We live in smaller homes than we used to. Better-built spaces don’t need to be as large. Decades ago, it wasn't uncommon to see sprawling houses with 3,000+ square feet. Nowadays, the average size of a 2-4 bedroom home has significantly reduced. In fact, over the last decade, the majority of homes I've designed have ranged between 1,000 to 2,000 sq.ft. These homes are more affordable but also align better with the principles of modern living.
The average cost of a home per sq.ft. has increased significantly since the homes built in the 80s and 90s. In the 1980s, the average cost per sq.ft. was about $50, & in the 1990s, it rose to around $75. Today, the average cost to build a single-detached home in British Columbia ranges from $145 to $260 per sq.ft. for homes built using stock plans. Custom-built homes are even more expensive, ranging from $485 to $1,225 per sq.ft. For example, building a 1,900-sq.ft. custom home can cost between $921,500 and $2,327,500. Our dollar doesn’t seem to stretch as far, prompting many to rethink how they use their living spaces. Instead of spreading out, homeowners are opting for better-designed, smaller spaces. This underscores the importance of maximizing every inch of a home.
Smaller homes offer numerous benefits. They are easier to maintain, heat, & cool, leading to lower utility bills & a smaller carbon footprint. Additionally, a well-designed smaller home can still provide all the comfort, style, and functionality of a larger one. By focusing on intelligent use of space, multi-functional rooms, & innovative storage solutions, we can achieve a living environment that meets all our needs without the excess.
While custom homes come with a higher initial cost, they can lead to significant savings in the long run. Custom designs offer better use of space, better insulation, energy-efficient windows, & better heating & cooling systems, which reduce utility costs over time. The ability to choose high-quality, durable materials means fewer repairs and replacements, ultimately saving money & reducing waste. The investment in a custom home is not just about personalization but also about creating a space that is sustainable & economical in the long-term.
This shift in mindset can lead to a more intentional way of living, where we prioritize quality over quantity & experiences over material possessions. It's a fine balance between having enough space to avoid feeling suffocated while ensuring each area within the home is intentional and elevated.
As we continue to embrace this informed mindset, it's important to recognize that bigger isn't always better. The key lies in smart design & thoughtful planning. Smaller homes can provide a cozy, efficient, & sustainable way of living that fits perfectly with the demands & values of today's society. Let's celebrate the shift towards more efficient and intentional living spaces!
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#CustomHomes
#EfficientDesign
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#HomeDesignTrends
References:
- Average Cost to Build a Home in BC