As expected, age matters when it comes to size. Only 26 percent of baby boomers surveyed would upsize their homes, whereas 46 percent of millennials would like to add more square footage.
Only 32 percent of those surveyed would choose a home the same size as the one they’re currently living in if they decided to move within a year.
Out of survey respondents currently living in homes larger than 2,000 square feet, only 39.4 percent would choose a larger home, compared to 60.6 percent looking to downsize.
One interesting takeaway from the study is based on income. It seems the more affluent hope to minimize their square footage, whereas those with smaller incomes want to score more space. Seem backwards? It isn't. Fifty-three percent of those making more than $150,000 a year hope to downsize, whereas 65 percent of those making under $150,000 say that would snag a bigger spot if given the chance.