FAP Turbo

Make Over 90% Winning Trades Now!

Saturday, November 7, 2009

Small Homes Make Big Splash In Meridian homes!

By Gavin King

Many home buyers toward are edging toward a tendency many real estate industry scholars are surprised with; smaller and more affordable housing. It is reported that nearly 60% of the builders in the United States are building smaller scale homes, by the American Institute of Architects, and the higher demand for such construction is reinforced by the reduction in other costs of housing.

As everyone's IRAs hit the skids in early 2008, so did the demand for larger houses causing a lot of the chaos still being ironed out in the real estate market. With the lack of money came a desire for a smaller scale home that worked and the square footage average dropped by over 300 square feet.

Expenses are often being reduced on these little houses by using parts from other houses or outbuildings again in their construction. Old barns and homes that are being torn down have supplied many materials that can be used again for the builders who are constructing little houses.

The comparatively low price of 40-90 thousand dollars for a smaller scale home illustrates their true value, especially when viewed in the light of homeowners still receiving luxuries like modern homes.

Some creative California builders even make their small houses versatile enough to fit on either, foundations or wheels. He sells plans for a little under $999 and builds mobile, small homes for around thirty thousands dollars. He relates constructing a small home to tailoring a suit. Each plan has the homeowner in mind and is adapted to fit any specific desire or need they may express. The traditional construction that many small residences have to utilize are space savers like build in cupboards and storage space.

Major corporations like Lowe's, the home improvement retailer, vends it's own "Katrina Cottages" designed to counter F.E.M.A.'s toxic trailers.

Given the tendency of people with extra room to accumulate more stuff, the smaller home size helps many people deal with the materialist nature we all tend to have. Most homeowners are deciding to buy the more humble residences over the preferred "McMansions" of the latent past few years.

Many people prefer the modern features of larger residences, but you do not have to go without when you buy a smaller home. They smaller scale residences even feature amenities like claw foot tubs and double door refrigerators for those of us who prefer those appliances. With economy in mind and luxury featured, these home are drawing a higher degree of green buyers too.

Not only do smaller residences have a lower mortgage payment but they also have reduced energy expenses. The smaller scale homes tend to have an 8 foot ceiling height which is more energy compliant than a vaulted or cathedral ceiling. With fewer square feet in the floorplan, smaller houses require less energy to either heat or cool them off so you can save on your energy costs in a big way with them.

In addition to the previously listed traits, a smaller home will also increase the best use of your building lot in many ways. With more room on your lot due to the fact that you home now takes up less space on your lot, you can use your lot to put up solar panels, solar water heaters or grow your own veggies. Putting up that extra concrete pad for a basketball hoop may even be a reality! - 23212

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home