Home Buyer Preferences
According to the National Association of Home Builders’ Consumer Preferences survey, these are the features most in demand among today’s home buyers:
Top 5 Kitchen Features
1. Walk in pantry: 86 percent
2. Island work area: 80 percent
3. Special use storage (custom made for appliances): 66 percent
4. Built-in microwave: 72 percent
5.Drinking water filtration: 69 percent
Top 5 Bathroom Features
1. Linen closet: 89 percent
2. Exhaust fan: 88 percent
3. Separate shower enclosure: 79 percent
4. Water temperature control: 79 percent
5. Whirlpool tub: 66 percent
Top 5 Specialty Areas
1. Laundry room: 92 percent
2. Dining room: 81 percent
3. Home office: 71 percent
4. Den/library: 63 percent
5. Sun room: 53 percent
Top 5 Decorative Features
1. Ceiling fan: 83 percent
2. Built-in shelving: 70 percent
3. Window seats: 51 percent
4. Woodburning fireplace: 48 percent
5. Gas fireplace: 48 percent
83% of home buyers express a preference for ceiling fans? Not in my Los Angeles market.
Top 5 Community Features Preferred
1. Walking/jogging trails: 49 percent
2. Park area: 46 percent
3. Outdoor swimming pool: 39 percent
4. Lake: 34 percent
5. Playgrounds: 32 percent
Often requested community features in my Los Angeles market are great public schools and access to public transportation such as the Gold Line
ok...these types of observations only depress the home buyer in southern California who...for their half a million dollars...is hoping for good plumbing, at least 650 sq feet, and a neighborhood not featured on the 5:00 news. Perspective. I put walk-in pantry and built-in microwave on my list of requirements and the agent escorts me to the door while laughing uncontrollably. That is, if they even take my call.
Reply to this
You are looking in the wrong neighborhoods. Try looking in Glendale, Eagle Rock, Burbank.
$500k will get you a very decent home... not a palace but decent in a safe neighborhood. if you can accept condo/townhome you can get something very nice.
Reply to this