The buyer of a single-family dwelling will live in it for over 13 years on average. Living in the same place for five years is a long time, let alone over a decade. In order to make a living situation as comfortable as possible, there are certain features or amenities that people enjoy having in their residence. New homes allow buyers to include every single feature that will make their day-to-day life better, such as a walk-in closet, separate laundry room, and extra-large bathtub. A recent survey showed that some other popular features for people in the market for a new home are separate pantries, garage storage, outdoor lighting, and modern security systems. Contractors read these surveys and build these desirable features into their structures. Buying a pre-owned residence means the owner will have to upgrade or install any extra features he or she wants. The average dwelling remodel starts at about $20,000 for a basic job and takes about two months. Furthermore, older residences are generally much smaller than newer construction. The average house size in 1975 was just over 1,600 square feet. Today, it is over 2,700 square feet.