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New Home Sizes are Down; Cents & Sensibility

By
Real Estate Agent with HK Lane, Christie's International Affiliate, 760-285-3578 DRE #01329387

New Home Sizes Down; Cents & Sensibility.  Reports from the National Home Builders Association are find that first time Buyers and our ever increasing 55+ population have different preferences for New Homes.  They want less square footage, less costly upgrades and more green amenities.  The following is from the New York Times...

House Must-Haves

Builders, attempting to respond to those consumer demands as well as hold the line on prices, told the NAHB surveyors that they were most likely to include these features as standard in their houses this year:

  • Walk-in closets in the master bedroom.
  • Laundry rooms.
  • Insulated front doors.
  • Great rooms.
  • Energy-efficient windows.
  • Linen closets.
  • Programmable thermostats.
  • Energy-efficient appliances and lighting.
  • Separate shower and tub in master bathrooms.
  • Nine-foot ceilings on the first floor.

Among the things that builders said they were least likely to add to houses in 2010:

  • Outdoor kitchens.
  • Outdoor fireplaces.
  • Sunrooms.
  • Butler's pantries.
  • Media rooms.
  • Desks in kitchens.
  • Two-story foyers.
  • Eight foot ceilings on the first floor.
  • Multiple shower heads in the master bath.
  • Smaller kitchens.Cents & Sensibility. 
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Kimberley Kelly, RealtorKimberley Kelly,   Land, Ranches or Residential properties in the Palm Springs Valley of California. Follow this link to Meet Kim!

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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

This kind of report is very interesting and informative.  It helps to understand the direction the buyers are going.

Jan 23, 2010 12:58 AM
Kimberley Kelly, SFR, HAFA, GREEN
HK Lane, Christie's International Affiliate, 760-285-3578 - La Quinta, CA
I do Real Estate like I played polo-to WIN!

I thought so too Tim!  Always good to read about different ideas as to how the market is heading..

Jan 23, 2010 01:15 AM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Kimberley...I'm part of the least likely...a sunroom sounds great...Cherise

Jan 23, 2010 01:32 AM
Jody Lautenbach
Century 21 Premier Associates - Pella, IA

It seems that buyers are going green and wanting smaller space with more in it.  Less time at home if living life on the run makes less to keep clean too! Great blog.

Jan 23, 2010 01:45 AM
Joseph Keech
Blue Atlantic Properties - Leland, NC

Definitely have seen the shift, where smaller is OK. People are spending more time thinking about what their real needs are. 

Jan 23, 2010 03:18 AM
Kimberley Kelly, SFR, HAFA, GREEN
HK Lane, Christie's International Affiliate, 760-285-3578 - La Quinta, CA
I do Real Estate like I played polo-to WIN!

Cherise:  We don't need sunrooms here in the desert..our entire outdoor living spaces are sun rooms!  Ha!  I have found my buyers are definately more concerned about size of the home and the actual amenities they need as opposed to what they "want."  I agree Joseph and Jody..

Jan 23, 2010 05:50 AM