What a year 2020 has been for all of us! Business locations shut down for months, kids at home with online school, very few traditional offices open, and no travel policies for several employers in order to keep our communities safe. With major employers now stating that many of their employees will be working from home for the foreseeable future, many homebuyers have adjusted their list of desirables in their next home. Some not only need to plan for a home office space, but also need to accommodate the homeschooling or distance learning needs of their children as well.
These trends are impacting the way homes are marketed and the type of features that have become important to buyers at all price points. Of course, homebuyers with larger budgets have the luxury of seeking homes with extra bedrooms or offices and dens already included; but many buyers are not as fortunate and need to find the needed space in more creative ways.
The easiest way to add working space is within the bedrooms. This offers the ability to close a door for privacy. Larger bedrooms (both in master and secondary bedrooms) have been a top priority for homebuyers as they seek some extra work space in their next home. Another important feature is an open floor plan which features a Great Room design. For generations, kids have done their homework at the kitchen table, and a spacious kitchen/family room combo makes it easier for home learning without becoming cluttered. Another option for homebuyers is a separate formal dining room which could be converted to a workspace. With all the changes in working and learning environments for both adults and kids, the home is even more important than ever.
As needs change, homebuyers seek different features from their new dwellings and people are continually working to meet their needs or upgrade to a different home. With all the changes brought on by the pandemic and historically low mortgage interest rates, it gave many homeowners the opportunity to upgrade their living situations to better fit their “new normal” and work from home opportunities.
As we move into 2021, please Contact Us if you are looking to Sell Your Home and get a much needed upgrade through a new Home Purchase. We can help you get your property prepared for sale in the New Year and help you with the process of searching for your next home!