Steve Kent's March 2007 Newsletter

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Study Profiles Home of the Future
By Realty Times Staff

      Given the rapid evolution of design, configuration and products in new homes, even a professional futurist might be hard-pressed to determine what the next five decades hold for housing. But a new study by the National Association of Home Builders provides a telling look at the homes buyers can expect to purchase in the nearer future.  
      "The Home of the Future" study, introduced at the International Builders' Show in Orlando, was conducted in 2006 by NAHB's Economics Group. Based on polls of architects, designers, marketers and manufacturers, it provides a detailed view of what buyers can expect to find in an "average" home and an "upscale" home in 2015.   According to the experts, the pace of change in new homes will be much faster over the next 10 years than in recent years, and buyers can expect that all homes will be significantly  "greener" and more resource efficient than today. There will also be increasing emphasis on universal design/handicap access.  
      Perhaps most surprising, the consensus was that although average home size has increased significantly in the past decade, it is not likely to increase in the next 10 years. In fact, average home size in 2015 is likely to stay in the range of today's 2,400 square feet, and homes are increasingly likely to be two-story rather than one-story.  
      Like today, kitchens and bathrooms will continue to be among the most important factors affecting consumer buying choices and will continue to feature upgraded materials and appliances. The focus on garages will also increase, with more consumers preferring three-car garages. Moreover, the door openings on garages will be larger to accommodate larger vehicles.
      Another growing trend is recessed lighting, which buyers can expect to find in homes in all price ranges along with wood floors.  
      Communities are likely to reflect consumer preferences for open space, recreational opportunities and amenities such as walking and jogging trails and are also likely to be close to public transportation.    
      The following is a profile of the typical new single-family home in 2015 based on the survey results:
  • 2,330-square-foot, two-story home with 2½ to 3½
  • bathrooms and 4 bedrooms.
  • One-story entry foyer.
  • One-story family room (no loft or volume ceilings, etc.).
  • Living room will vanish or become parlor/retreat/library.
  • Nine-foot ceilings on first floor;  eight- to nine-foot ceilings on second floor.
  • Exterior walls of vinyl or fiber cement siding or brick.
  • Staircase located in foyer.
  • Front porch, patio.  
  • Fiber optic network, programmable thermostat, structured wiring system, multiline phone system.
  • Both shower stall and tub in master bathroom.
  • Toilet in master bath will have separate enclosure.  
          The following is a profile of a typical upscale single-family home in 2015 based on the survey results:
  • More than 4,000 square feet.
  • Two-story home with 3½ to 4½ bathrooms and 4 or more bedrooms.
  • Two-story entry foyer.
  • One- or two-story family room.
  • Likely to have formal living room, but living room may be replaced by parlor/retreat/library.
  • Nine-foot ceilings on first floor; nine- to ten-foot ceilings on upper floors.
  • Exterior of stone, brick, stucco or fiber cement siding.
  • Stairs in the back or side of the house.
  • Front porch, rear porch, patio and deck.
  • Two master bedroom suites.
  • Outdoor kitchen with grill, sinks, refrigerator, cooking island.
  • Outdoor fireplace, pool/spa, audio/tv equipment, lighting.
  • Programmable thermostat, structured wiring, multiline phone system, multi-zone HVAC, remote control fireplaces, instant hot water in bathrooms/kitchens, lighting control system, monitored burglar/fire/toxic gas alarm system
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