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> Here, a 300-400sqft single-bedroom apartmant would be considered standard and suitable for a single or 2-person household with median income. A two-bedroom 50
by MattGaiser 6y ago
> Here, a 300-400sqft single-bedroom apartmant would be considered standard and suitable for a single or 2-person household with median income. A two-bedroom 500-600 sqft apt would be considered just fine for most families with 1 or two kids (esp. if those kids). Anything above that gets you into upper-middle class or above. Alternatively, a 4-member family with two minimum incomes could get by with 400sqft (it'd be cramped but wouldn't be considered outrageously small).
As a Canadian, that seems like so little space. In university, I rented a condo with my brother and it was 900 sqft for two. I have considered what kind of property I would want for my first and 1100 sqft is probably what I would buy and my family might convince me to buy a full fledged detached (1900 sqft). Keep in mind that neither sqft figure counts any basement space. My parents have 1900 sqft and find that cramped with work from home.