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| Smaller Houses Setting Real Estate Trends All Over The U.S.! |
| Written by Gavin J. King |
| Wednesday, 23 December 2009 08:22 |
|
The recession has created an interesting tendency in real estate construction, little houses that are more affordable and more energy efficient. The American Institute of Architects has reported a 59% change in the number of home builders in the U.S. featuring little homes and those trends are only reflecting the market trend of buyers preferring smaller scale homes.
The recession has created an interesting tendency in real estate construction, little houses that are more affordable and more energy efficient. The American Institute of Architects has reported a 59% change in the number of home builders in the U.S. featuring little homes and those trends are only reflecting the market trend of buyers preferring smaller scale homes. As everyone's IRAs hit the skids in early 2008, so did the demand for larger homes causing a lot of the chaos still being ironed out in the real estate market. The average size of new home construction plummeted over 9% as home buyers and builders lined up their home needs with their pockets books. Expenses are often being reduced on these little residences by using part from other homes or outbuildings again in their construction. Old barns and homes that are being torn down have supplied many materials that can be used again for the builders who are constructing little homes. Given that the smaller residences are much cheaper in value and can still have many of the extravagances of larger homes, you can understand why the trends are pointing up for them. The small homes one California builder makes can be put on a foundation or on wheels. He sells plans for a little under $999 and builds mobile, small residences for around thirty thousands dollars. He says that building a small home is similar to having a suit tailored to fit. Since it is a custom home, every plan has specific inclusions that are important to the home owners. Given the limited amount of space, many of the small residences have built-in space saving features and can store as much as larger houses. Major corporations like Lowe's, the home improvement retailer, vends it's own "Katrina Cottages" designed to counter F.E.M.A.'s toxic trailers. Since so many of the smaller scale homes seem crowded already, their owners tend to have a reduced desire to accumulate extra material possessions the way larger home do. Many homeowners are taking those exact thoughts to heart and exchanging their energy "McMansions" for little, if not more humble homes. Many people prefer the modern features of larger residences, but you do not have to go without when you buy a little home. Appliances and features likes double door refrigerators and claw foot tubs are all the rage in the mini-residences being built. With economy in mind and luxury featured, these home are drawing a higher degree of green buyers too. Featuring reduced energy costs and lower mortgage payments, little homes are really an easy sale. little home favor lower ceiling heights that make energy efficiency easier. Regardless of if the climate is hot or cold the energy efficient traits of smaller houses pay off due to the fact that you are treating a smaller volume of air. In addition to the previously listed traits, a smaller scale home will also increase the best use of your building lot in many ways. Given that a smaller scale footprint on the lot will allow for more room to grow gardens, put up gazebos and landscaping. Putting up that extra concrete pad for a basketball hoop may even be a reality! About the Author: The author enjoys writing articles about boise idaho christian real estate agent & reos in boise idaho. Click on the above links to learn more about these topics! |
