Owning a cookie-cutter oversized house was just a generational thing, like shag carpet and pet rocks.
And thus it begins: Reuters cites a growing trend of people wanting to live in human-scale houses:
Some say this trend is a good alternative to suburban sprawl when the denser housing takes the form of a diverse neighborhood, with businesses, shops and public space all located within walking distance.
(That's probably why humanity has built that way for basically five thousand years.)
I've often thought that the misguided aim of owning a starter castle out in the 'burbs was a Baby Boomer thing. I can't wait for the day when we look back at those rediculous formerly-upscale-but-now-mostly-dated-and-still-treeless cookie cutter homes out in the middle of nowhere and say "what the hell were people thinking?"

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