What are important features to home buyers

Does your house have the features that are important to home buyers?what home buyers are looking for in a home

Every year the National Association of REALTORS conducts an extensive survey of recent home buyers to gain an understanding into what are important features to home buyers.  The results of the 2013 survey have now been released revealing what home buyers are looking for today.  So what did the typical buyer buy?  According to the survey, the typical buyer bought an 1,860 square foot,  3 bedroom home with two baths that was built-in 1996.  So there you have it, if that describes your home, take comfort in knowing it is just what the typical home buyer today is looking for…now all you have to do is  price it right and it will sell.  To find out the value of your home, I suggest you check out St Louis House Values or contact me and I’ll help.

Important features to home buyers :

  • Slightly over half of the homes purchased were single level homes
  • Southerners tend to want a home that is less than 5 years old on a wooded lot.
  • Seventy-eight percent of all buyers purchased a home with a garage.
  • Forty one percent of the homes had basements (most popular in the Midwest and Northeast regions)
  • Buyers over 55, and single women consider a single-level home important
  • Central air conditioning ranked as the most important feature to home buyers with 65 percent of them saying this was “very important”. The next most important feature was a walk in close in the master bedroom (39 percent).
  • Buyers are willing to spend the most additional money to get a waterfront home or a home less than 5 years old.
  • Fifty-five percent said it was important to have a living room.
  • 97 Percent of recent home buyers said they were satisfied with the home they purchased.

 

 

 

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