We are in the process of buying our first house, and it's a PERFECT, charming, 1200 sqf farmhouse. I know that it might not qualify as "small" for some of you, but there are six of us (so far
), and the response we get from nearly everyone is, "but it's soooo tiny! You need more space!" I really wouldn't want it to be any bigger (though I realize that I might feel differently when we have four TEENAGE boys living with us, at which point we could build an addition if we so desire).
The main issue we're having is that it has radiators in every room, which really limit where you can put furniture. I suppose that it's something we could change at some point if it turns out to be a real problem (I'm thinking it might in the kids' room since we want to fit four beds/two bunkbeds in there eventually, and between the windows, doors, and the radiator, the options are limited). We are also planning to install a woodstove this fall, so we might be able to take out a couple of the downstairs radiators if we find that we're not using them.
But I must say that I feel so great about buying a smaller, more manageable house than some of the huge (and often falling-apart) 2,000 sqf+ houses that we looked at.