The economic climate has certainly changed over the past few years, and Ann Arbor real estate was not exempt. Home buyers are more aware of their financial situation than ever before and a new state of fiscal responsibility has replaced the ‘bigger is better’ motto. Home buyer needs are outweighing wants and this may give way to a new type of home building in the future. According to a new study by the National Association of Home Builders, ‘The lousy economy is the force behind the changing characteristics, features and sizes of homes to come, as well as the reason for the record low numbers of homes being built today’. The report predicts the following changes in homes by 2015:
- Living Rooms will disappear. The Great Room, which tends to be open to the kitchen, has become the gathering place. The formal Living Room may be replaced by a study or library.
- Scaled down space. Useless space will be cut out, including fourth bedrooms, third bathrooms, media rooms, formal dining rooms, and second master bedroom suites.
- Green Homes. Expect homes to have Energy Star ratings and include low-E windows, water efficiency, and engineered wood.
- More accommodating. Homes of the future will include technology and design to fit a universal population of children, elderly, and disabled people.
Do you agree with the NAHB’s study? What do you think will disappear from or be added to home designs of the future? Share your ideas with us, we’d love to find out what Ann Arbor home owners think! If you are considering making a move now or in the future, contact us today at 734-761-3060 or firstname.lastname@example.org! We specialize in all types of Washtenaw County real estate and finding our clients the perfect home or Ann Arbor condominium. And when considering new construction, always be sure to have a Realtor on your side!