For South FLA Homebuyers, Small is the New Large
In Davie: Roughly 27,000 more square feet than you really need
South Florida homebuyers who can afford to buy mansions are opting to buy, well, un-mansions, according to a story on yesterday'shuliq.com.
Huliq reached its conclusion by looking at home sales in South Florida and studying census figures: Turns out the average size of a new single family home declined by about 62 square feet over a two year period, "the first significant drop in home sizes in 14 years." There were also far more homes on the market in Boca, Delray, and Lauderdale priced from $500,000 to over $1 million, indicating a glut. Luxury homes, huliq says, "are piling up."
Downsized in Lake Worth: Let the bidding wars begin!
We have good news for families looking to downsize though, to a charming 1/2 bed 1/2 bath. In Lake Worth, for example, there are plenty of iddy biddy widdle houses for sale, like the one at left. These have many of the compact advantages of your typical trailer-park trailer, except without the hookup fees. While they lack "entertainment wings" like the Davie spread pictured above, we've found that a clean white sheet hung from a tree makes a great outdoor movie screen. Your family can rest assured that since most of these historic Lilliputian digs were built in the '20s and '30s, they've safely weathered many a hurricane. But it's a seller's market for these babies, so you'd better move fast.
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