Adieu to McMansions?

by Roberta Murphy

A couple of years ago we were buzzing about the possibility of Slumburbias–where Baby Boomers were abandoning cul de sacs, suburbs and the McMansions battled for a decade ago. Instead, they wanted something smaller, something in a walkable neighborhood, something that didn’t require 100 square feet devoted to lawn mowers, clippers and tools.

They still long for the freedom to lock and go, the freedom to travel, the freedom from having to care and climatize square footage they don’t even visit for weeks at a time. Kids have either moved on or are hanging on and something without a grand staircase sounds mighty inviting to knees that remember prior injuries.

Today, CNBC reports that the McMansions, Starter Castles, Garage Mahals and Faux Chateaus–or whatever you want to call them —are history. These days, few are seeking 4000 square foot  two-story boxes that sit 15 feet from their neighbor’s Plan II Tuscan with 3800 square feet–each with granite and stainless kitchens, epoxied garage floors and mind-numbing sameness. The article goes on…

Just 9 percent of the people surveyed by Trulia said their ideal home size was over 3,200 square feet. Meanwhile, more than one-third said their ideal size was under 2,000 feet.

“That’s something that would’ve been unbelievable just a few years back,” said Pete Flint, CEO and co-founder of Trulia. “Americans are moving away from McMansions.”

We are seeing much the same in our San Diego real estate practice. There is great demand for single story homes, neighborhoods where one can walk to a store, where life can be simpler and more easily managed.  And, of course, it also helps if this downsized San Diego home has the luxury of sitting on the beach–or fronting the golf course at La Costa, Fairbanks Ranch or Rancho Santa Fe.

You may also wish the read:

7 Bargaining Secrets for Luxury Home Buyers

Homes for Baby Boomers: What Do They Want?

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