Tips for Determining the Right-Size Home for You

By Toll Brothers 3 minute read

Last updated on August 24th, 2022

When it comes to buying a home, size matters. In addition to the impact it makes on your overall cost of living, it can affect your comfort, ability to work from home, and future lifestyle plans. If you are starting to house hunt, it is best to think about what size house you need not just right now but also down the road.

 

Your Current Home

The space you have in your current house can help you determine what you need in your new home. Start by analyzing the number and type of rooms, then assess the square footage. Where do you need more space? Where do you need less space? Your answers will depend on your current situation and life stage but will go a long way in helping you figure out how many bedrooms and bathrooms you’ll need to look for.

 

Your Future Plans

Now that you have a solid understanding of your current needs, think about your future needs. If you are just married, you might only need a bedroom or two right now, but think about any future children and kid-friendly spaces, like a mudroom or playroom, which may play into those plans. Empty-nesters should consider if their adult children or aging parents might move in to live for a while. Although It can be difficult to predict the future, it never hurts to plan ahead when figuring out what size house you need.

 

Your Dreams

What have you always dreamed of having in a home? Maybe it is a front porch with a swing, a finished basement with a wine cellar, or a large movie room. Even if they all aren’t attainable, your list should include spaces that would be the “cherries on top” of your new home purchase.

 

Additional Considerations

A few other areas of the home that are good to think through before starting your house hunting process are:

The Yard

For many, the yard is almost as important as the house. Outdoor living continues to grow in popularity, making it more desirable to have a bigger yard. Also, if you have, or plan to have children, you may want space for a swing set or an area where they can run around. If you have a green thumb, space for a garden may be another important consideration. Don’t forget maintenance, though. A larger yard means more work and costlier upkeep.

Storage

Storage is an often-forgotten necessity that needs to be added to your list. When you move into your new home, you’ll be glad you thought about where to keep your holiday decorations, tools, and all the other items you want to store away, just in case you need them one day.

Basement

In tornado-prone areas, a basement comes standard with most houses. In other areas, it is a wish-list item that adds more living space. If you decide you want a basement, consider all the different options you have for finishing it.

 

Analyze Your List

Based on the above considerations, make a list of all the rooms you want, along with the estimated square footage needed in each. Then, organize them in order of priority and divide them into “must-haves” and “nice-to-haves.” Add up the square footage of the “must-haves” first. This will give you the basic size you need in a home. Next, calculate in the “nice-to-haves” to get a range that fits your current and future plans.

 

Final Thoughts

House hunting can be a lot of fun, especially when you have a solid understanding of how much room you need to meet your current and future lifestyle plans. When you’re ready to start your search, check out TollBrothers.com, where you will find a full range of beautifully designed homes built in the best locations across the country.

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Embracing an unwavering commitment to quality and customer service, Toll Brothers currently builds in over 60 markets in 24 states nationwide, and is a publicly owned company with its common stock listed on the New York Stock Exchange (NYSE: TOL). Toll Brothers was named the World’s Most Admired Homebuilder in FORTUNE magazine’s 2022 survey of the World’s Most Admired Companies®, the seventh year it has been so honored. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information, visit TollBrothers.com. ©2022 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Toll Brothers.

  • 2 Comments

    1. Nicolle Williams says:

      Looking for a spacious (@ least 3,500 sq ft) new construction 2 story 5BR, 3.5BA (master bedroom other bedrooms & laundry room upstairs…guest bedroom, full bathroom, & powder room on the first floor , Double ceiling foyer, double ceiling living room, curved staircase or catwalk staircase, gourmet kitchen with a oversized island,swimming pool in North Jacksonville $250,000-$300,000.Close to interstate & shopping.

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