Boise Real Estate: Big Homes are OUT

Just one of the services we provide as leaders in the Boise real estate community is keeping our visitors and clients up to date on the latest trends and happenings in the real estate world. This blog is just one method of outreach for sharing our available Boise homes and the real estate market news you need to know. On to the latest:

Trends are showing that buying a super-sized home in todays market could lead to woes down the road when it comes time to sell.

A study by the National Association of Home Builders states that by 2015 new homes will be 10% smaller, green, and packed with more technology and features than today’s homes.

The NAHB’s study on new homes in 2015 caters to the reality of the economic downtown and the developing “less is more” movement that has come to include everything from homes designed with fewer frivilous features and smaller “pocket neighborhoods” with smaller homes.

The study itself covers answers from over 230 home building professionals including home builders, architects, designers, and manufacturers who say the average new single family home in 2015 will be about 2,500 square feet. This is a good 10% smaller than the average homes started in 2010 and the first major change to come since 2007.

Even these new smaller homes may yet be too large considering the fact that more than 60% of all US households are made up of only one or two people according to the Census Bureau.

These small homes do have their perks however. Smaller homes cost less to build and maintain especially when it comes to heating and cooling costs. As the population itself ages and tight mortgage is tight these smaller homes will be a great benefit for those in need of afforable living.

Other key points of the report:

The living room is no more! The traditional concept of the living room will either disappear or merge with a “great room” style or become a smaller personal parlor.

Other rooms that get the out will include a third bathroom, fourth bedroom, dining room, or bonus room.

Greener living. From “low-e” windows to engineered beams and air flow design the homes of the future will be change not only HOW the homes are built but WHAT they are being built with.

Collective design. More technological conveniences that require less room and feature options to help better adapt a home for people of numerous age ranges and personal preferences.

There’s nothing wrong with loving luxury, and everyone likes to have plenty of room to grow and play. No matter what kind of homes in Boise you may be looking for The Blake Mayes Team can help you find them! Contact us today to find the real estate in Boise you’ve been dreaming of!

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