Bigger Is No Longer Better

A recent Relocation.com survey sheds some insight on consumer preferences when buying a home. Almost half (48%) of respondents prefer a smaller home between 1,000 and 1,999 square feet, whereas 29% would rather have a home 2,000-2,999 square feet.
Perhaps the popularity of McMansions passed when the economy turned sour. With a bigger house comes higher utility bills, more furniture, more maintenance…more money! And in the global effort to go green, an increasing number of people are realizing that less is more.
Interestingly, with the desire to live in smaller accommodations, the majority (54%) prefer suburban living, 24% choose urban areas, and 22% rural.

What do you think, are the days of super-sized homes numbered? It will be interesting to see once home building picks up again if the public tells builders to go small or go home.