08 Mar Back to Basics
While renters are eager to see smart technology incorporated into multifamily design, many home owners just want to get back to the basics. According to a recent report released by the National Association of Home Builders, homebuyers want less fancy features and more function.
It may seem pretty simple, but the majority of homebuyers surveyed just want a place to do their dirty laundry. Laundry rooms were the most in-demand feature in the “What Home Buyers Really Want” report, with 91% of participants saying the feature was essential or desirable. As a large portion of homeowners are downsizing or moving into single-family starter homes, the more functional the space, the better.
Like bedrooms or bathrooms, laundry rooms can get messy easily and become an eyesore once clutter starts to pile up. These spaces are also where homeowners often store sensitive items, like clothing or medication, that you want to keep away from prying eyes. Laundry rooms confine the mess and intimates to a private space.
In 2019, what homeowners seem to desire most is practicality. Buyers are looking for features that are useful and make the most of their space. Features like elevators, wine cellars, and pet-washing stations were at the bottom of the list.
For many, these “luxury” features just aren’t worth the expenses to build or maintain them. They also take up a considerable amount of space that could be better utilized to add in features that will better benefit the homeowner in the long-term.