Currently Reading

The Top Home Features for First-Time Homebuyers

Advertisement
New-Home Marketing

The Top Home Features for First-Time Homebuyers

First-time homebuyers aren’t giving up on their dreams of homeownership in a heated housing market, and they also aren’t willing to compromise on these essential home features


March 23, 2022
Family laundry room
Image: Stock.adobe.com

First-time buyers have taken the backseat in a record-breaking housing market for two years, but despite soaring prices and dwindling supply, many market newcomers aren’t willing to sacrifice their must-have home features when making their long-awaited home purchases. 

According to NAHB Eye on Housing, a laundry room ranked as the most essential home feature among 83% of first-time buyers, followed by a ceiling fan and exterior lighting, which were both prioritized by 81% of first timers. Extra kitchen space also took precedence with 80% of buyers expressing an interest in a double kitchen sink and a walk-in pantry. 

The list of features most wanted by first-time buyers is similar to the list for home buyers in general, although buyers in general tend to give the features slightly higher ratings.  A laundry room, for example, is number one on both lists, but is rated essential or desirable by 87 percent of buyers overall, compared to 83 percent of the first-timers.  The ratings of many features tend to be positively correlated with income, and first time buyers have somewhat lower incomes (a median of $65,000, compared to $79,000 for home buyers in general).

Read more

Related Stories

Master Planned Communities

In-Demand Community Amenities for a Changing Consumer Base

From co-working spaces to concierge services, master plan and rental community developers are testing out new community amenities to accommodate residents' changing lifestyles 

New-Home Marketing

Buyers Report Increased Desire for Private Home Suites

Homebuyers are seeking out properties with private guest suites for home offices or multigenerational living

The Nationals

First, Best Impressions: The 2022 Nationals

These winners of NAHB’s 2022 National Sales and Marketing Awards, 'The Nationals,' offer progressive ideas to meet and manage a new era of consumer expectations in homebuying

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.