We probably have the smallest and oldest house among all our friends. Our bathrooms are "vintage" and quirky, our living room is just big enough for our sectional and a TV, there's no family room or big finished basement. Our kitchen still has these old cabinets from the 70's and a plain white fridge. No stainless steel, no marble countertops. But it's all paid for. We're in our 40's and have no mortgage and it's the best, most freeing feeling!!! I wouldn't want a ginormous home with all the updates if it means paying a mortgage for another 20 years. We'd prefer to save for an early retirement and do lots of travelling.