What Homebuyers Want
Thursday November 13, 2014
The most recent Home Design Trends survey from the American Institute of Architects shows even more proof of the housing market’s continuing uptown. The annual survey analyzed new home construction mid 2014 and the results showed that homebuyers are voicing their want for added non-essentials in their new homes.
One of the most promising trends is the increase in special function rooms. Non-essential spaces such as exercise rooms, outdoor living rooms, and media rooms were common in the buyer’s wants. Likewise, smart technology systems such as tankless water heaters, electric car charging stations, smart thermostats and smart technology wiring throughout the home were among the things frequently installed during new home construction.
The survey also showed the changing dynamic of the last few years. With more and more businesses offering employees telecommuting opportunities, an office area has become a key staple in new home design. A private in-law or au pair suite complete with bath is another extremely popular trend as multiple generation housing grows more common.
In another Consumer Insights study of over 20,000 new home buyers, conducted by John Burns Real Estate Consulting, it came to light that the boomer generation, Gen X, and Gen Y can all agree on their top priority when buying a new home: proximity to a grocery store. It also turned out that the three generations agreed on a second-choice amenity: restaurants close by. All three generations also ranked community-wide events as more important than swimming pools and park proximity.
As the market for new homes continues to grow Lamar Smith Signature Homes diligently tracks homebuyer trends and preferences, ensuring that we built the best homes to meet and exceed all the professional and personal needs of our homebuyers.