If you want to buy a house and be 100% satisfied with your decision, square footage should always be at the top of your priority list. You need to know that your new home will fit all of your furniture as well as your family, and you need to know you’re getting a good deal. Knowing the facts about the value of square footage is one of the many reasons why home buyers choose EXIT Realty Nexus to guide them through the home-buying process.
Their agents are experts in the Coon Rapids, MN, real estate market, and they want you to consider these three size options before you buy a house:
- Small Spaces: The average studio apartment has around 500 square feet of livable space. The lack of storage space is often deemed worth the extra organization because of the affordable rent price. The most important thing to consider when purchasing a 500-square-foot apartment is that value will depend heavily upon location. A studio apartment in Coon Rapids won’t cost the same as one in NYC.
- Moderate & Manageable: For those first-time home buyers looking to spread their legs, a 1,500 square-foot home is always a good option. This size includes most townhomes, double-wide trailer homes, bungalows, and some ranch homes. While the price varies across the country, these mid-size properties are usually attainable for many first-time home buyers and come with the added benefit of lower utility bills and easier cleanup.
- The Average Abode: According to U.S. Census Bureau data, the average single-family home built in 2015 is around 2,400 square feet. Cost per square foot always varies depending on location, and these average homes can range from $553 a square foot to less than $200 a square foot. With that kind of space, you can look forward to four or more bedrooms, three or more bathrooms, and good-sized living spaces when you buy a house of that size.
Choosing to buy a house is one of the biggest financial decisions you’ll ever make, and you need the real estate experts at EXIT Realty Nexus to ensure you end up with a perfectly-sized home at the perfect price. Call them today at (763) 757-3948, or visit their website to check out local listings.