Amidst the increase of the costs, houses with smaller living areas are in high demand. That being said, currently, 36% of surveyed individuals do not want to have a property larger than 120 sq. m, while previously, 90% opted to reside in a home with an area that exceeded 150 sq. m.
Due to the ongoing trends on the Austrian real estate market, it is recommended to extend the construction period, which will ease the financial burden. It is worth noting that Burgenland is the most affordable province in Austria at the moment in terms of a family home purchase
, with the average price at EUR 192,000.