What Size House Do You Need?

On Averagethe size of houses, in square feet, foranother source for this information. Ask the
selected countries is: Austria (1,043 sq. feet),builders to view houses under construction and a
Germany (1,185 sq. feet), Japan (1,435), and thefew finished models. Nothing wrong with asking
United States (2,204). These are 2002your Architect or designer to go along. Most
figures.then becomes what size house can webuilders can estimate the cost of constructing
build for the amount of the loan we can get? Inyour house by the size, of the HVAC (Heat
1970 the average size home in the U.S. was 1,400Ventilation Air Conditioned) area you wish to
square feet. In 2004 the average grew to 2,230construct. Garage and storage areas are usually
square feet. Three and four bedroom houses arefigured at a different cost per square foot than
the most popular, with two baths almost required.the HVAC area. Be sure to have this
House Financeshould be determined before houseunderstanding with the builder.
hunting or construction drawings are begun. I haveHouse Planswill be needed for construction. I use a
had several persons that have paid me tosimple one page Contract for contractor house
complete blu-prints for a new house and thenplan sets and a simple Inventory sheet to assist in
were told that they could not qualify for thedeveloping design specification for my clients. Do
amount necessary to complete the construction.not expect the builder to give you a firm
The major items that determine the cost of aestimate without having a finished set of
house, other than construction costs, are: yourconstruction blu-prints to work from. Talking with
income, your current debt-to-income ratio,the builder, prior to design, will allow you to come
interest rates, and down payment required. Localup with a general idea of cost per square foot
lending institutions will use these values and othersand other financial obligations before you design
to determine the amount of the loan you mightyour house.
be able to secure. These values should beWhat size housedo you need not have an easy
determined before implementing house plan design.answer? We usually want more than we actually
Construction Costsare best determined by talkingneed. The most important items to consider
with local contractors and builders. Be sure tomight be to determine minimum space
check the Better Business Bureau to help identifyrequirements, plan for possible expansion, re-sale,
builder's background and business standing in theand comfortable living style at a cost within your
community. The chamber of Commerce ismeans.