Posted in From Your Realtor, Jacksonville, FLA, Northeast Florida, Your Realtor

Home buying trends in 2017

Bigger backyards and updated kitchens

Super-sized dream homes are not exactly what potential buyers are dreaming about this spring. But they are looking for bigger backyards, updated kitchens, and ranch-style homes, according to realtor.com’s latest home buyer survey.

Features that buyers are looking for this spring (according to realtor.com)

  • Ranch-style homes led shoppers’ rankings of desired home styles with 42% of shoppers looking for a ranch home.
  • All age groups are looking for some combination of a backyard, garage and updated kitchen. Younger home buyers are particularly excited about finding a large yard and, and living in a good school district.
  • Privacy ranks as shoppers’ top goal for buying, largely driven by buyers over age 45.
  • 80% of shoppers ranked the kitchen as one of their three favorite rooms in a home, followed by master bedroom (49%) and living room (42%) among most age groups.
  • Shoppers over age 45 are looking to downsize, and cited planning for retirement as their primary motive for finding a new house.
  • Among younger buyers, many of whom are buying starter homes, 40% were looking for townhouses and row houses.
  • As shoppers age, however, that number declines and single-family homes are a clear preference. The older an age group is, the more likely they are to prefer a single-family home.

The proof of the pudding is in the eating–or buying.

This trend towards a not-too-big, single-family ranch-style home with an updated kitchen and a big backyard played out in a multiple offer, full price sale after being on the market for only one week!

4885 Susanna Woods Ct., Jacksonville, FL 32257 packs a lot of living into 1,900 square feet. Not too big, not too small–just right. This ranch-style with a huge yard, updated kitchen, is located in the Mandarin area of Jacksonville, Florida. Making it convenient to everything, while being nestled away from it all on a cul-de-sac lot. There’s sun, poolside, where you want it, and shade, from mature trees, where you need it—which, by the way, can help lower your electric bill.

ranch-style 3/2 pool home
UNDER CONTRACT in 1 week: 4885 Susanna Woods Ct., Jacksonville, FL 32257 3 bed, 2 bath pool home on huge cul de sac lot for $270,000 (MLS#875902)

 

Author:

Rewriting life since the sudden death of my nine-year-old son, Sam (2007). Trying, always trying, to LEARN, think, remember, IMAGINE, cope, care, read, EAT, write, live, LAUGH, listen, enjoy, walk, meditate, stretch, watch, stop, BREATHE...and keep going.

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