How small is "small"?

If given a choice most trailer owners would probably like as large a fresh water tank as they can get, just for the convenience. However, there are practical limits as to how large the tank can be so in many cases you'd still likely have to on load fresh water periodically during your camping stay. The trick then is to have a method of conveniently doing so ... I collect mine using six 7 gal Aquatainers sitting in the back of my TV and use a pump to transfer water into the trailer's 40 gal FW tank. Even over just a long weekend stay my FW tank would have to be 3 times that size if I wanted to avoid having having to go get more water

... not practical at all.
Grey water tank size I don't care about much as there's not a tank in the world large enough to even get us through a couple of days of camping as we always use our camper's shower and never use the bath house facilities. I have to off load my trailer's 32 gal GW tank anyway so a larger tank would only delay the inevitable but since I can easily off load GW by simply pumping it into a set of GW Aquatainers sitting in the back of my TV having a larger GW tank wouldn't offer me much advantage.
Black water tank size is the
most important to me as I have no interest at all in servicing the tank while camping nor ever having to visit a dump station to do so as I always service it at home using my
Poop Cannon. My travel trailer has a 32 gal BW tank which will easily get our family of four through at least 10 days of continuous camping. We rarely camp in one location that long so the only time I might have to deal with the tank is when we're on a long multi week trip, in which case I simply macerate and off load the BW into a set of Aquatainers sitting in the back of my TV for a trip to the dump station.
The importance of tank size is all in how you manage them and unless this trailer you're interested in has awfully small tanks I'd not consider it worth the time and effort to try to fit larger tanks. If this is a smaller trailer then the manufacturer has likely installed the largest size that will fit and that with content won't overtax the trailer's suspension system or force the trailer's GVW to exceed it's GVWR.