BUYERS PREFER QUALITY OVER SQUARE FEET!
Today’s buyer prefers quality over square footage. In a recent study by the National Association of Home Builders, today’s home buyers are much more price sensitive then in the past and prefer quality over square footage. 62% of those responding to the study indicated they would give up square footage for high end amenities such as wireless home security or WiFi controlled utilities. Even though style rates high on the buyer’s list (French doors, hot tub & separate shower), energy efficiency is important. Energy Star rated appliances and energy efficient laundry rooms are appealing. As far as location goes, 36% said they prefer outer suburbs, 30% said they want inner suburbs, 8% prefer the city life, and 27% want to be “out in the sticks”. Outdoor amenities are important…buyers want parks, jogging/biking trails, and pools nearby.
