In a market where current inventory is low, it’s common to suppose Wood County consumers might be willing to give up just a few fascinating features in their residence search so as to make discovering a house somewhat easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Right here’s a take a look at the 2 stunning things buyers seem to be searching for in as we speak’s market, and the way they’re impacting new home builds.
Wood County Homebuyers Are Not Giving Up Their Garages
The National of Home Builders (NAHB) recently launched an article exhibiting the percentage of recent single-family houses completed in 2018. The information reveals,
- 64% of recent homes offer a 2-car storage
- 21% have a storage giant sufficient to carry 3 or extra cars
- 7% have a 1-car garage
- 7% do not include a storage or carport
- 1% have a carport
The following map represents this breakdown by region:Evidently, a garage is one thing homebuyers are in search of of their searches, but that’s not all.
Wood County Homebuyers Are Not Giving Up Their Patios
Patios are on the radar for Wood County buyers as nicely. Neighborhood areas are often frequent amenities in new neighborhoods, however as it turns out, non-public outside areas are quite desirable too. NAHB also discovered that,
“Of the roughly 876,000 single-family properties began in 2018, 59.4% got here with patios…This is the best the quantity has been since NAHB started monitoring the sequence in 2005.”
As shown in the graph under, the number of new houses built with patios in Wood County has been increasing for the previous 9 years. Clearly, they’re a desirable function for brand new householders too.
Bottom Line
Wood County Homebuyers are searching for storage area and out of doors patio living. For those who’re a house owner pondering of selling a home with these amenities, it appears consumers are willing to spring for those key features. Let’s get together in the present day to determine the present value and demand on your residence.