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U.S. Residents Satisfied with Home Size

Online real estate marketplace Point2 Homes recently issued the results of a survey intended to discover home-size preferences across multiple regions of the world. The firm surveyed 29,000 participants across 9 different target countries to find out just how large homes were in various nations.

The data revealed that, second only to Australia at 2,032 square feet, United States residents owned the largest homes, with the average home coming in at 1,901 square feet. U.S. natives stated that they desired home sizes somewhere between 1,500- 2,000 square feet, while Australians went one step further, with the average respondent stating that a home with 2,501 square feet was of a desirable size.

Respondents in the United Kingdom, with an average home size of 1,590 square feet, desired the same size home as residents in Australia: 2,501 square feet. Interestingly, Canadians, with an average home size of 1,792 square feet, reported dreaming of homes which ranged from 1,001 to 1,500 square feet.

But how many residents wanted a larger home in their respective country? Thirty-eight percent of participants surveyed in the United States indicated that they desired a larger home, which, rather surprisingly, was the lowest percentage of all nine countries surveyed. Sixty-six percent of Mexican respondents indicated that they wanted a larger home, giving the United States’ southern neighbor the top spot for the number of individuals who desired a larger home. Brazil and the United Kingdom tied for second place with 62 percent of respondents indicating that they wanted larger homes.

However, U.S. residents do come in top when considering one specific metric. According to the survey, individuals in the U.S. enjoy the largest amount of space dedicated to one person, with an average 656 square feet being allocated to each individual. The report notes that this figure is nearly double that of Brazilians, and it is 202 square feet more than what British residents enjoy.

 

About Author: Timothy McNally

Tim McNally is a journalist with experience in business reporting. His journalism career began with Houston Energy Insider as an Energy Reporter, which eventually led him to secure a position with OILMAN Magazine as Digital Content Manager. McNally is a native Texan, and he received his degree in Finance from the University of St. Thomas. He is a staff writer for the MReport.
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