Published at Thursday, May 03rd, 2018 - 00:52:37 AM. . By Fernande Jeannette.
For starters, the size of the home will shrink. As the Boomers jettison stuff, weaning themselves from some of their accumulated furnishings and other material, they will find that a smaller house suits their needs just fine. And since these houses will likely be situated in warmer locales, generously sized outdoor living areas will be a must.
Construction Cost. NOT including soft costs: $169,000 for 1550 Sq ft + 400 Sq ft garage, or about $87/ sq. ft. Land and soft costs ran about: $100,000. Architectural design and survey: $12,000; architect charge to make changes: $5500.
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