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Are New Homes in Birmingham Getting Smaller?

Birmingham Appraisal

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Additionally, advances in construction techniques have made it more cost-effective to build compact homes that are efficient and eco-friendly.

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Ladd’s Addition—Neighborhood Analysis of Single-Family Residential Homes (July 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the present date. This is reflected in the age histogram showing most of the homes falling in the 91-97 years bracket. New/newer constructions in Ladd’s addition is nearly unheard of. Most properties within Ladd’s Addition were built around 1900-1930.

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Living in Knightdale, NC: 11 Tips Before Moving to Knightdale

Raleigh Realty

Over half the homes are of newer construction, about 55, that was built after the year 2000 and even more recent. Most people have a middle-income bracket with people working in executive, management, sales, and retail jobs. Most of the homes here have been built between 1970 and 1999, with a few newer homes built after 2000.