The ideal dream house for 1988 sounds like "back to the future": It is a single-family, detached ranch-style house with 1,911 square feet of living area.
The preference is for a house like that owned by many of the parents of today's home-buying prospects, according to the 14th annual consumer survey conducted by Professional Builder magazine, a trade publication.
Consumers are motivated to buy this dream house--which has a national average price of $115,000--because of their desire to own property, the financial security that it promises and their belief that a home is essential in raising a family.
Traditional design is the preference for detached-home buyers, while condominium and town-house buyers prefer contemporary styling, according to the survey. Buyers would rather see larger kitchens and master bedroom/bath suites, while giving up space in the living room and having a smaller lot.