How to Figure Out What Size Apartment You Need

Have you decided to move into your first apartment? If you aren’t sure how big your new apartment should be, there are a few ways to determine the right size for you. Most of the time, your choices are a studio apartment, one-bedroom, two-bedroom, or three-bedroom. Obviously, the size will vary based on the number of people living there. 

A studio apartment typically is one area where the only separate ‘room’ is your bathroom. You will cook, eat, sleep and relax in the same space. A one-bedroom apartment is best for an individual or a couple. Most one-bedrooms feature a full-size kitchen, separate living space, bedroom, and bathroom. A two and three-bedroom apartment are similar, separate living space, bathroom(s), and two or three bedrooms. 

Consider your priorities. How many people will you be living with? Do you like to entertain? Will you host overnight guests? What amenities do you prefer your apartment complex to have? Pool, fitness center, movie theater? All this will cost extra, but it’s nice to look at all your options. 

Renting vs. Owning

Deciding whether to rent or buy your home is a major decision. Renting your apartment or home means you can move out when you want (when your lease ends). When renting, you know the exact amount you will spend each month. No unexpected expenses, no roof repair or fixing broken appliances. Another advantage of renting is that you have no yardwork or household projects that need to be taken care of. So your nights and weekends are free to do what you want. 

When buying or owning your home, your mortgage payment will (likely) be the same for the life of your mortgage. You can customize your space in any way you want. You will receive tax benefits, and when you own a home, you may be more likely to put roots down and connect with the people in your community. Find the right area to live in and buy your home. For example, Calgary homes for sale are flying off the market due to the economically strong job market and the beauty of living in Canada, Canada’s younger population, and the friendliness/welcome feel of fellow Canadians. 

Buying or renting a home in the current market can be challenging. The market is booming, so either way, you want to be persistent and have an agent helping you. Whether you rent or buy is your decision. It’s about your comfort level and your vision on life. Don’t let others persuade you one way or the other.

Until next time. Live a life you love!

Xo Jessica!

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