First-time home-buyers are shifting housing industry standards when it comes to home design preferences—and, according to the latest Home Design Trends Survey by the American Institute of Architects (AIA), one of the most significant changes is the end of the era of expansive property and square footage.
Small, simply, is the new big.
Smaller homes are generally more affordable, which is key for many first-time home-buyers squeezed by high home prices and student debt. Small homes, however, are scarce in most housing markets.
Aside from less living space, the architecture professionals surveyed see the following trends taking shape:
- In-Home Accessibility
- Single-Floor Plans
- Open-Concept Layout
- Informal Spaces
Source: American Institute of Architects (AIA)