While this term may slightly differ between the United States and the United Kingdom, contemporary houses are generally houses that have been built in the last thirty years, thus affording them a contemporary and modern style. Such dwellings can frequently be found on larger residential housing estates; condominiums being perhaps the most well-known term that describes these properties.
Contemporary houses are those which contain most of the modern amenities that can be enjoyed such as central heating, energy-efficient appliances and double-glazed windows. Also, many contemporary homes espouse the idea of presenting the resident with as much open space inside as possible. This will make up for the fact that on modern housing estates, the size of a garden will often times be rather limited due to the proximity of other homes.
However, a contemporary house can certainly exist outside of the residential estate environment. In fact, older homes can very well be remodeled to reflect a more modern flavor. As these homes are normally made from newer and more cost-efficient materials, they may be cheaper than older homes although this will naturally vary in relation to the real estate market and their location.
Contemporary houses are one of the most popular options for new families as well as with older couples who are looking for a home that suits their needs. Therefore, most real estate booms will be characterized by a focus on constructing housing estates that contain these modern and contemporary alternatives. This trend is only expected to continue into the future.