House size

Hi Everyone,

Just wondering if 20Sqm house is small or average? (I am new to property market)

TIA

 

Depends if its total area, living area etc. and where you're building, land size and so on.

 

It includes double garage, living area, 4 bedrooms and 2 bathrooms. it is built on 440 sqm.

 

Assuming you mean 20 squares (a square is 3 feet x 3 feet) ? or do you mean 200 square meters ? They are actually similar in size, Either way, its a small to moderate house. Hope that helps

 

It doesn't much matter how big but how you use it (apparently).

The value is in the land. It it were on a large block then it may be undercapitalised.

 

Hi

That's a vague question. Depends on area / suburb / targeted demographic / etc.

Are you building or buying.

What is small in Western Sydney may be monstrous in Newtown.

If everyone is building 2 bedroom apartments, it may be more profitable to build studio apartments.

The best place to look is the profileid website which contains ABS data on an areas demographics.

Then call REA and look at the area statistics in magazines to see what the market expects when purchasing a property.

Also ensure you're maximizing your layout. Smaller places may seem a lot bigger when built with functionality in mind.

Note:
I assume you mean 200sqm or 20sq not 20sqm which would be a tiny home on a trailer.