What home buyers are looking for in a new home is reflective of the current real estate market and the overall state of the economy. Home sellers should be aware of these current market trends so that they can highlight those features already existing in their home or, when possible and cost-effective, to do some updating that will include some of those sought after wish list items. So what are today’s home buyers looking for in a new home? According to this article By Melissa Tracey , in REALTOR(R) Magazine, these are what home buyers seem to want most:

what-buyers-want

During the housing boom days, media rooms, wine cellars, and large expansive bonus rooms were all the rage. But ask today’s home shopper what they want most from their home and their wish-lists have gotten much more practical.

Today, it’s all about energy efficiency.

In fact, four of the top most desired home features center around saving energy, according to a new study released by the National Association of Home Builders, “What Home Buyers Really Want.”

With rising utility costs, more home buyers are thinking not just about the price of buying a home — but also how are they going to maintain it and keep it affordable once they move in?

Ninety-four percent of home buyers say they want energy-rated appliances; 91 percent want an energy-star rating for the entire home, 89 percent say they want energy-star related windows, and 88 percent want ceiling fans, according to the NAHB study.

They want the floorplan of the home to be energy efficient too. More buyers are showing less desire for a two-story entry foyer, the study finds. These large, open spaces are known as being less energy efficient.

So while energy efficiency seems to be chief on buyers’ minds these days, they’re also devoting a lot of time to sizing up the home’s storage space. Ninety percent of buyers say they want a linen closet in the bathroom to store towels and toiletries. Eighty-six percent say they also want space in the garage to store sports equipment and gardening and yard tools. And 85 percent say they want a walk-in pantry in the kitchen.

 

Timothy Real Estate Group has professional designers and stagers that can help you prepare your home for the war.  Gorilla tactics that work because it is a Price War and a Beauty Contest that can mean making and saving more with your property investment.  Stay informed about Puerto Vallarta Real Estate and sign up for our newsletter… click here

Timothy Real Estate Group – An innovative company setting new standards in Real Estate sales and services has the most professional and experienced Realtors in the Puerto Vallarta area who understand the intricacies of Mexican Real Estate ownership, the local market, Puerto Vallarta property codes and regulations and financing.  The Timothy Group uses that knowledge to provide a sound analysis on every aspect of property ownership. Timothy Real Estate Group is known for professionalism and experience and they bring this to every transaction they work on for the benefit of Real Estate investors and developers alike. Ask about our Real Estate Listings