Living large is back: Mansions moving fast

Lavish dining rooms like this are not uncommon lately.

So much for small-footprint living. The recession’s minimal home trend was a brief respite from excess, it seems. Homeowners and homebuyers are upsizing: Living large is back (again).

“Nobody was buying them, these big homes were languishing,” says John Popp of RE/MAX Best Choice in Framingham. “I couldn’t give them away. But even the McMansions have been selling quickly for the past few months. One factor is that prices are good. The McMansion that was priced at $1.5 million five years ago is now $1.1 million. That makes a difference.”

Popp says developers are building new large homes, too. With a time investment of up to two years, that means builders are confident the trend will continue.

“But it’s not just McMansions,” adds Popp. “The interest rates are so low that first- time buyers aren’t going for a condo, they’re going for the Cape, and that has a ripple effect. The second-tier buyers are going for a much bigger home.”

Upsizing isn’t just a suburban trend either.  There’s a sharp increase of Boston developers, notably in the South End, returning multifamily brownstones to magnificent single-family homes.

“There is a change from the past few years, when developers and builders were downsizing houses to accommodate the downturn with our economy,” says William Raye of Engel & Volkers Boston. “According to data from the Census Bureau, the average size of a newly built home is up 3.7 percent from 2010 and represented the first annual increase since 2007.”

Size matters?

Another sign that homes are getting larger is increased sales of big furniture. “We are seeing an increase in large furniture and accessory purchases compared to last year,” says David Ladetto of Boston-based online home wares store, Wayfair.com. Ladetto says that whatever the size, across the board people are expanding their living space. “The big homes trend doesn’t indicate a sudden shift from minirooms to McMan-sions. It’s also about getting a little more space — adding that extra bedroom, second bathroom or even a patio.”



News
Entertainment
Sports
Lifestyle
National

Sprint and T-Mobile offer further price discounts

Sprint unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry's cheapest unlimited data offering.

National

Hundreds pay it forward at Florida Starbucks in…

The spontaneous chain of kindness continued for about 11 hours, totaling 457 transactions by the time it ended.

National

Weather system east of Caribbean could turn into…

An area of low pressure located east of the Caribbean Sea has a 50 percent chance of becoming a tropical depression or storm in the next 48 hours, U.S. forecasters…

National

U.S. hospital to discharge doctor treated with experimental…

An American doctor who contracted Ebola treating victims of the deadly virus in Liberia has recovered and will be discharged on Thursday by the Atlanta hospital that treated him with…

Movies

Review: 'When the Game Stands Tall' is both…

The high school football saga "When the Game Stands Tall" fumbles around for a focus while Jim Caviezel offers the most low-key coach in history.

Movies

Girlfriend in a coma: Chloe Grace Moretz

Chloe Grace Moretz is the best cheerleader "If I Stay" could ask for. As the star of the film adaptation of the successful YA novel…

The Word

The Word: Summer lovin' for Zac Efron and…

Ah, the summer romance. So intense, so fleeting. With Labor Day fast approaching, it should come as little surprise that the incredibly surprising romance between…

The Word

The Word: The Zac Efron-Michelle Rodriguez summer fling…

  Ah, the summer romance. So intense, so fleeting. With Labor Day fast approaching, it should come as little surprise that the incredibly surprising romance…

NFL

Fantasy football draft guide: How to draft your…

Many are wondering if we’re entering a new age in fantasy football drafting — one where running backs take a backseat.

NFL

Jets vs. Giants: 3 Giants storylines to watch

The Giants have plenty to work on as they reach the dress rehearsal preseason game Friday night against the rival Jets.

NFL

Jets vs. Giants: 3 Jets storylines to watch

Metro looks at three Jets storylines to watch as they play the Giants Friday.

NFL

Giants expected to work Corey Washington into first-team…

The day of reckoning for the Giants' fringe players will fall upon them Friday night against the Jets.

Sex

Big weddings may lead to long-term happiness

Dreaming of a big wedding? A new study indicates that the longer your guest list, the happier you’ll be in the long run. l A…

Sex

Online dating for every generation

Frank Jackson and his mother Maggie are like lots of modern families: They have dinner together regularly, keep each other updated on their lives —…

Wellbeing

Going green could be the key to getting…

If we could just pursue the things that would actually make us happy, we could help the environment too, according to a New York researcher.…

Tech

Siren: A new dating app that puts women…

Online dating can be brutal, especially for single women. Noting that many women hate wading through inappropriate messages and photos, two tech entrepreneurs decided to…