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6 June 2013

5 Features Buyers Want Most In a Home

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Buying a home is an important decision in life with everything from location to unique features impacting a buyer’s decision.

recent survey from the National Association of REALTORS® questioned buyers about what particular features swayed their decision more than others and which features they want most in a home.

The list included household composition, age of the home and even whether or not air conditioning was available. Below are five of the features buyers considered most important in their decision to purchase.

5 Features Buyers Want Most In a Home

  1. Eat-In Kitchen

An updated or modern kitchen is often found at the top of a homebuyers most wanted checklist. However, this survey found that an eat-in kitchen was an item many buyers crave.

69 percent agreed that they would gladly spend more for an eat-in kitchen while 89 percent of buyers who said this feature was critical did indeed purchase a home that included an eat-in kitchen.

Eat In Kitchen

  2. Sufficient Storage

Homebuyers want a home that offers smart and sufficient storage. Such options include linen closets, built-in storage spaces and a large walk-in closet.

closet storage

  3. Garage

A garage ranked as critical with 78 percent of the homebuyers polled purchasing a home that included at least a one car garage. A garage will add to resale value making this a smart choice in both the short and long term.

Owners said they look to their garage to serve multiple purposes including shelter for their automobile, storage for belongings and an extended work space.

garage

  4. Central Air Conditioning

Out of the 33 features within the study, central air conditioning was at the top of the list. 65 percent of all homebuyers considered this vital to their decision to purchase.

In fact, 69 percent of buyers who had purchased a home without central air conditioning stated that they would be willing to spend $2,500 more for a home that included air.

It should be noted that buyers in the Southern part of the United States placed a higher importance on AC than anywhere else in the country. Those hot and humid summers are undoubtedly the driving force behind that.

air conditioning

  5. Cable-Satellite TV

Homebuyers who preferred a home with central air conditioning also considered cable or satellite TV as an important feature. Amazing to think that there was a day when homes did not include cable, satellite or internet!

cable satellite

What features do your clients find most important? We’d love to hear from you in the comments below!

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3 thoughts on “5 Features Buyers Want Most In a Home

  1. I have to agree about the return of the “eat in kitchen”. The kitchen is still the heart of the home and for too many years and in too many homes, the spot for a kitchen table was eliminated and replaced with a counter.

    1. Hi Rosemary! I completely agree with you. The kitchen table was always the heart of my home growing up and sadly we saw that trend move towards the couch as the TV replaced quality family time. I’m happy to see it make a comeback!

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