According to a recent article in the Wall Street Journal, builders are cutting the cost
of materials and construction and reducing the purchase price of new homes by
shrinking them.
These homes have tighter living spaces. Gone are living rooms in
favor of family rooms. Dining rooms and space for a table in the kitchen are
replaced by a larger kitchen island, which can also be the centerpiece for
entertaining. Bathtubs are replaced by showers.
The average unit for new housing starts has decreased 10% nationally to 2,420
square feet, according to Livabl by Zonda, a listing platform for new construction
homes. There is also an increase in attached homes—1,500 to 1,700 square-foot
townhouses.
If you are interested in smaller homes or newly constructed properties drop me a line. I am happy to help with your search!
