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> Most houses on the market are over 3,000 The average size of new single family homes in the built in 2019 in the U.S. is around 2,500 sq. feet.

WarOnPrivacy 6y ago
Averaged sized US home is 1760 sq ft. In my market it's smaller. Sub 1000 is common for detached. ref:https://www.homes.com/blog/2018/10/states-with-the-largest-and-smallest-homes/ https://www.homes.com/blog/2018/10/states-with-the-largest-a...
- scarface74 6y ago
  The average size of a new home is 2623 square feet. https://www.investopedia.com/articles/pf/07/mcmansion.asp https://www.investopedia.com/articles/pf/07/mcmansion.asp
  - WarOnPrivacy 6y ago
    Your article seems to indicate that new homes are so large that they're inflating the (new home only) average. However, that's easier to do during a long period of reduced new housing starts.[1] What we have is a smaller number of super-homes, being built for a limited clientele. That doesn't translate into a larger home available to most Americans. I believe what best reflects our actual choices is our actual choices - which is average home size. [1]https://tradingeconomics.com/united-states/housing-starts https://tradingeconomics.com/united-states/housing-starts
    - scarface74 6y ago
      There are other reasons that houses sizes are large for new homes. It costs a lot for a builder to get permits, buy the undeveloped land, etc. They want the most bang for their buck. https://www.curbed.com/2020/3/10/21168519/homes-for-sale-american-home-suburbs https://www.curbed.com/2020/3/10/21168519/homes-for-sale-ame... I live in the burbs of Atlanta. We purposefully got the smallest floor plan the builder had. We still ended up with 3100 square feet. At the time in 2016, the builder only required 5% down - $16,500. We even got some of that back at closing because an FHA loan was only 3.5%. We pay less than $2200/month all in. I don’t think many people on the west coast realize how relatively affordable houses are in the burbs of most major non west coast cities. In Atlanta, your average SaaS CRUD developer can easily afford that making low $100K which they can make with five or six years experience. On the other hand your average couple making $60K each - two teachers could afford that.

WarOnPrivacy 6y ago

Averaged sized US home is 1760 sq ft. In my market it's smaller. Sub 1000 is common for detached. ref:https://www.homes.com/blog/2018/10/states-with-the-largest-and-smallest-homes/ https://www.homes.com/blog/2018/10/states-with-the-largest-a...

scarface74 6y ago
The average size of a new home is 2623 square feet. https://www.investopedia.com/articles/pf/07/mcmansion.asp https://www.investopedia.com/articles/pf/07/mcmansion.asp
- WarOnPrivacy 6y ago
  Your article seems to indicate that new homes are so large that they're inflating the (new home only) average. However, that's easier to do during a long period of reduced new housing starts.[1] What we have is a smaller number of super-homes, being built for a limited clientele. That doesn't translate into a larger home available to most Americans. I believe what best reflects our actual choices is our actual choices - which is average home size. [1]https://tradingeconomics.com/united-states/housing-starts https://tradingeconomics.com/united-states/housing-starts
  - scarface74 6y ago
    There are other reasons that houses sizes are large for new homes. It costs a lot for a builder to get permits, buy the undeveloped land, etc. They want the most bang for their buck. https://www.curbed.com/2020/3/10/21168519/homes-for-sale-american-home-suburbs https://www.curbed.com/2020/3/10/21168519/homes-for-sale-ame... I live in the burbs of Atlanta. We purposefully got the smallest floor plan the builder had. We still ended up with 3100 square feet. At the time in 2016, the builder only required 5% down - $16,500. We even got some of that back at closing because an FHA loan was only 3.5%. We pay less than $2200/month all in. I don’t think many people on the west coast realize how relatively affordable houses are in the burbs of most major non west coast cities. In Atlanta, your average SaaS CRUD developer can easily afford that making low $100K which they can make with five or six years experience. On the other hand your average couple making $60K each - two teachers could afford that.