The National Association of Home Builders conducts an annual survey (since 2003) tracking what home buyers really want in their homes. The survey gathers information from recent home buyers who have purchased homes in the last three years and from prospective home buyers who plan to purchase a home within the next 3 years. The order of importance of the features they look for ranges from essential/must have to desirable.
The following list orders the “essential” items for 2019 buyers.
1. Laundry room
2. Ceiling fan
3. Double kitchen sink
4. Energy Star rated appliances
5. Energy Star rated windows
6. Garage storage
7. Exterior lighting
8. Patio
9. Walk-in pantry
10. Hardwood flooring
Of note is the patio. Although it currently is # 8 on the list, it has increased in importance for home buyers every year since the survey began.
The list can serve as a guide for home sellers also. Upgrading or improving the items on the list has the potential to impact buyers.