Wednesday, September 03, 2014

Who Has a Basement?

Only 29 percent of the 569,000 new single-family homes completed in 2013 included a basement. Basements are uncommon in new homes because most are being built in the South, where basements are a rare commodity. Here is the number of new single-family homes completed in 2013 (and the percent with a basement) by region...

Northeast: 48,000 (71%)
Midwest: 96,000 (72%)
South: 296,000 (10%)
West: 129,000 (27%)

Source: Census Bureau, Characteristics of New Housing

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