Saturday, October 24, 2009

Trends in New Construction-Including LESS Space?

Q. We are thinking of buying a new home. What are the trends in new home building?

A. Buyers have their own personal preferences in what they like in a home. But a recent survey by the National Association of Home Builders found the top 10 new home trends:
1. No Living Room. Over 30% of homebuyers will buy a home without a formal living room, preferring special interest rooms.
2. Less Square Footage. For the first time in over 75 years, builders are producing smaller homes to meet buyers cost requirements.
3. Extensive Wiring. Wiring for high-tech equipment and entertainment is a must for new home buyers.
4. Activity Rooms. Many homebuyers want home offices, dens, exercise rooms, and game rooms.
5. Spacious Garages. Buyers want lots of storage space and workshop areas.
6. Traditional Exterior. Homebuyers prefer traditional American and European architectural styles.
7. Storage Areas. Homebuyers favor walk-in pantries, special interest cabinets, and walk-up attics.
8. Lower ceilings. Fewer two-story rooms are being built today.
9. Unique Kitchens. Over 78% of buyers want a walk-in pantry.
10. Future Options. Homebuyers plan for their future years. They want wide hallways, main floor suites, and walk-in shower stalls.
If you are in the market for a buying or selling a home and need competent and caring representation, please call me at 206-226-0565.

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