Housing Bubble 2: Return of the Ugly

It's really dependant on how the layout is. Generally 1500sqft isn't a problem however if it has 5 rooms squeezed into the house it begins feeling cramped especially if you have a large family. I have 1800sqft and the first floor has plenty of space but upstairs has a low ceiling (6.5ft) and about a 2ft wide hallway leading to 2 full bedrooms, a full sized bath, and a small guest room that's only slightly bigger than a broom closet. There isn't a way to have rooms downstairs so I consider my upstairs cramped but my overall living conditions fine. Now imagine a single floor utilizing that space needing just as many bedrooms and it begins getting cramped with the kitchen, living room, dining room.

How often do you host dinner parties? How often do more than 4 guests attend? Do you want to have family over for the holidays? Do you ever plan to have kids? These are pretty common reasons to need at least 2 baths and 3 bdrms.