According to a recent survey by the Canadian Home Builders' Association, most homebuyers are looking for single-family homes, and they are specific about what features they want in a dwelling.
Of the survey respondents, 65 per cent prefer single-family homes, which is up from 55.7 per cent. Among the most important quality in a home, according to the survey, is affordability.
Almost 23 per cent would be willing to accept a smaller home and 20 per cent said they would be willing to live further from work and amenities to make their next home more affordable. [CHBA]
However, when it comes to the features homebuyers are looking for, these were the top 10 more important things:
- Walk-in closets
- Linen closets
- Double car garage
- Ample storage
- Open concept kitchen
- Kitchen island
- Quartz countertops
- Kitchen that connects to a living room and dining room
- High-efficiency windows
- Energy-efficient appliances
Eighteen per cent would accept unfinished spaces in the home and 17 per cent said they would accept fewer community features. [CHBA]