What Will New Homes Look Like in 2015?

What Will New Homes Look Like in 2015?

What Will New Homes Look Like in 2015? The current state of affairs within the housing industry has many wondering what lies ahead in 2015. Changes are being made to match the current trends within the industry; not only the number of new homes being built but also what’s inside newly built homes.

A recent study by The National Association of Home Builders (NAHB) surveyed a group of builders, designers, architects, manufacturers, and marketing specialists. The Director of Economic Services of the NAHB, Stephan Melman said, “We asked builders, ‘what do you anticipate the new home size would be by 2015?’ “ The overall consensus was found to be “houses will get smaller”.  The study found that homebuilders expect newly built single-family homes to average 2,150 square feet compared to the current 2,400 square foot average.

This aligns well with the trend of going green that we can expect to see more of in 2015.  Smaller homes have greater heating and cooling efficiency gains associated with less space. Builders are also utilizing water-efficient appliances and plumbing, using LED and compact fluorescent lighting, as well as installing energy efficient windows.

Other amenities will also be affected, such as the “Great Room” replacing the “Living Room”. The “Great Room” combines the living room, dining room and family room into one open space that usually flows into the kitchen which helps save square footage.

Other changes that you can expect to see in 2015 are:

• Reduced 4 or more bedroom homes
• More master suite walk-in closets
• Changes in use of space outside of main living quarters, such as more porches and 2 car garages
• Better utilization of space by replacing formal dining rooms with eat-in kitchens
• Larger laundry rooms
• Less mudrooms, hobby rooms or game/media rooms
• A wide variety of interior color choices

Many exciting changes are on the horizon for newly built homes in 2015. The options for designing your perfect home seem to be endless. Melman stated, “Although affordability is driving these decisions, smaller homes are a positive for builders, it allows for more creative design, more amenities, better flow. It’s an opportunity to deliver a better home.” The changes ahead in 2015 seem to be positive for all involved and the goal of a better home will be met for builders and buyers alike.

To find out what will new homes look like in 2015 contact The Mary Ellen Vanaken Team 678.866.1935 - www.mevhomes.com


 What Will New Homes Look Like in 2015?

Opting For New Home Construction In North Atlanta

Opting For New Home Construction In North Atlanta

Opting For New Home Construction In North Atlanta by
The Mary Ellen Vanaken Team of Keller Williams Realty
678-665-2887
5780 Windward Parkway, Suite 100
Alpharetta Ga 30005
www.mevhomes.com

Whether to buy an existing home or opting for new home construction in North Atlanta is yet another decision to make during the home-buying process. If you decide to go with new construction, a real estate agent can be a powerful advocate in your corner as you negotiate upgrades, a move-in date and other terms with the home builder. Below are some basic pointers to prepare you for the journey ahead.

Selecting a builder
Shopping for a large production or custom home builder can be a daunting task. Start by defining what architectural styles appeal to you and then seek out the builders in your area who offer those styles. Due diligence is essential. Ask friends for referrals to get firsthand accounts; verify the builder's state license status, if applicable; and check whether they're certified by the National Association of Home Builders.

The builder representative and your real estate agent
A builder representative's ultimate goal is to sell you a home. His or her role is to provide a wide range of information to help you in your decision-making, from building restrictions, roads and easements to inspections, warranties, rebates and upgrades. A real estate agent knowledgeable in new-home construction will be able to help you wade through all the data and point out the downsides and upsides of each line item. Your agent also can look out for your interests in reviewing the builder's contract, which often contains more legal jargon than consumer-friendly language.

It's all about timing
Market conditions greatly dictate a builder's incentive to make a deal you cannot refuse. When a builder has inventory on his hands, his carrying costs start adding up. When this happens, a builder might be more amenable to strike a favorable deal, whether it's throwing in upgrades or taking a bit off the asking price. A real estate agent can help you know when market conditions are right for these benefits. Also, watch for builder close-out sales. Builders promote these special events when a new subdivision is near completion but empty inventory still remains.

A word about paying up
While there are always exceptions, most builders require a deposit when a purchase agreement is signed. They also require that the buyer pay for any upgrades prior to closing. If you back out prior to closing, unless the agreement states otherwise, you will lose that money. Make sure you understand every detail in the builder's contract before signing it.

To begin your home search CLICK HERE OR contact The Mary Ellen Vanaken Team of Keller Williams Realty North Atlanta at 678-665-2887. Our team are specialists in the luxury home communities of North Atlanta including Alpharetta, Roswell, Cumming, Milton and Johns Creek.

Opting For New Home Construction In North Atlanta