In 2010, home buying trends demonstrated that most homebuyers want smaller homes. The ideal house is now 1,000-1,999 square feet; down from 2,400 square feet five or ten years ago. Most people also want to live in the suburbs in a safe area. They look at the upkeep of homes and lawns to determine whether a neighborhood is safe. Home buyers want big backyards and prefer shopping and other amenities that are easily accessible to where they live.
The trend is also towards larger eat-in kitchens and away from formal dining rooms. Home buyers want a home office rather than a formal dining room. Many home buyers also want gardens and desire an eco-friendly home with energy saving features and appliances.
Most sought after features of new homes
Most current homebuyers want large kitchens with islands, smaller garages and central air conditioning. They also favor custom designed walk-in closets and state of the art refrigerators and dishwashers. Appliances, windows and insulation that save energy are also high on the list of most wanted features in new homes. Home buyers want their master bedrooms on the first floor and prefer large bathtubs rather than whirlpools.
For many home buyers, a good location is at the top of the list. Many want a scenic location near the sea or in the country. However, they also want access to good public transportation. If they live in the country or in the suburbs, they want to be within reach of a major city or town.
The importance of green spaces around new homes
Homebuyers want to live in an area that has walking and bicycle paths. They are no longer interested in living near a golf course or a clubhouse. According to new home buying trends, they do not need private swimming pools or spas on their property. They are more interested in community landscaping of green spaces in the area. This is in keeping with the current emphasis on green home trends.
Downsizing and natural materials
Homebuyers are serious about downsizing. They want smaller garages to go with their smaller homes and smaller cars. Instead of three-car garages, they are satisfied with garages that can accommodate only two cars. They also favor natural materials for the exterior of their homes. Brick and stone are in; stucco and vinyl are out.
The good news is that homebuyers want to make a smaller carbon footprint, and they are taking green home trends more seriously.