The Flipping Pad

Posted by Erika R. on Apr 6, 2011 4:45pm

According to a recent study conducted by the National Association of Home Builders, Americans are looking for change in the real estate market. The recession has left a mark on prospective buyers who have shifted their perspective on the housing they need and want. The builders who were surveyed expect the average home to be 2,150 square feet by 2015, which is about 10% smaller than the average size homes built in 2010.

Living rooms will be merged with other spaces in the home and 30% say it could vanish completely. On an overall total of floor space, 54% of the builders say the family room is likely to increase. The size of the entry foyer and dining rooms are likely to diminish greatly by 2015.

By 2015, the great room will be comprised of the kitchen, foyer and living room. In addition to floor plan changes, we’ll see master bedrooms, walk-in closets, laundry rooms and ceiling fans on the first floor in homes with two stories. More green features and technology will be available by 2015. Features such as dual flush toilets or low flow faucets and Energy Star rating for the whole house will become the norm. For more information about this study, you can visit www.nahb.org.