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Trends in Residential Single-Family Homes
The industry trends in home plans for average single-family homes are in for 2013 from the Survey of Construction (SOC), a partially funded analysis by the Department of Housing and Urban Development (HUD).   Of the 569,000 single-family homes completed, the average house plan was 2,598 square feet. That would be similar to this 2,525 square foot four bedroom, three bath ranch style home plan from The Plan Collection. There is a spacious great room, and plenty of room for entertaining on the spacious grilling porch.   The SOC analysis also showed the average sales price of new single-family homes sold in 2013 was $324,500, compared with the average price of $292,200 in 2012. The average new single-family Read more
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Published On : 06-06-2014
Author :Brian Toolan
883 Views
Today’s New Single Family Homes: Building Bigger for a “Forever” Residence
Today’s New Single Family Homes: Building Bigger for a “Forever” Residence -  Goodbye “McMansion,” Hello, Friendly and “Built-to-Last” -     From the extra bedroom to the unfinished bonus areas, most home buyers in 2013 chose plans that provided plenty of living space for their families – and to enjoy with them.  A new study - U.S. Census Bureau 2013 Characteristics of New Housing - showed that the average size of a new home was a record-setting 2,598 square feet. This figure of almost 2,600 square feet topped 2007’s record of 2,500 square feet. While a casual observer may conclude this represents a return to the “McMansion,” a closer look at Read more
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Published On : 06-16-2014
Author :Brian Toolan
1583 Views
 
Regional Trends in Single Family Homes: Size, Price and Design Features Vary
According to a recent study from the National Association of Home Builders (NAHB) the regional differences in new single-family home characteristics are substantial. The study was based on an analysis of the 2013 Census Bureau Survey of Construction, and found major differences in building materials, design features, price and financing.   New England homes are the most expensive, with a median sales price for a new single-family home at $400,000. The least East South Central and West South Central regions have the least expensive homes with a median sales price reaching from $221,000 and $223,000. The home size does not necessarily correlate to the prices. For instance, some of the smallest house plans with the median size of 2, Read more
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Published On : 11-11-2014
Author :Brian Toolan
350 Views

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