I lived in a 1200 sq foot home. It's good for a couple, but not that great for pets and kids. My house only had 2 bedrooms. Also not good for resale value because most home buyers go for 3 bedrooms. I bought that house as an investment property. I was single, so I planned to move into a family home that my future husband and I would pick out together. I got married, so I moved to a 3 bedroom, 1800 sq foot home, and rented out my first house. It was the perfect rental!

Anyway, my advice is that - this is buyers' market right now. There are more houses than there are buyers. For every home purchase, you always feel like you have to pounce on it otherwise, somebody is going to jump in and you'll lose out on the opportunity. This is not a good enough reason to pick a house though. You did the right thing - set criteria that you have to have in a home, establish a price point, then find the house that would match. It is always best to move on a house that has EVERYTHING that is in the criteria. Things like - the paint color is ugly is not that important - that's easy to change. But air conditioning is a biggee. So, you have to make sure you are up to the challenge of putting ac unit in.

When I bought this house I have now, it only had 1 sink in the master's bath. My have-to-have list included 2 sinks in the master bath. But, I figured, I can install another sink, no problem. It's been almost 5 years, I still don't have the 2nd sink...