Trend in American Houses
It comes as no surprise that houses have grown in size and cost over the years. At the beginning of the last century, the average home was 80 square meters. In 1950 the average home was no square meters, growing to an average size of 220 square meters in 2000. Costs in 1900 were about $5,000, $11,000 in 1950 and $200,000 last year.
Another interesting fact revealed in the National Association of Home Builders (NAHB) report is that although homes have grown in size, lot sizes have begun to decrease significantly. In 1990, the average lot size was 1,630 square meters. Just eight years later the average lot size was 1,430 square meters. In its profile of a typical new home in 2012, the report suggests the average lot size is expected to decrease by another 100 square feet while the house size will increase to 250 square meters.
