It’s literally a two-story, five-bedroom house that is not a mansion—it’s a regular-ass house. A mansion typically has at least 5 to 10+ bedrooms and a comparable number of bathrooms, usually spanning over 8,000 square feet.
It’s literally a two-story, five-bedroom house that is not a mansion—it’s a regular-ass house. A mansion typically has at least 5 to 10+ bedrooms and a comparable number of bathrooms, usually spanning over 8,000 square feet.
About 44% of new construction homes over the past 20 years have had 4+ bedrooms. The American Housing Survey uses categories rather than numbers, so 4 and 5+ is the most granular we can get.
It’s a significant problem in the housing market, often called the “missing middle”, where we don’t have enough starter homes for young/new buyers to get on the housing ladder. We are only building large homes used by families who already have a lot of equity