Survey Spotlights Priorities of Homebuyers
SANTA CLARA, CA— With life returning to normal as the COVID-19 pandemic declines, prospective homebuyers have actually established a particular set of concerns when it comes to the products and style functions they desire in their next house.
That is the key conclusion of a brand-new nationwide study conducted by Realtor.com. The recent online survey included more than 1,200 grownups over the age of 18 who plan to purchase a home within the next 12 months, according to Realtor.com, which is operated by publicly traded News Corp under a license from the National Association of Realtors.
“ The COVID pandemic ushered in a brand-new method of thinking of what couch potato sofa with chaise‘home‘ means, which is influencing much of what today‘s house buyers are searching for,“ said George Ratiu, senior financial expert for Realtor.com, which reported that the desire for additional space was the top factor driving home shoppers‘ decisions to purchase a brand-new home in the coming year. Study reactions likewise suggest purchasers are looking for more flexibility in their home space and price in exchange for a shorter commute, the new truths of a post-COVID world, Ratiu said.
“ Garages, large yards and space for animals constantly rank high up on purchasers‘ wish lists, however those functions have grown in value,“ he said. “The pandemic has elevated our relationship with family, in addition to the need for our home to serve numerous purposes, especially the ability to work remotely. As a result, we‘re putting a premium on the requirement to accommodate extended family, and features like a office and broadband web.“
When asked which house functions have become a priority as a result of the pandemic, a quiet location (28%), an upgraded kitchen area (25%) and garage and big yard (24% each) topped the list. Outdoor living location (20%), area for animals (18%), upgraded restrooms (19%), office and broadband internet capabilities (17% each) and open layout (16%) completed the leading 10 pandemic-induced most desired home features (see graph, left).
Sixty-five percent of participants suggested that they are considering extended the best sectional sofa with chaise household when they look for a home, with almost a quarter specifying that they are planning to purchase near relative, Realtor.com reported. One-fifth of those surveyed stated they will have extended household dealing with them full time, while 30% said their brand-new home would require to accommodate extended family sticking with them part time or going to.
Reducing in significance from prior studies was the need for a short home office furniturecommute time and a house with smaller square video. For instance, just 9% of those polled indicated a short commute time was a concern, and just 4% said they are trying to find smaller sized square video. This was below 11% and 8%, respectively, prior to the pandemic.