Residential

What We’re Excited for in 2019: General Home Trends

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The home building market continues to shift with changing demo­graph­ics and economic factors. It’s important to know who is planning to buy a new home this year, and what they’re going to be looking for in 2019. Here are five trends we’re excited about in the next twelve months:

  1. Shift to smaller homes
  2. Designing for lower maintenance
  3. Health and comfort of homes
  4. Safety and pro­tec­tion of homes
  5. Afford­abil­i­ty of housing

Shift to Smaller Homes

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With mil­len­ni­als pri­or­i­tiz­ing smaller homes with strategic designs over sprawling showhomes and baby boomers down­siz­ing, the demand for smaller homes is increas­ing. In fact, the demand for large homes has notice­ably slumped, since those baby boomers can’t offload their family homes onto their adult mil­len­ni­al children.

Whether it’s motivated by having fewer children or a desire for sim­plic­i­ty, the demand for smaller homes is con­tin­u­ing to grow, and the supply isn’t meeting that demand. This is a great oppor­tu­ni­ty for home­builders and devel­op­ers to jump on this trend.

Designing for Lower Maintenance

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With mil­len­ni­als and baby boomers shaping the housing market in many ways, one of the most notable trends is a demand for low main­te­nance homes. With mortgage rates expected to continue rising in 2019, mil­len­ni­als aren’t budgeting for addi­tion­al upkeep expenses in their new homes.

And while boomers continue to be an active gen­er­a­tion, they are aging and regular main­te­nance, both indoors and out, may not be as enjoyable as it once was. Boomers want the ability to age in place, meaning they can stay in the same home as they get older. However, this means they need a home that they can maintain even in their later years. Builders should keep this growing trend in mind as they plan their 2019 home designs.

Health and Comfort of Homes

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Health and comfort are broad terms. The benefit to home­builders is that it’s easy to identify specific healthy home’ elements of a new build and promote them as selling features. When looking for ways to incor­po­rate health and comfort into new home designs, consider the following:

  • Materials that don’t degrade air quality
  • Sound insu­la­tion from both indoor and outdoor noise
  • Generous access to daylight, sup­ple­ment­ed with electric lighting as needed
  • Energy-efficient appli­ances, mechan­i­cal systems, and insu­la­tion systems to offset high energy costs
  • Properly engi­neered heating, cooling and dehu­mid­i­fi­ca­tion systems

If you’re designing specif­i­cal­ly with the mil­len­ni­al home buyer in mind, remember that they are willing to pay more for specialty features that add a unique touch to their new home. These could include a playroom for children, work out room, home theater or even a wine cellar.

Safety and Protection of Homes

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Home­own­ers of all ages are facing an increased risk of natural disasters and extreme weather. From record-setting hur­ri­canes and forest fires to record rainfall and earth­quakes, 2018 was a year that put home design to the test.

Builders and archi­tects can stand out in 2019 by intro­duc­ing disaster-resistant designs and materials. These products are developed with the worst-case scenario in mind, while still main­tain­ing a home’s aesthetic appeal.

Affordability of Housing

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It’s expected that mortgage rates will continue to rise in 2019. This, in turn, will push the market towards the buyer, since increased costs will drive down demand in the market for existing homes.

Among new res­i­den­tial con­struc­tion, devel­op­ers are still faced with more advanced building codes as well as increased costs of materials and labor shortages in the industry. To make sure housing stays afford­able and attrac­tive in a more dis­cern­ing buyer’s market, builders need to be cost and time-conscious and consider alter­na­tives to tra­di­tion­al building systems that can more cost-effec­tive­ly meet the demands of buyers today.

Materials like insulated concrete forms and the Bautex Wall System are a great way to meet the need for energy efficient, com­fort­able, safe and healthy homes while keeping costs under control. Not only are these systems an afford­able choice during con­struc­tion, but they are also sig­nif­i­cant­ly higher per­form­ing and longer lasting than con­ven­tion­al homes, which will help home­own­ers reduce the cost of owning and main­tain­ing their home into the future.

For more infor­ma­tion on trends in home­build­ing, please visit the Bautex Systems blog or Facebook page.