Page 12 - GSABA Builder Brief March 2020
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Homebuyers list
Walk-In Pantries as a "top design feature"
“This points to an industry trying to meet the demands of the entry-level home buyer,” said Rose Quint, NAHB assistant vice president of survey re- search. “Builders are struggling to meet these demands, however, because of factors such as restrictive zoning regu- lations and lot prices, with the price of a new lot in 2019 averaging $57,000.”
NAHB also examined preferences among first-time buyers and repeat buyers to help builders determine what features are most likely to resonate
in the market in 2020. When asked which they prefer, the majority of both first-time buyers and repeat buyers would rather have a smaller home with high-quality products and services than a bigger home with fewer ameni- ties. The top features desired by both groups include:
Laundry rooms
ENERGY STAR windows Hardwood flooring
Walk-in pantries
Patios
Ceiling fans
Kitchen double sink
These trends are reflected in this year’s Best in American Living Award (BALA) winners as well. For example, design- ers are including flex spaces that add increased functionality to laundry rooms, hardwood flooring and wood finishes to add warmth and character both inside and outside the home, and creating outdoor spaces that seamless- ly integrate with indoor living.
Hardwood Floors
also make the list of most desirable features among first-time and repeat homebuyers.
12 MARCH 2020 | GREATER SAN ANTONIO BUILDERS ASSOCIATION
