Many in the housing sector are wondering not just what today’s house buyers really want, but also what they’re ready to give up in light of current financial realities. A brand-new study recently published by NAHB, What House Buyers Really Want, was developed to answer these questions, and more especially, to provide the most current and precise info on buyer personal tastes so that NAHB members could deliver the house which today’s buyers want and are prepared to cover.
So what do home buyers actually want? The first response is energy efficiency. Four of the top most sought-after features include saving electricity: 94 percent of home buyers want electricity star rated appliances, 91% want a power star rating for your entire home, 89 percent want electricity star rated windows, and 88 percent need ceiling fans. The 2nd message buyers are sending is they need help to maintain their house organized. The laundry room is wanted by 93% of buyers, in fact, 57 percent believe it necessary and will be less likely to buy a house with no. This demonstrates that most buyers want to maintain the dirty laundry contained in an area and away from plain view.
Additionally, 9 out of ten buyers need a linen closet in the bathroom room to keep towels and blankets arranged. Space in the garage to store bicycles, sports gear, or gardening tools also ranks high on your buyers wish list: 86 percent need it. And a walk-in pantry in your kitchen is something many buyers care a lot about as well.
What attributes should builders be cautious around including in a typical new home? First, an elevator. Seventy percent of buyers reject it, meaning they’d be less likely to purchase a house that comprised it. Interestingly, four of the following five most undesirable features aren’t about the house itself, but about the community. For instance, 66 percent of buyers don’t wish to live in that a golf course community, 56 percent refuses your idea of living in that a high-density neighborhood, 48 percent don’t need a gated community, and 44 percent wouldn’t purchase a house in a mixed-use community.
More than 50% of all buyers also discard your option of having just one shower stall in the master bathroom with no tub, and several are saying no to two-story spaces as well. About 43 percent of buyers don’t need a two-story family area and 38 percent feel the exact same way about a two-story entry foyer. Many buyers now believe these large, open spaces as electricity inefficient the last thing that they want for their homes. A complete outdoor kitchen isn’t an essential outdoor.
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