As the homebuilding industry celebrates New Construction Month in April, new research shows that the average square footage of new homes continues to gradually shrink, dropping from 2,479 square feet in 2022 to 2,411 square feet in 2023. ing. The survey results show the smallest average area in the United States. 13 years — to meet homebuyer preferences with less square footage.
The data is based on an analysis by the National Association of Home Builders (NAHB) of U.S. Census Bureau data that tracks characteristics of newly built single-family homes.
“Builders are responding to homebuyer preferences by building homes on less square footage, which are generally more affordable and easier to maintain,” said Don Wurtzberger, president of HBAK.
Homebuyers are shifting their preferences toward size and overall design preferences, and placing greater emphasis on personalization and authenticity. This trend reflects new buyers choosing to incorporate home style and upgrades into their homes, such as creating islands that look like furniture, higher quality cabinetry, or more expensive flooring. Masu.
“New homebuyers enjoy being able to choose finishes, fixtures, flooring, paint colors and other design features that suit their tastes,” Wurtzberger said. “Whether you’re looking to buy your first home or upgrade to your dream home, new construction homes can offer a personalized aesthetic inside and out.”
To learn about new construction homes in your area, contact your local Home Builders Association or visit the Kentucky Home Builders Association website at www.hbak.com.
Kentucky Home Builders Association