Homebuyers more practical, not overreaching, when upsizing
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Kenny Pittman's kitchen is an example of homeowners thinking more about living space and less about extras.
PHOTO BY SCOTT ROBERSON
Kenny Pittman, above, finishes the railing to a staircase in a home under construction Monday at the Serenity Woods subdivision in Bargersville.
PHOTO BY SCOTT ROBERSON
Families are building new homes to suit what they need and can afford now, rather than maxing out a loan so they can have a big house, finished basement and pool all at once.
But that doesn’t mean families are building smaller homes. Instead, they are more picky about what goes inside the new place, a local developer and real estate agent said.
During the worst years of the sluggish housing market and economy, the few families who were building scaled back on their new homes, with less square footage to lower the cost.
But now, developers say they are seeing more demand for newly built homes, and those homes are getting closer to the sizes they were in the past.
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