The Ranch Makes a Comeback

Ranch Style Home

The ranch home was in its heyday in the 1950s and 60s when it emerged as one of the most popular American styles. As more families moved to the suburbs during these years, the ranch home was appealing because they were affordable and quick to build. In more recent decades, however, the demand for ranch style homes fell as homebuyers gravitated to the grander look of two-story homes. Just as any fashion, housing styles come and go, and the ranch style is now showing signs of a comeback.

A number of factors have contributed to this resurgence of demand for ranch homes. A large portion of home buyers in today’s market are aging baby boomers and first-time buyers. Both the young and the old have recently shown increasing interest in doing all their living on the first floor of the home, and the ranch style offers that. Ranch homes have grabbed the interest of many baby boomers as they are getting older and find the style a good solution for downsizing and avoiding stairs. Many first-time home buyers with young children also like the idea of one-story living to avoid worrying about the safety of stairways. The ranch also offers these young buyers more affordable options that give them more bang for their buck.

Another reason for the ranch revival is the nicer lots many of them were built on in the ‘50s and ‘60s. Unlike the older bungalows and many of the new constructed two-story homes seen in recent neighborhood developments, older ranch homes are often found on larger lots. As more home buyers have been expressing an increased demand for a good yard size and mature trees, the ranch has been getting more attention.

Architecturally, the ranch also has a lot of unique potential. Home owners who like the contemporary style of an open-style floor plan have found that the ranch style can be easily remodeled to convey the open look without compromising structural support. Additionally, if the lot size allows, the ranch is also known to be relatively easy to add on to. Home owners are drawn to the opportunity of increasing their home’s square footage and resale value when their time and money allow.

It is hard to tell if this upward trend will continue to climb, but for now, it is evident that many homebuyers have a newfound appreciation for the ranch.

 

Adapted from article at http://realtormag.realtor.org/

 

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Posted on October 1, 2014, in Buying, Owning, Real Estate 101, Selling. Bookmark the permalink. Leave a comment.

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