January 27, 2020
First-time and repeat buyers say they’d rather have a smaller home with high-quality amenities than a bigger property with fewer such features, according to a survey the National Association of Home Builders released during the International Builders’ Show last week in Las Vegas. The NAHB’s report, titled “What Home Buyers Really Want,” identified the following features as being most desired by both segments of buyers.
Energy Star–rated windows
Kitchen double sink
NAR’s Profile of Home Buyers and Sellers: 5 Trends You’ll Notice Among Your Clients
Builders reported that designers are including flexible spaces that add greater functionality to laundry rooms. They’re also creating more outdoor spaces to seamlessly integrate indoor and outdoor living.
The survey also uncovered the most likely features that single-family homebuilders say is becoming standard in most new homes built today, including: walk-in master closets, low-emissivity (low-e) windows, and laundry rooms. Also, builders say they’re more likely to add energy efficient features, such as lighting, programmable thermostats, and Energy Star–rated appliances. The open design concept, along with great rooms and 9-plus-foot ceilings on the first floor, is also becoming common in newly built homes, the survey finds.