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Buyers Are Buying Larger Homes

By
Real Estate Agent with Robin Scott, REALTOR® 467100

Now that's what I'm talking about! For years I've been reading that the homebuyer is downsizing and that has not been my experience. Possibly in dense communities with high home prices like New York City, people were down sizing so they could move to an afordable property but here in Austin, Texas I see people looking at homes larger than previous surveys have shown.

According to a 2009 survey from the US Department of Housing and Urban Development buyers want bigger homes. Apparently statistics have changed a lot since the '70's and why not - that was 40 years ago. So, now the average home size is around 2,300 sq. ft. and with more than 3 bedrooms, 2 bathrooms with the average age of a home owner at 36 and 68% of homes being owner-occupied.

My experience shows most home owners are looking for 3 bedrooms, 2 bathrooms and around 2,300 sq. ft. with a place for a home office.

If you are interestd in buying a home at any criteria, I'm available to help so call me to schedule a time we can talk about how I can help you. 512.589.7988.

Austin, Texas Homes for Sale. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.

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I want to be your REALTOR. If you are thinking of selling a house, give me a call. I'm happy to answer any questions you may have about the seller's disclosure or other matters involving selling a home. 512. 589.7988.

 

If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin@robinscottrealtor.com

 

Austin, Texas Homes for Sale. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.

 

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Sandy Wagner
RE/MAX Professionals 253.225.8322 - Gig Harbor, WA
Short Sale Specialist Tacoma, WA, and Gig Harbor,

I'm not seeing that here, but I'm glad to hear you're experiencing it!

Oct 27, 2010 07:17 AM
Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Robin, I've had both kinds of buyers. Most are increasing home size! My down-sizing seller said she and hubby were tired of cleaning nearly 4000 sq. ft. for only 3 people. Their youngest graduates in 2 years...so down-sizing made sense for them. :)  Isn't it nice to live/work in a healthy market!! :)

Oct 27, 2010 07:22 AM
Brenda Tressler
Crye-Leike Realtors - Clarksville, TN

Hello my Friend.. I just wanted to stop by and say hello and to let you know that I was thinking about you. I am seeing both here too... but we have Ft Campbell and I think that has kept our market going. Best wishes and have a great week-end :o) Brenda

Happy Halloween!

Oct 29, 2010 03:32 AM