The WPJ
Residential Real Estate News
What Do Home Buyers Really Want?
Home buyers on the hunt for their dream home have to weigh many factors before making a decision. But what do they really want? What is really important?
Using data from the National Association of Realtors, USA Today content partner 24/7 Wall Street compiled a list of the amenities that home buyers most desire--and what they are willing to pay to get them.
The list from USA Today:
11. One or more fireplaces
- Percentage of home buyers willing to pay more: 40%
- Extra amount willing to pay: $1,400
10. Eat-in kitchen
- Percentage of home buyers willing to pay more: 40%
- Extra amount willing to pay: $1,770
9. Home less than 5 years old
- Percentage of home buyers willing to pay more: 40%
- Extra amount willing to pay: $5,020
8. Stainless steel appliances
- Percentage of home buyers willing to pay more: 41%
- Extra amount willing to pay: $1,850
7. Kitchen island
- Percentage of home buyers willing to pay more: 48%
- Extra amount willing to pay: $1,370
6. In-suite master bath
- Percentage of home buyers willing to pay more: 49%
- Extra amount willing to pay: $2,030
5. Hardwood floors
- Percentage of home buyers willing to pay more: 54%
- Extra amount willing to pay: $2,080
4. Granite countertops
- Percentage of home buyers willing to pay more: 55%
- Extra amount willing to pay: $1,620
3. Walk-in closet in master bedroom
- Percentage of home buyers willing to pay more: 60%
- Extra amount willing to pay: $1,350
2. New kitchen appliances
- Percentage of home buyers willing to pay more: 69%
- Extra amount willing to pay: $1,840
1. Central air conditioning
- Percentage of home buyers willing to pay more: 69%
- Extra amount willing to pay: $2,520
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