The house we've lived in for 20 years was built in 1929 and when I tell people, they always say, "Oh-- It must have LOTS of character." ...No, it doesn't. It's a small 2-story (around 1,500 sq. ft.) with a basement and came with only TWO closets!
Hubby built a combo pantry/coat closet off the kitchen, added a closet in 1 of the three bedrooms for his clothing, and we're planning one extra for the guest bedroom for storage and better accessibility for my clothes. There's no linen closet and our only bathroom is small-- even has a clawfoot tub, cute, but really takes up a lot of space. Our basement is unfinished and leaks with heavy rain, so is damp much of the time-- bad for storing anything you'd like to keep decent. I also wish that we had an attached garage. I have to come from our parking area behind the house and walk down a flagstone walk to lug groceries and whatnot to the house. No big deal except in bad weather. (The garage we have is just for storage so our cars sit out in all the elements.)
The positives: We have a great, fairly nice-sized yard compared to many other properties in our town, that my husband has planted with many different plants, shrubs, and trees over the years. It looks especially nice now in the Spring. Also, we redid our kitchen a few years ago, so I'm happy with it. There's a nice sunporch on the front of the house full of houseplants, but I don't spend a lot of time there because the street that runs in front of the house is often busy with noisy traffic. I don't mean to sound so negative about the house-- I'm very thankful for it and it's in a great small town where people are willing to pay for very over-priced homes (IMO) to live here. But, what has recently made me happiest about our home is: We paid off our mortgage last month!
Now maybe we can use money to make some more improvements.
The next home we buy will be for our old age. We have 3 flights of stairs in this one with washer/dryer in the basement and all 3 bedrooms and bath on 2nd floor. We will also want less yard to take care of. And of course, an attached garage would be wonderful!