2 Surprising Things Homebuyers Really Want

Dated: 01/23/2020

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In currently low inventory market there’s still an interest in the market for some key upgrades!

Here are two surprising things buyers seem to be searching for in today’s market and it's impact on new home builds. 

Homebuyers Are Not Giving Up Their Garages

The National Association of Home Builders (NAHB) recently released an article showing the percentage of new single-family homes completed in 2018. The data reveals,

  • 64% of new homes offer a 2-car garage

  • 21% have a garage large enough to hold 3 or more cars

  • 7% have a 1-car garage

  • 7% do not include a garage or carport

  • 1% have a carport

Homebuyers Are Not Giving Up Their Patios

Patios are on the radar for buyers as well. Community areas are often common amenities in new neighborhoods, but as it turns out, private outdoor spaces are quite desirable too. NAHB also found that,

“Of the roughly 876,000 single-family homes started in 2018, 59.4% came with patios…This is the highest the number has been since NAHB began tracking the series in 2005.”

Bottom Line

Homebuyers are looking for garage space and outdoor patio living. If you’re a homeowner and considering selling your home with these amenities, it appears buyers are willing to spring for those key features 😊

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