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Are McMansions Returning to the Housing Market?
Are McMansions  Returning to the Housing Market?
Prior to the housing boom we were experiencing a definite upsurge in the size and stateliness of homes in the U. S.  The modest ranch, split level and even capes were being outpaced by larger homes with significantly more square footage.
Once the crash hit us in 2009 builders began to pare down home sizes.  During that eventful year, the median home size dropped to 2,135 square feet bringing it close to the levels of 2003.  When that occurred, many thought that the days of the McMansion were at an end.
Are MacMansions back?
According to a recent article on house sizes are once again on the upswing.  Reports are that in 2010 the size of the average home started to increase once again and by 2012 the median home had reached a record high of 2,306 square feet.
Of course, here in New England where colonial styled homes are king, those numbers are probably be even higher.  It clearly makes sense that when buyers sell their starter home and move up to their dream colonial, they are going to want more space.
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