The thing about real estate is that you actually want some dirt when you buy a house. Depending on where you’re moving from, lot sizes in Colorado Springs could look pretty nice or really tiny to you. Many of the newer homes in the northeast part of town, such as Banning Lewis Ranch and Stetson Hills, are sandwiched on lots barely a tenth of an acre. But, you get what you pay for, and in Colorado Springs a lot of what you pay for is the land in a highly desirable place to live.
Here’s a range of lot sizes – all were captured at the same zoom level so you can get an accurate picture of a bird’s eye view.
These lots range from about .16 to .20 of an acre. There’s just nothing like cresting a hill on Powers Blvd and seeing nothing but… the rooftops of houses on lots barely large enough to require a lawnmower.
And here’s a neighborhood with 1 to 1.25 acre lots. At this point, I think we can call it a piece of land and not a lot!
How does your lot compare to the rest of the US? Nationwide, the median lot size for homes built in 2007 was .22 of an acre. For the west region of the United States, which includes Colorado, the median was .16 of acre.
While doing some research for this post, I read an article about lot sizes in Las Vegas and someone was quoted as saying something to the effect of “there’s a limit to the tiny-lot madness, you can’t put a 2000 square foot house on a 1500 square foot lot.” Hmm, I think some developers would beg to differ. If you have a two-story home and can count finished basement and garage square footage, I think there might be some homes out there that are getting close to more square footage in the house than in the land!