of accidents and falls. Features like wider doorways, grab bars, and accessible bathrooms can make everyday living more convenient and safe. Furthermore, lower maintenance requirements and reduced energy costs can significantly reduce the stresses of homeownership. The financial benefits of going smaller can also help fund long-term care needs or other retirement expenses.
The most challenging part of going smaller is finding a suitable house in today's competitive real estate market. The housing market can be particularly tight for well-designed homes that have potential, as they're increasingly sought after by both downsizers and first-time buyers. It's important to be patient and flexible when searching for a new home, and to work with good real estate agents. Reaching out to a design firm like Land Agency is also an excellent choice to give expert opinions for such an important decision.
Most of the time, houses that are considered a good "starter" home can become "forever" homes as families are able to grow with the house and are able to save money for future improvements. Home offices can become nurseries that can become bedrooms, living rooms can flex between entertaining and working from home, there are many creative ways to have a home adapt to life. The money saved on having less square footage over the years really adds up and allows for investing it in quality finishes, thoughtful additions, and enjoyable outdoor spaces. It's a whole new way of thinking about the American Dream – one that's less about wasteful McMansions and more about creating a home that actually works for modern life.
Remember, transitioning to any house can be both an exciting and a challenging journey that requires careful planning and emotional preparation. It's important to set realistic goals and expectations while remaining flexible throughout the process. Don't be afraid to seek help from professional designers who can provide expert advice and guidance for maximizing your new space. By taking a thoughtful and methodical approach to organizing, you can create a beautiful, functional, and sustainable home that not only reflects your unique style and values but also supports a more intentional and fulfilling lifestyle. The key is to focus on quality over quantity and to remember that well-designed smaller spaces can often provide more satisfaction than a larger home that doesn't align with your needs and values. The bottom line? Whether you're downsizing by choice or starting smaller by necessity, the principles are the same: smart design, intentional living, and the realization that sometimes, less square footage leads to more life.