|Log Home Stats
Log & Timber Frame Homes Increasingly the Choice of Baby Boomers in Urban Centers Seeking Rustic Refuge From Todayâs Hurried Pace(Chantilly, VA)
– Itâs not just celebrities like Oprah Winfrey and Ted Turner that are enamored with the beauty of log homes. Seeking shelter that provides a natural refuge from todayâs frantic pace, baby boomers are building log and timber frame homes near urban areas in record numbers.
Total sales volume of log homes have surged 46 percent since 1995, with the $1.4 billion industry now capturing more than seven percent of the custom home market nationwide, according to a new study by the Log Home Living Institute in Chantilly, Virginia.
âLog homes resonate with buyers craving a simpler lifestyle. But while rugged is appealing, roughing it is definitely out. Thatâs why todayâs log homes are more often upscale structures that provide all the amenities of modern living in an environment that offers sanctuary and a powerful connection to nature,â? says Anne Marie Kupferer, executive director of the Log Home Living Institute.
âBased upon log home production statistics gathered since 1977, we estimate there are currently more than 500,000 modern log homes in the United States and Canada, and more than 90% are used as primary residences. More families live in a modern log homes today that at any time in history.â?
The log home industry in North America created 25,177 structures on a volume of $1.4 billion in 2001. This is an increase of 12% in unit production and 46% in dollar volume compared to an analysis of the market six years ago.
Colorado was the most popular place to build a log home (1,416 homes) in 2001, followed by New York (1,292), North Carolina (1,163), Wisconsin (1,090) and Michigan (1,056).
Sales figures are for log home building materials packages, not finished homes. A building materials package generally consists of the log walls, roof system, doors, windows and porches, which is roughly one-third the final cost of building a log home. Tripling this figure would approximate the total cost of finished log homes, exclusive of land and land development. That calculation would place the total value of log homes built in 2001 at $4.1 billion.
For a full copy of the 2001 Log Home Production & Construction Report or photography to illustrate this story, contact theLog Home Living Institute.
About the Log Home Living Institute. The Institute is an organization of log home owners and enthusiasts created by Home Buyer Publications in Chantilly, Virginia, which publishes Log Home Living and Timber Frame Homes consumer magazines.