Home de­sign pref­er­ences are evolv­ing

The Palm Beach Post - Residences - - Front Page -

Pre­ferred home de­signs have changed sig­nif­i­cantly over the past 50 years, and they con­tinue to change today.

These changes — past and fu­ture — were the key sub­ject of a re­cent re­port by Robert Di­etz, the chief econ­o­mist at the Na­tional As­so­ci­a­tion of Home Builders, as re­ported by the Na­tional As­so­ci­a­tion of Real­tors:

Di­etz com­pared changes from many years ago with trends sur­fac­ing in the cur­rent mar­ket. “While buy­ers both then and now pre­fer sin­gle-fam­ily homes in the sub­urbs, buy­ers in 2016 ex­pect new homes to be adapt­able, open, and ef­fi­cient.

“When it comes to fu­ture de­sign pref­er­ences, Di­etz pre­dicts that buy­ers will place a high-im­por­tance on choos­ing a new home that has ef­fi­cient de­sign and en­ergy ef­fi­cient fea­tures.”

As al­ways, lo­ca­tion is a top pri­or­ity for today’s buy­ers. “Di­etz be­lieves that lo­ca­tion will play a larger part in where buy­ers choose to build, and sin­gle-fam­ily home sales will soon take over multi-fam­ily.

“We may see a rise in town­homes and lo­ca­tions near ur­ban vil­lages with walk­a­bil­ity fea­tures, but over­all the same pref­er­ences that have been in the mar­ket for gen­er­a­tions will re­main. Most peo­ple want to own their own home and want their own place out in the sub­urbs, and I think that will con­tinue.”

He then pointed to new-home de­sign char­ac­ter­is­tics in 2016:

“The av­er­age size of the home keeps grow­ing, mainly be­cause builders are ca­ter­ing to a high­er­in­come, older de­mo­graphic. About 60 per­cent of new homes have at least two sto­ries. The need for mul­ti­ple lev­els is due to mil­len­ni­als want­ing more space for their grow­ing fam­i­lies, and also be­cause of the in­crease in multi-gen­er­a­tional house­holds.

“Open-floor de­sign is the new norm across all gen­er­a­tions of buy­ers. New home con­struc­tion em­pha­sizes en­ergy ef­fi­ciency and ef­fi­cient de­sign.”

In­deed, home de­sign pref­er­ences con­tinue to evolve.

Jim Woodard

Open House

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