What is your favorite benefit of your smaller home?
This may seem very "scroogish", but one of my favorite things about my house is that we don't have a guest room. We have a couch in the living room that can accomodate one person in a pinch, and in an emergency, we could do pallets on the floor.
The benefit of this was really brought home last week. My sister-in-law, her daughter, and her very badly brought-up grandsons popped in on their way to Disneyland from Massachusetts. After a few hours of back-talking little boys (and grandma and mom not addressing the behavior AT ALL, I was very happy to say "good-nite, enjoy the hotel".