starter home

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starter home

A home that is smaller than the typical homes in an area, and thus less expensive and easier for first-time home buyers to acquire.

References in periodicals archive ?
Of course, back then bread was 10 cents a loaf, a new car could be bought for $650, and what is called a starter house today went for $5,000 or so.
It will be older, smaller homes that have not been expanded or remodeled,'' she said of the starter house today in this market.
As it is we've got a nice starter house and we are living comfortably.
Owners Vic Magnotti and Mary Porter bought the one-bedroom starter house as a fixer-upper.
It was good ol' real estate yenta Yolanda Yakkettyyak, who first spilled the beans, and property records now confirm, that baby-faced pop star Bruno Mars surreptitiously sold his sleekly outfitted Los Angeles starter house in an off-market deal for $3.
Miller Homes has confirmed its place as one of the North- East's leading homebuilders, recently winning the award for Best Starter House at the 2006 21st Century Living Awards.
During the same period the average price of a starter house here has soared by 239% from pounds 18,194 in 1983 to pounds 61, 620 last year.
Liz Weiss-Hodson and Glenn Hodson say their family has outgrown the starter house.
The interesting thing is first-time buyers account for four out of ten transactions, so they're finding ways to do it -- either with a small starter house, a condo, or some kind of sharing arrangement.
Henson has rented out her modest starter house in Glendale for $3,700 per month, above its published $3,400 list price.
The Best Starter House award went to Miller Homes for its two-bedroom Yare at its Beachcroft development at Hadston, near Druridge Bay, in Northumberland.
Miller Homes won the Best Starter House category for The Yare at the Beachcroft site near Druridge Bay in Northumberland.