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With the economy still struggling, we all know the housing industry has taken a beating these past few years. Economists say the recession has curtailed many of the extravagances that buyers desired before things went south. Homebuyers want different things from their homes today. Rooms that serve multiple purposes and homes that can accommodate either “boomerang” children or aging parents are in.
Realtors say baby boomers in particular are starting to think about what their homes need to look like if they’re going to stay in them as the years advance. That means single-story homes, homes with grab bars in the bathroom, fewer stairs and perhaps even wheelchair ramps, walk in bathtubs, step in showers, etc. Realtors say, accessibility is a top priority with many of their clients.
Another top feature that never goes out of style is space. Not long ago, homebuilders were adding garage space to accommodate SUVs. Now some homebuilders are making more room in the garage for all the other items families put there, from tricycles to golf carts. A trend for the larger garages is to use part of it as a ‘man cave’ space where you can fit two cars, in addition to a sofa, TV, weights, etc.
Realtors say buyers want homes that are more flexible, more versatile. Rooms dedicated to one purpose are less popular now. With the economy the way it is, homebuyers are realizing that in a smaller home, rooms can serve multiple functions. There is no such thing as wasted space. Nooks that used to serve no purpose now include a desk, printer, room for a laptop and even some cubbyholes for mail and bills.
Homeowners are now adding “planning centers” to their homes, which are basically spaces adjacent to the kitchen that serve as the family command center. Basically, it’s a place where the kids can do their homework and be within earshot of the parents. They are great for family organization, paying bills, or just having a place to getaway!
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