Single-Family Homes Are Increasing in Size

Recent housing data shows that single-family new construction homes are increasing in size. COVID-19 has changed the way homeowners view their home and its square footage. Stay at home orders made homeowners live, work, school and play in their homes 24/7 during the height of the pandemic.

The Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis revealed in the third quarter 2021 report that the square footage went from 2,337 square feet to 2,541 square feet for a median single-family home.

The NAHB Eye on Housing reveals that median home size has is 9.3% higher since the Great Recession lows. The average size for a single-family home is now 6.2% higher on a one-year moving average basis since the recession.

If you are in the market for a new home contact your local Realtor. A local sales professional can help you with your new home.

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Over Half of New Construction Single-Family Homes in 2020 Were Built on Slab Foundations

 

During the release of the National Association of Home Builders (NAHB) Survey of Construction (SOC) it was reported that over half (65%) of new single-family homes built in 2020 were constructed on slab foundations. The remaining accounted for 22% with a full/partial basement and 12% with a crawl space.

In fact, there is a wider gap between a slab and full/partial basement and this gap is still widening. This can be seen in the reports from previous years. In 2000 only 46% of new single home starts were built on slabs. This is not the case with new homes constructed on a basement. In 2000 36.8% were built on basements while only 22% were in 2020.

The percentages differ from region to region. New homes that were built on slab foundations were predominant in the West South Central (95.7%), followed by the South Atlantic (79.4%), next was the Pacific (97.7%) and still strong but a little under half in the Moutain Region (48.1%).

Over the past decade, most new single-family homes were built on slab foundations. Experts say this is due to the warmer climate. In the East South Central division, 43% of the new single-family homes were built on a crawl space which outnumbered the 38% that were built on slabs.

The climate in each region plays a big part in what types of foundations are used in that area. Homes that are built in colder areas must have their foundations built below the frost line. This means that the majority are built on partial or full basements. New England saw 79.8% of new homes built with full/partial basements, West North Central (77.2%), Middle Atlantic 69.5% and East North Central 54.3%.

The survey also reported the average area of a finished basement in the colder regions. In the East North Central new single-family construction homes had 1,156sq. ft., while West North Central had 998sq. ft., Middle Atlantic 921 sq. ft. and in New England 734 sq. ft. According to the survey nationwide the average finished basement area was 1,137 sq. ft. in 2020.

If you are in the market for a new home, now is a great time to buy. Check with a local Realtor who can help you with the process from start to finish.

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Patios Make A Great Outdoor Living Space

A homes outdoor space can be just as important as the indoor living space. In fact, there are scientific backed reasons that a homeowner’s outdoor space makes them happy. Several of these include, it is a space for bonding, plants can reduce stress and give off oxygen to help you breathe deeply, it can make you feel younger and it can prevent depression.

Builder’s see the importance in this concept when building most homes. According to the NAHB (National Association of Home Builders) out of the new homes started in 2017, 58.6 percent included patios. This is a huge jump from 2011 where under 50 percent of new homes had patios. The SOC (Survey of Construction) also points out that patios were more common than decks by 23.8 percent in 2017.

Patios differ in size and materials throughout the United States. The average size of a patio on a new home built in 2017 was 260 square feet according to the Annual Builder Practices Survey (BPS)

conducted this year. Although patios are not as common in New England and Middle Atlantic, surprisingly when it comes to new homes with patios, they are the largest nationally topping off at over 370 square feet on average. The building materials used in the two regions usual consists of poured concrete with concrete pavers, natural stone or brick pavers. In the West South-Central poured concrete is not used as much as just concrete pavers.

Over the nine Census divisions there are vast differences on the amount of new homes that were built with patios in 2017. On the high end were the West South-Central at 80 percent, the Mountain at 71 percent, the Pacific at 62 percent and the South Atlantic at 62 percent. The division under 50 percent include West North-Central, East North-Central, New England, Middle Atlanta and East South-Central.

The Northshore is definitely a perfect area for a patio and will make a great space for homeowners to relax and spend weekends and evenings in the great outdoors.

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Land in Louisiana Still Available for Building One-Story Homes

New Orleans is a big city with many surrounding suburbs, and even though it is a populous area, there is still a lot of land in Louisiana on which to build.  The area is less dense than many cities across the country with very little land constraints.  No wonder the US Census Bureau’s Survey of Construction (SOC) reported that in 2015 that single-story new construction homes in Louisiana were the highest in the nation.

The SOC is a monthly and annual report that is organized by the National Association of Home Builders (NAHB) that surveys important information corresponding to the homebuilding industry.  Examples of data gathered include start and completion dates of new homes for sale, new homes sales prices, square footage of new houses and the number of bedrooms in new homes built. The SOC is an important factor in determining where the country’s economy stands.

Nationwide the data found that 58% of new construction houses built in 2015 were two or more stories and 42% were one story.  The country is divided between ten divisions, Pacific, Mountain, West North Central, West South Central, East North Central, East South Central, New England, Middle Atlantic, and South Atlantic. In the Pacific division 69% were two or more stories, in the Mountain only 47% were two or more stories, in West North Central 52% were two or more stories, in West South Central only 45% were two or more stories, in East North Central only 49% were two or more stories, in East South Central 58% were two or more stories, in New England 84% were two or more stories, in Middle Atlantic 80% were two or more stories and in South Atlantic 66% were two or more stories.

The Northeast had the largest number of two or more stories being built in 2015 due to high density with little land which made lot prices very expensive.  Luckily Louisiana which is in the West South Central division has reasonable lot prices making it an attractive place to buy a lot and then build a new home.  If you happen to live in St. Tammany Parish in Southeast Louisiana, Ron Lee Homes, a new, custom home builder, designs and builds new homes to your specifications on lots that we own, lots that you own, or lots that you may be interested in buying.  Land in local subdivisions is plentifully available for new home buyers interested in building their own home.  We can even make recommendations as to where you might want to build depending on your life situation, finances, and housing requirements.  Contact Us Today to get started talking about building a new, custom home on a local homesite.  Call 985-626-7619 or E-mail Info@RonLeeHomes.com.


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