Thursday, November 17, 2011

Big Box Homes?

BUILDER magazine featured super-size homes, and the builders who have profited from them, in an article on builderonline.com.  From the article:

"...the big-box home trend was born as a way to compete with resales because it is rare to find large homes among resales and foreclosures, making their plus-size a product differentiator. Also, the larger homes can often pass muster with appraisers more easily, because the bigger the house, the smaller the square-foot price, and the higher-priced portions of the home, kitchens and bathrooms, are amortized over a larger number of square feet. The lower price per square foot helps the homes compete with the lower per-square-foot cost of distressed home sales."

Read the entire article at builderonline.com by clicking here.

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