What do Buyers Look for in a Home

One of the significant milestones in many people’s lives is buying a home. Homeownership represents a significant investment and long-term commitment. Therefore, it’s crucial to prioritize the features and amenities that matter most to you when looking for a new home. In this article, we will discuss some of the top desires of home buyers based on recent studies and surveys.

What do Buyers Look for in a Home
What do Buyers Look for in a Home

Top Desires of Home Buyers:

According to a study conducted by the National Association of Home Builders (NAHB), the top desires of home buyers are:

  1. More indoor space
  2. Access to outdoor space
  3. High-speed internet and strong cell service
  4. Updated kitchen
  5. Proximity to essential businesses

Let’s explore each of these desires in detail.

More Indoor Space:

In today’s world, people spend more time than ever in their homes. The COVID-19 pandemic has forced many people to work from home, and remote learning has become the norm for many students. As a result, the need for more indoor space has become a top priority for home buyers. According to the NAHB study, 86% of home buyers want more living space, and 81% want more storage space. Additionally, 51% of home buyers want more bedroom space.

Access to Outdoor Space:

Having access to outdoor space has become increasingly important for many people. Outdoor spaces, such as patios, decks, and yards, provide a space for relaxation and recreation. In the same NAHB study, 64% of home buyers indicated that outdoor space was essential. Additionally, having access to parks and other outdoor amenities was also important to many home buyers.

High-Speed Internet and Strong Cell Service:

In today’s digital age, high-speed internet and strong cell service have become a necessity. Many people work from home and require a reliable internet connection to do their job effectively. Additionally, many people rely on their mobile phones for communication, entertainment, and other essential tasks. The NAHB study found that 56% of home buyers want high-speed internet and strong cell service.

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Updated Kitchen:

The kitchen is often considered the heart of the home. It’s a place where people gather to cook, eat, and socialize. Therefore, having an updated kitchen is important to many home buyers. According to the NAHB study, 52% of home buyers want an updated kitchen. This desire includes modern appliances, ample storage, and a functional layout.

Proximity to Essential Businesses:

Having essential businesses, such as grocery stores, pharmacies, and healthcare facilities, nearby is also important to many home buyers. The NAHB study found that 51% of home buyers want to be close to essential businesses. This desire is especially important for older adults who may require more frequent access to healthcare and other essential services.

In other words buying a home is a significant investment and long-term commitment. Therefore, it’s essential to prioritize the features and amenities that matter most to you. Based on recent studies and surveys, some of the top desires of home buyers include more indoor space, access to outdoor space, high-speed internet and strong cell service, an updated kitchen, and proximity to essential businesses. By prioritizing these desires, you can find a home that meets your needs and provides a comfortable and enjoyable living experience.

What Do Buyers Look For in a Home?

Dan Skelly Real Estate

Dan Skelly is a real estate broker/owner/agent at Orson Hill Realty in Evergreen CO. Dan is also a Realtor in Southwest Florida on Marco Island and Naples Florida