A starter home is term used to describe a relatively small and affordable home that is well-suited for first-time homebuyers. These homes typically don’t come with luxury upgrades, may be relatively ...

In the 1960s, the median size of a single-family home in the U.S. was roughly 1,500 square feet. Most homes built then were "starter homes" because they were affordable and ranged from 1,200 to 2,000 ...