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As we continue to spend excess time indoors amidst the pandemic, homeowners everywhere are shifting their priorities. Home amenities that were bypassed before might suddenly seem more important, such as a larger office space or a home gym. As the pandemic shows no signs of slowing down, home buyers are rethinking which features will allow for better comfortability and safety.
As the world has shifted to remote working, living in close proximity to an office space is becoming less of a priority. City living is expensive, and finding a place that is both affordable and quality can be challenging. With commute time taken out of the equation, home buyers are looking to settle down in the suburbs for more affordable housing.
It’s safe to say that no family was prepared to keep their kids indoors for months on end. As homes are now doubling as home schooling, daycare, gyms, and more, families are beginning to realize how beneficial extra space can be. Many families are looking for homes with spare bedrooms , or searching for specific layouts that will allow for best use of space.
While having a large yard is a top priority for some, it typically falls on the backburner. But as parks and other recreational facilities remain closed, families are realizing the importance of their own personal outdoor space. Particularly for those in close proximity to other houses, fenced housing is also becoming a home buyer priority. Not to mention, many are looking to grow their own food, as food shortages continue to prevail.
As professionals everywhere were suddenly forced to work from home, many were not prepared for the space and privacy required to do so. This proved especially difficult for those with kids. Chances are, you’ve been on a Zoom call where a coworker is simultaneously tending to a screaming child and trying to focus on the conversation. Working in a space that’s supposed to be relaxing can also do damage to the psyche. Many are working in their bedrooms, where work and relaxation have intertwined. This can affect sleep patterns, focus, and overall mood. In addition, home owners are recognizing how important natural light is in maintaining their productivity. We expect to see this feature as a top priority for new home buyers in 2021.
While the majority of gyms have opened back up, you never know when they might shut down again. This level of uncertainty has promoted many homeowners to install a home gym. As home buyers begin their search, they might look for an unfinished basement or outdoor shed they can renovate. Homeowners who already took this step will see an added value in their home, making it easier to sell.
How has the pandemic shaped your home buying preferences? What renovations did you do to your home in 2021? Share with us in the comments below!
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The post How the Pandemic Has Shifted Home Buyer Preferences appeared first on Owings Mills & Lutherville Mortgage.
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