Smaller homes — averaging 2,411 square feet, the lowest size in more than a decade — with more customization are in this year, according to a recent survey.
For its 2024 What Home Buyers Really Want report, the National Association of Home Builders (NAHB) surveyed recent and prospective homebuyers to pinpoint features they deem essential or desirable.
Based upon their report, here are the top features that homebuyers say they want to see at your open house.
Laundry room
If you don’t have a laundry room in a home you intend to sell, it’s a good idea to figure out how to create one. A laundry room is a feature highly sought by homebuyers.
You can’t blame them. Who wants laundry spread across the couch or kitchen table when those piles of clothes could be contained in one room?
Patio
A patio can extend a home’s living space — something seemingly everyone increasingly wanted during the COVID-19 pandemic. It also may add curb appeal and possibly increase a home’s value.
Energy Star windows
Energy Star rated windows are one of the top “green” features sought by homebuyers, according to the NAHB survey.
That’s not surprising. Nationwide, Energy Star windows lower energy bills by 13%, on average, according to the U.S. Department of Energy.
Exterior lighting
Exterior lighting can serve multiple functions. For example, in addition to adding functionality, such as by allowing you to use that patio at night, exterior lighting can create a more inviting atmosphere and enhance a home’s curb appeal.
Not only does exterior lighting deter would-be criminals, but, when done well, it also helps residents and guests avoid potential tripping hazards at night — promoting both security and safety.
Ceiling fan
One inexpensive way to improve your home’s appeal is to install a few ceiling fans. The vast majority of homebuyers are looking for them.
In addition to adding character and interest to a room, a ceiling fan can be an energy-saver. According to the Department of Energy, having a ceiling fan lets you set your air conditioning system 4 degrees warmer in summer while staying just as comfortable.
Garage storage
A spacious garage optimized for storage holds a lot of appeal for homebuyers — whether you’re a packrat or restore vintage furniture in your spare time, it’s a practical way to keep your home clutter-free. Just make sure to avoid “7 Things You Should Not Store in Your Garage.”
Front porch
Even before the COVID-19 pandemic, front porches were seeing a resurgence. In 2022, more than 66% of new, single-family homes were built with a front porch, up from 60% in 2008, according to the National Association of Home Builders.
As people have spent more time at home working remotely, the front porch seems to only be gaining in popularity.
Hardwood flooring
Plenty of vinyl and laminate flooring options replicate hardwood, but most homebuyers want the real thing on the main floor of a home.
Other surveys also have underscored the desirability of hardwood flooring in a home purchase. As we detail in “17 Home Renovations That Give Owners the Most Joy,” this feature earned a high “Joy Score” from homeowners in the 2022 Remodeling Impact Report from the National Association of Realtors.
Full bath on main level
With many people hoping to remain in their homes for as long as possible as they age, accessible features are in demand.
A full bath on the main floor is a high accessibility home feature and one that many people want, according to the NAHB survey.
Energy Star appliances
By installing these highly efficient appliances, not only will you enjoy energy savings now, but the investment may also help a home sell faster when listed.
Walk-in pantry
If you can swing the cost, find space to build a walk-in pantry into your home before listing it. Buyers may reward you.
Landscaping
“Curb appeal” starts at landscaping — that’s what buyers will see before they even step into the home. Getting rid of overgrowth and planting flowers can go a long way toward a good first impression.
Table space in the kitchen
As buyers increasingly favor smaller homes, every square foot counts. Being able to gather to eat right in the heart of the home appeals to many.
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