Skip to content

Lazar Real Estate Services

Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group

  • About
    • Client Testimonials
    • Contact
  • Search
    • Featured Properties
    • Turlock Homes for Sale
    • Residential for Sale
    • Solds
      • Pending Sale
    • Lots and Land for Sale
  • Resources
    • Turlock Resources
    • Merced Resources
    • Modesto Resources
  • Residential Services
    • John & Nellie Lazar Sell Homes
    • Let’s Find Your Dream Home
    • Get New Listing & Price Change Alerts
  • Commercial & Land
    • Commercial for Sale
  • Home By Design
  • Blog
  • Home
  • Blog
  • The High-Priority Home Features for Buyers

The High-Priority Home Features for Buyers

Posted on February 21, 2019 By admin No Comments on The High-Priority Home Features for Buyers
Blog

Laundry rooms and Energy Star–compliant windows topped the list of what buyers considered the most “essential” or “desirable” features in a home, according to the National Association of Home Builders’ 2019 “What Home Buyers Really Want” report, released at the NAHB International Builders’ Show in Las Vegas this week. Most of the features that new homeowners or aspiring buyers ranked highest related to helping them save in utility costs, add extra storage, and spruce up the outside, said Rose Quint, the NAHB’s assistant vice president of survey research.

The NAHB surveyed nearly 4,000 consumers who either purchased a home within the last three years or plan to buy a home in the next three years to identify their top desires in a home. Consumers were asked to rank 175 home features based on how essential they were to their home purchase decisions.

Consumers ranked the following home features highest:

  1. Laundry room: 91%
  2. Energy Star windows: 89%
  3. Patio: 87%
  4. Energy Star appliance: 86%
  5. Ceiling fan: 85%
  6. Garage storage: 85%
  7. Exterior lighting: 85%
  8. Walk-in pantry: 83%
  9. Hardwood flooring: 83%
  10. Double kitchen sink: 81%
  11. Energy Star–whole home: 81%

While consumers may rank certain energy-saving features highly, they may not be motivated to pay more for them, Quint said. Sixty-eight percent of consumers said they are concerned about the environment and would like an environment friendly home, but they were not willing to pay extra for one.

However, when asked if they would pay more for a home to save $1,000 a year in utilities, the responses changed. Forty-six percent of respondents said they’d pay an average of $1,000 to $9,999 more for a home to save $1,000 per year on their utility bills; 37 percent would pay $10,000 or more.

“Buyers may not be turning their hearts to the concept of saving the environment, but they will respond positively if you put it in the dollar sense of what they can save,” Quint said. “This shows it’s important to advertise homes on the savings it will bring the home buyer and how it could put money back in their pocket.”

Additional consumer preferences that emerged from the survey included:

  • 86% prefer an open layout, where the kitchen and dining room are open, either completely or partially.
  • 70% of consumers prefer the washer and dryer on the first floor.
  • 67% prefer 9-foot ceilings on the first floor.
  • 64% want two or two-and-a-half bathrooms.

On the other hand, the survey found the features that ranked the lowest on home buyers’ wish lists:

  1. Elevator: 66%
  2. Wine cellar: 57%
  3. Daycare center: 50%
  4. Plant-covered roof (partially or completely): 50%
  5. Pet-washing station: 49%
  6. Dual toilets in the master bath: 48%
  7. Cork flooring: 47%
  8. Golf course community: 47%
  9. Two-story family room: 47%
  10. High-density development: 46%
  11. Laminate kitchen countertop: 46%

Source: realtor.com ~ By: Melissa Dittmann Tracey ~ Image: pixabay.com

Post navigation

❮ Previous Post: 5 Reasons 2019 Is The Most Important Year For Housing In 10 Years
Next Post: SOLD – 2535 Mira Flores Dr Turlock ❯

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Lazar Real Estate Services

331 East Main Street
Turlock, CA 95380
(209) 668-5059 | (209) 602-7070

Lazar Real Estate Services

Lazar Real Estate Services

Categories

Copyright © 2022 Lazar Real Estate Services.

Theme: Oceanly by ScriptsTown

Cleantalk Pixel