Trends change through the years. For decades we have been told that the "American Dream" is home ownership and all that entails. What comes with this dream? Lawn care, exterior maintenance, larger costs for maintaining larger pieces of land. The responsibilities of a home with a subdivision sized lot, or larger lot are endless. As a Realtor, I believe in this dream.
Studies suggest that there is an uptick in the popularity of what are called "patio homes". These homes have small lots and often include a monthly maintenance fee. Americans spend hours a week mowing, weed eating, mulching, landscaping and maintaining their lawns. Often they don't enjoy the yards as much as the interior of the home. Why? Because we are busy. Life is busy. Children, school, homework, volunteer work, relationships with friends, and long work hours all contribute to a lifestyle that is not always in line with hours of extra maintenance a week.
I have not always been a fan of the patio home myself. Driving by these, often you see rows of homes with almost nothing to distinguish them from each other. In Fayetteville we have several developments of these homes, which appeal to college students, first time home buyers, and are also often used as rentals. Because of this, I have not been a huge fan, but have appreciated that they have a place in our Real Estate Market in Northwest Arkansas. Recently, I changed my mind about their importance.
One of my favorite builders started a small development of these patio homes. When he first told me about these, I didn't really pay attention properly. He told me they would be upscale and in my mind I thought: "Right. Upscale patio home. OK." Then I toured one.
Rene Guin is a Realtor in NWA, that's Northwest Arkansas to all who don't know it as such.