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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: 

 

  1. Walk-in closets
  2. Linen closets
  3. Double car garage
  4. Ample storage
  5. Open concept kitchen
  6. Kitchen island
  7. Quartz countertops
  8. Kitchen that connects to a living room and dining room
  9. High-efficiency windows
  10. 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]
 
What is the most important home feature for you, when you are house hunting? Do you agree with this list, or do your priorities sit elsewhere? Share your feedback with me on social media!
 

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.