Survey finds homebuyers looking for smaller houses - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Survey finds homebuyers looking for smaller houses

(NBC) - Bigger is not necessarily better, at least not when it comes to houses. Developers say more homebuyers are now more interested in going green than going big.

"The majority of houses we used to do were 2,500 to 3,000 feet and now our majority is under 2,000," said Dallas developer Diane Cheatham.

According to Trulia, a real estate search engine, more than half of all Americans dream of a home between 1,400 and 2,600 square feet, and only eight percent want more than 3,200 square feet.

That has some industry insiders asking if McMansions have fallen out of favor. Cheatham says customers are more interested in building green homes than big homes.

"Not everyone is going to move into a 2000 square foot house, but I think more and more people will do that," she predicted.

Just for a little perspective, the size of an average home in the 1960s was 1,200 square feet. It peaked at 2,500 square feet in 2007.

Copyright 2010 NBC. All rights reserved.

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