This past weekend my hubs and I attended our local parade of homes, something that the Home Builders Association in our county does each year. This year we got to tour 7 new construction homes and 1 major remodel which were spread throughout our county. It allows you to see the newest styles and trends as well as meet and talk with several different builders in one day without an appointment. We are not planning on building anytime soon. And quite possibly never. But we love to look at houses and see if there is anything that we can incorporate into our own home.
Here are a few of the observations that I made about the homes this year.
The average size of these new homes was 2,600 square feet, 3 bedrooms, and 2.5 baths. The average price of these homes was $390,000! Since I talk about money a lot on this blog it shouldn’t be a surprise that the price tags made my eyes bulge out of my head!
The most expensive house was selling for $520,000. We walked through a HALF MILLION-DOLLAR house people! The thing that struck us most about it was that it wasn’t that impressive. We felt the layout was not conducive to a family. The bedrooms were really far apart, the main living area wasn’t that big especially since it was touted as being ‘great for entertaining, and the lots in this area were right on top of each other so that all you saw from your gorgeous, big windows or your patio was the neighbors. When I personally think of spending that amount of money on a home I think of it being on a big lot with mature trees that would give us room to move about in privacy.
The smallest and least expensive home was a condo in a retirement community with a price tag of $220,000. We did like the layout and size of this home especially for the intended two-person occupancy. However, all the finishes were pretty low end and un-impressive for that amount of money.
One builder asked us if we were looking at building and we told him that it wasn’t an option because we simply couldn’t afford it. His first comment was that interest rates are very low and that he often builds homes for less than his $400,000 model. At this stage in our lives, building wouldn’t make any sense for us. We are working hard toward paying off our mortgage so why would we want to plummet backwards with a new construction? I’ll never say never, but…
Although we always enjoy making a date day out of the Parade of Homes we are content, as a family of 6, in our 4 bedroom, 1,900 square foot house. We are definitely NOT normal and are certainly not judging those that have large and/or expensive houses. To each his own. We are quite comfy and enjoy adding our personality to this house. In the end it will help us to reach the goals we have set for ourselves.
What do you think…are these homes overly large or pricey? Do you live in a large home and love it?
P.S. We were not allowed to take pictures but I would have loved to! You can see the layouts and some details on our Home Builders Assoc. webpage: http://schba.org/parade-of-homes/