This past year was the first time since 1984 that the average size of a new home decreased
in square footage.
New homes are now 7% smaller, or the size of one average sized room. Specifically, the median square footage fell to 2,065 square feet in the first three months of this year, compared with the same period last year, according to the U.S. Census Bureau.
Just like McDonalds had to revamp their menus offering healthier options, so too is our penchant for "McMansions." It sure does cost less to heat, cool, and run a smaller house - not to mention taxes are lower.
Susanka, author of the book, The Not So Big House, says "A new ethic is arising right now that will become commonplace. As more and more people build or remodel homes that satisfy in quality rather than quantity, there will be a huge shift in what we perceive as desirable."
Susanka posits the current downsizing trend mimics one of 100 years ago, when small bungalows replaced large and ornate Victorian homes as Americans's design of choice.
CNN MONEY plauses it could also be the recession citing Kermit Baker, the chief economist for the American Institute of Architects. "Home size gains flatten out or decline during recessions, and we're in the midst of the most serious housing recession in decades."
Personally, the shift in attitude towards conservation of resources and lightening our carbon footprint is refreshing. Leonardo da Vinci quipped, "Simplicity is the ultimate sophistication.
And, if you're looking for the perfect smaller homein the Kennett Square area, contact me for information about TMG builders and Pennock Greene