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The appeal of newly built homes in established communities with mature trees is … [+]
Many homebuyers prefer historic old town or suburban homes if they know their preferences. These enclaves are often ‘close’ to the metro core, offering charming vintage homes and existing under a green canopy of mature trees.
Given the technological advances in homes and home construction in recent years, many home buyers will prefer new homes. Additional features make life much more enjoyable, convenient and safe.
However, established neighborhoods tend to have older homes, and brand new homes tend to be in brand new neighborhoods. exception? Infill homes are newly built on former line enclaves, offering buyers a blend of old and new.
Infill house construction is a specialty of builders who find undeveloped parcels between existing buildings and build new homes on top of them. They also attract the attention of builders who specialize in teardowns. Examples include builders such as Hamish Murray Construction, Inc. of Portland, Superior Home Solutions of the St. Louis area, and Thomas James Homes of Aliso Viejo, California.
Growing challenges
A National Association of Home Builders (NAHB) report a few months ago found that 9% of new homes in 2021 will come from demolition.
At the highest point, about 1 in 5 new homes (20.1%) in the Pacific region, which consists of California, Oregon, Washington, Alaska and Hawaii, is caused by demolition. At the bottom, about 3.8% of the West Mid-South regions of Texas, Oklahoma and Louisiana are building new homes on the sites of wrecked homes.
Reclamation developments in older, established neighborhoods that do not require the demolition of existing homes are roughly twice as common as demolition rebuilds.
However, NAHB acknowledges that demolition is on the rise in the U.S. residential construction market as hurdles to finding undeveloped lots are increasing. A late 2021 NAHB survey found that 76% of new home builders said the overall supply of land in the area was low or very low.
This percentage has risen steadily virtually every year since 2013, easily surpassing the previous record of 65% set in 2018.
advertise the benefits
One of the marketing strengths of demolition builders is to propose new homes in buyers’ desired neighborhoods, as opposed to refurbishing existing homes in desired neighborhoods to bring them up to today’s expectations. is to
“In the world of repairs and renovations, there is always a sacrifice,” says Tommy, co-founder and CEO of Thomas James Homes, which builds homes in California, the Pacific Northwest, Colorado and Arizona. Videl says. “Even if you get the house you want, you end up fixing the parts that don’t meet your standards. I’m here.”
The demolish-and-rebuild model allows buyers to relocate to areas where construction of new homes was completed decades ago and where the lot no longer exists. In such an environment, the growing pains of neighborhoods are long gone, with long-standing services and institutions in place to serve residents.
“These top markets are in short supply and don’t have the land to build on,” says Videl. “Thomas James Homes is in a market where the average home age is over 80 years, and the only viable solution is demolition. When rebuilding a private home, the owner has the choice of staying where they are now or choosing where they want to be.”
Locations as diverse as suburbs of Detroit, Montclair, New Jersey, Nashville, Chicago’s Near Northwest Side, and Vancouver, British Columbia, have seen a rapid increase in the amount of demolition over the past decade. Demolition, as some say, is an inevitable by-product of city charm. A vintage community on one side, and the allure of new home products and technology on the other.
