What Are 2021 Home Buyers Looking For?
As homebuyers look back at 2020, many are excited to make positive changes in the New Year. The global health emergency impacted people around the globe. In addition to changing the way we interact with others; it also changed the way in which people look at their homes. As stay-at-home orders kept most of us inside, homeowners everywhere realized their existing home didn’t quite meet their needs or the needs of their family. This has led to an increase in people looking to buy in 2021.
Homebuyers today want specific features that will make their life more comfortable. Before selling, homeowners may want to consider making upgrades and improvements. Most prospective buyers will pay a higher price for homes in desirable neighborhoods with the features they need.
A recent study conducted by the FMI Foundation found that 94% of U.S. adults are cooking the same amount or more than they did before the pandemic. Of those surveyed, 78% reported they have positive feelings about family meals. In fact, 85% plan to eat family meals more often after the pandemic. It only makes sense that homebuyers want a space for eating with family.
In addition to providing enough space for family to dine together, an eat-in kitchen makes it easier for family members to participate in other activities as well. This large space allows children to complete school assignments, parents to work from home, and family to gather for board games or other activities.
Outdoor Living Space
As people spend more time at home, outdoor living space becomes more important. This is especially true in warmer parts of the country like Southern California. Even a small patio or balcony provides homeowners with a welcome escape from indoors.
In addition to upgraded outdoor lighting fixtures, fire pits and BBQs, and outdoor ceiling fans, homeowners want a fenced-in backyard. A well-constructed fence provides privacy and keeps kids and pets safely inside.
An increasing number of millennials and first-time buyers are looking to make the switch from apartment life to owning a home. These buyers are looking for something their apartment didn’t offer – a private garage. Parking in a garage extends the life of vehicles and helps keep them at a comfortable temperature during hot weather. A private garage also provides additional security and storage for homebuyers.
An increasing number of homebuyers want energy efficient features. These buyers understand that energy efficient appliances and newer doors and windows reduce energy costs and help protect the environment.
Homebuyers are choosing homes they can live in for many years to come. They want a home located close to everything they may need both now and in the future. These buyers gravitate towards homes located close to shopping, entertainment, good school districts, and employment opportunities.
Strategic Sales and Marketing offers a variety of real estate sales and marketing services. Our team has years of experience working with the real estate industry and understands the steps required to identify and connect with potential buyers.