The Top Features Home Buyers Want (and Need) in 2021
Wednesday Feb 10th, 2021
When it comes to buying a home, it’s important that home buyers separate the features that they want from what they actually need.
While a sauna and a home gym might be nice features to have, having at least two bathrooms or a functioning dishwasher for a family of five is more of a priority.
The Home Buyers Survey 2021 revealed the most sought-after features today’s male and female home buyers are looking for, and it turns out, buyers are a lot more practical than what you might expect — especially now that we’ve been living with the pandemic for almost a year.
It was conducted that the top three wants and needs did not include an updated kitchen or an open-floor concept — two features that are often highlighted in the descriptions of homes for sale. Though that doesn’t mean that an updated kitchen isn’t desirable, as 66% of buyers said this is still a “vital” feature, it’s just that other needs took priority.
Case in point, the top four features home buyers want in 2021 are a main floor bathroom (71%), a garage (70%), a master bedroom with an en suite (68%), and a private outdoor space (68%).
It was noted that while home shoppers were seeking these features in prior years, having more privacy and access to outdoor space appears to have taken on a higher level of importance among those shopping for a property amid the pandemic.
It is said trends show that more people made the decision to live with a significant other in 2020, compared to 2019. As a result, men and women appear to agree on some of the most desirable home features, but preferences start to shift once these short-listed items are met.
As home-buying activity continues to remain strong, especially as the vaccine rolls out and consumer confidence strengthens, sellers need to consider where to spend their money when it comes time to update and remodel their property before listing it for sale.