balderdash@lemmy.zip to Memes@sopuli.xyz · 1 year agoProperty Values > Everythinglemmy.zipimagemessage-square19fedilinkarrow-up1337
arrow-up1337imageProperty Values > Everythinglemmy.zipbalderdash@lemmy.zip to Memes@sopuli.xyz · 1 year agomessage-square19fedilink
minus-squareCroquette@sh.itjust.workslinkfedilinkarrow-up1·1 year agoIf there isn’t a stock of smaller houses, then there won’t be a market for it. The small houses that remains are the old beat up houses with a ton of work from before WW2 for an absurd price. If the hot markets only have 2000 sqft houses and bumfuck nowhere have small houses, yeah larger houses will sell faster.
minus-squaremke_geek@lemm.eelinkfedilinkarrow-up1·1 year agoSmall 2 bedroom houses under 1000 sqft, even newly renovated, don’t sell as well as 3 bedroom houses at least 1500 sqft. This is reality. People have more “stuff” than they used to and that “stuff” requires a larger amount of square footage.
If there isn’t a stock of smaller houses, then there won’t be a market for it.
The small houses that remains are the old beat up houses with a ton of work from before WW2 for an absurd price.
If the hot markets only have 2000 sqft houses and bumfuck nowhere have small houses, yeah larger houses will sell faster.
Small 2 bedroom houses under 1000 sqft, even newly renovated, don’t sell as well as 3 bedroom houses at least 1500 sqft. This is reality. People have more “stuff” than they used to and that “stuff” requires a larger amount of square footage.