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Downsizing the American Dream: The shrinking house15 Nov

This is a really interesting article about how the average new home being built is getting smaller and how builders are responding to the new market by removing underused spaces in homes, like the formal living room/sitting room and even hallways. It also talks about smart growth developments, like Stapleton.

Home ownership has long been a symbol of the American Dream and for a while there, we supersized it. But since the recession, we’ve been downsizing it.

The median home size in America was near 2,300 square feet at the peak of the market in 2007, with many McMansions topping 10,000.

Today, the median home size has dropped to about 2,100 square feet and more than one-third of Americans say their ideal home size is actually under 2,000 square feet, according to a survey by real-estate site Trulia.

“The whole glow of bigness kind of wore off all of a sudden,” said Sarah Susanka, an architect and the author of The Not So Big House book series.

Builders are responding by chopping out rooms that people just don’t use anymore, particularly formal living rooms and sitting rooms.

“You’re not having the king and queen of England to dinner but Joe and Kathy from next door — and they’d prefer to be in your informal space!” Susanka said.

CLICK HERE to read more….

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