Yes I *love* label makers and ours was under $20 I think. I label everything. I consider it an extremely useful tool for keeping the house organized. Heck I even labeled my pens with their colors! All my binders are labeled with their contents - DVD backups, legal records etc.
Jilly - our house is actually a small colonial by standards around here. Each room is very small.
The basement is unfinished concrete. So it's great for storing things but not much else. Most houses around here have a basement like this.
The attic is unfinished wood beams that you can't stand up in. It is simply the space beneath the roof and you have to climb up a pull-down ladder to get into it. Houses in the north need pitched roofs to let the snow slide off so this is the "crawl space" beneath that triangle.
For the remaining rooms, it's a 4 bedroom house but each bedroom is tiny. So it's more like a 2 bedroom house that has been split in half

Then we have one full bath upstairs with those "bedrooms".
Downstairs we have a kitchen, living room, dining room and half bath which is where the washer/dryer is. So that bath is really tiny with the washer/dryer jammed into it. The dining room is now my office. So for visitors all the have is the tiny living room (full of Rock Band 2 stuff) and the kitchen with a table in it. Which is also tiny
