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TOP HOME

             TECHNOLOGY

                 FEATURES



           According to the latest edition of NAHB’s study, What   Figure 1 also shows that three of the four most
          Home Buyers Really Want, 46 percent of recent and      wanted features are security-related: along with a
          prospective home buyers want a security camera in      security camera, a video doorbell and a wireless
          their home, more than any other home technology        home security system are wanted by at least 40
          feature listed in the survey. The study is based on a   percent of home buyers. However, at most 21 percent
          survey that asks recent and prospective home buyers    of home buyers currently have any one of these
          (people who bought homes in the previous three         technology features installed, indicating that there is
          years or are planning to do so in the next three years)   market growth potential for these items. In contrast,
          about the features that they would like in a home      about the same share of home buyers who want a
          and a community. Figure 1 displays the top 10 most     programmable thermostat (44 percent) have one
          wanted technology features as well as the share of     already installed (41 percent).
          home buyers who currently have each particular          Four other home technology features are desired by
          feature.                                               at least a third of buyers: a multi-zone HVAC system
                                                                          (39 percent), a lighting control system
                                                                          (36 percent), and a wireless home audio
                                                                          system and central vacuum system (both
                                                                          wanted by 33 percent of home buyers). An
                                                                          energy management system/display and
                                                                          a smart washer/dryer (controlled remotely)
                                                                          are wanted by 31 percent of home buyers
                                                                          each.  Few home buyers currently have any
                                                                          of these items (14 percent of home buyers
                                                                          at most), which also indicates that there is
                                                                          room for growth in these product areas.

                                                                           For more information on the home
                                                                          technology features that home buyers
                                                                          want, please visit BuilderBooks.com and
                                                                          download the latest edition of What Home
                                                                          Buyers Really Want.
                                                                                                     NAHB MAY 2019

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                                        JUNE 2019  |  GREATER SAN ANTONIO BUILDERS ASSOCIATION
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