When it comes to buying a home, the biggest debate almost always falls to what’s more important, location or space. While this is definitely a matter of budget, it’s important to consider the pros and cons of each. As your Bend Oregon Realtors, we’re here to break it down for you.
For many the location of a future home has a lot to do with family. If you have children you want to be near good schools, parks, and in a good neighborhood. If you don’t have children, you might desire to be closer to different amenities, like shopping or restaurants. If you’re in between perhaps you’re planning ahead and want a different space to grow into.
If you’re looking with a family it can be hard to find the home of your dreams while still being close to the amenities you desire. Many new homes that are built have much smaller living spaces and bedrooms, which can put some buyers off that are looking for more space.
As homes get smaller, so that developers can fit more homes in, size is becoming much more important than location. New build homes are getting close to half the size of homes build in the 50s. Three-bedroom homes are no longer a big three bedrooms, they feature two small bedrooms, and one smaller room that can function as a small office, but is legally defined as a bedroom. Two-bedroom homes are now more like one bedroom, with a small office. With a growing population in most areas, and especially in the Central Oregon Real Estate Market, size is now a hot commodity.
Finding the perfect location is still important to buyers, but the need for enough space is now overwhelmingly more important. In the great debate between location and space, location is now winning out, with many more buyers sacrificing their location needs in order to have more space to love comfortably enough.
As the trend continues, the larger homes and properties with more space will become harder to find. Enlist the help of your Bend Oregon Realtor to find the perfect property before space is less common. When spacious homes become scarce, home buyers will turn to the location less and less.
Either way you get onto the property ladder is recommended. If you buy the property of your dreams but outside of the location you desire, or a small home close to everything you want, you’re still becoming a property owner. Call Duke Warner today if you have questions about how location vs. size could impact your house hunt in Central Oregon. Our Bend Realtors are ready to help find what’s best for you.