In the world of real estate bigger is no longer better.
Several years ago McMansions were all the rage. We saw many 5,000+ sq ft homes being constructed. Now we've seen a change in the size home that buyers are looking for. Many people are interested in do
wnsizing. As people are looking for ways to cut expenses a smaller home is attractive. It costs less to heat and cool and is easier to keep up. 2,500 - 3,500 sq ft is a very popular size. The smaller size also appeals to the ecocounscious buyer.
Does this mean that you won't be able to sell your supersized home? Not at all, but it will probably bring less and may sell for a lower price per square foot.
The buyer who is purchasing this smaller home is interested in an open floorplan, often without a formal living room. However quality touches are still important such as granite counters, crown molding, hardwood floors, and upscale baths with double vanities, ceramic tile, walkin showers and soaking tubs.
Today's buyer is increasingly looking for quality in a smaller package.
