A recent trend in home construction points to growing polarization in the market, as more new homes come with three-car garages than ever before.
Twenty-four percent of homes built last year had garages for three or more cars, according to an analysis of Census data by Robert Dietz, chief economist for the National Association of Home Builders. That is up from 16 percent of homes in 2010, and 11 percent in 1992.
But it’s not so much that Americans want larger garages across the board. Instead, Dietz says homebuilders are increasing constructing houses for older, more monied residents, many of whom have teenage drivers and value three-, four-car garage homes.
“We’re seeing a substantial change in the mix of buyers that builders are catering to,” Dietz said. “The key point is that there has been a significant amount of weakness for entry-level, first-time buyers.”
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Another use may be as more storage space, particularly where basements are uncommon. The third space is a great place to put stuff without going to a storage place. In a lot of houses the garage is really a storage space with no space for cars.
LOL! Yeah, most of the homes in our neighborhood the garages are filled with “stuff” and the owners have to park their cars out in the street and/or driveway.
We’ve actually gotten comments from our neighbors and vendors that their shocked/surprised that we park our car in our garage.
I guess that we just like to live frugally and not have to much “stuff”.