Wednesday, January 30, 2008

 

Today’s New Home Trends

Dear Sue,

As a builder I want to do some research on what buyers are expecting to find in a new home.

Since building is a little off right now, I have time to gather information and do some planning before I launch my next project.

So Sue, what do today’s buyers want to see in a new home?

Curious Cal

Dear Cal,

When fisherman can’t go to sea they repair their nets. I think that it is great that you want to put some time into planning and preparing.

With headlines about global warming, rising fuel prices and going green, environmental concerns and energy conservation are at the forefront of public consciousness. Today’s buyers are looking for homes that are energy efficient. They are also looking for homes that are built with materials that have less environmental impact including materials that have been recycled.

Recycled and sustainable materials are creating a new aesthetic sacrificing nothing to beauty and function. For example, recycled glass and wood are being made into amazing surfaces. Responsibly harvested material like bamboo is surprisingly beautiful.

Today buyers are also looking for open multi purpose spaces. Formal rooms are becoming a thing of the past.

The kitchen is the most highly valued room in the house. Today‘s buyer prefers a large kitchen open to other living spaces. Buyers expect the kitchen to be high-tech. By that I mean wall mounted high-def flat screen TV’s. Stainless and granite are no longer all the rage.

Functional outdoor living space is in high demand especially for the upscale buyer. Out door kitchens and fireplaces are on the top of the list. Fortunately for a builder, outdoor living spaces are a relatively inexpensive way to add space to a home.

According to the National Association of Realtors, 60% of 2530 buyers surveyed said a garage with two or more spaces was very important to them. The garage is becoming an extension of the home. Buyers see it as flexible space that can be used for many different purposes.

Building a green home with an open high-tech kitchen, flexible space, outdoor living and generous garage is a matter of good Home $$s and Sense.

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