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I dont see it anymore, probably it doesnt make sense. I have lived or fixed homes they were built at 1960 and older, where its 2 br 1 bath, and 600 - 750 sf.
Probably back then some people cound only afford those, so its a starter home. Nowadays i only see at minnimum 3br 1.5 bath sfh being built, at minnimum of 1400 sf. I still see new townhomes where its 2br 1.5 bath.
For me it doesnt make sense to have a house so small, your already paying for 1 foundation, roof, water heater, etc. The bigger the house the more its worth it to spread the costs and you get a cheaper per sq ft cost to live in it.
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Location: Ocala, FL
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I believe that in certain markets you might have a problem finding 2 BR homes available, but I believe in general, they are still being built. More than likely, they will be in the form of apartments or condos. It is likely that the smaller 2 BR homes just aren't as economical and in demand as they used to be for the contractors to build and sell.
I believe that in certain markets you might have a problem finding 2 BR homes available, but I believe in general, they are still being built. More than likely, they will be in the form of apartments or condos. It is likely that the smaller 2 BR homes just aren't as economical and in demand as they used to be for the contractors to build and sell.
Yeah apartment and condos, its worth it to build stidios, 1,2 bedrooms. But single family houses with at least 5000 sf lots, thats another story. Its not worth it to live in one and pay full price to maintain it.
Yeah apartment and condos, its worth it to build stidios, 1,2 bedrooms. But single family houses with at least 5000 sf lots, thats another story. Its not worth it to live in one and pay full price to maintain it.
Maybe 5k sf does not suit your needs but the needs are there because those houses are selling.
Location: Danbury CT covering all of Fairfield County
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In my market, only condos or townhouses, not single family. The 'luxury flats' are about 1300-1700 square feet (2 bedroom 2 full bath) without a basement room or garage. The townhomes are about 1500 square feet usually with a small basement room and 1 car garage. Some communities with the flats are age restricted 55 +, but almost everything else is not.
We built our two-bedroom, 1,875 s.f. home in 2020, and this is not at all unusual for newer homes due to the large number of people who retire here. I am not sure if that is true of many communities with a median age of over 55, though. (Btw, we also have a 8 x 12 sunroom that I use for my reading room that could be used as a spare room for additional guests if that ever becomes necessary.)
I would also guess that smaller homes will become more popular as many people are now foregoing having large families, and I think that more and more people will be looking to economize.
Some are called Tiny Homes. The tiny homes market has an estimated compound annual growth rate of 4.88% between 2022 and 2027 and some say tiny homes are a long-term trend rather than a fad. According to Gitnux, 86% of Americans surveyed say they would live in a tiny home, with 73% citing affordability as the main reason.
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