There’s always a rhyme and a reason for what we do in the world of Real Estate. Your agent is a big player in making sure you get the right home – but behind the scenes, your agent is researching and learning all the time about new trends – new technology – and new opportunities.
Yearly, there is a survey ( Annual Builder Practices Survey ) that documents the ups and downs ( popularity ) of certain products and materials used in new home construction or home remodeling. This is the best way to see and follow trends in our market on what consumers feel are worthwhile parts to their home.
As a soon to be new home owner, you may find these top trends as a way to support your decision making process on you “wants list” when searching for a home.
As an agent, this is a great yearly guide to help you market new construction as trendy and contemporary to investors or potential buyers!
Here at Rector Hayden, we grabbed some of the most interesting innovation statistics from the report, but you’re welcome to explore the entire report at HomeInnovation.com or the synopsis at Realtor.org
1. THE COMEBACK: The Single Basin Kitchen Sink
In single-family homes the single basin kitchen sink made a growing comeback from 5% to 20%! Granite/Stone sinks are rapidly increasing in popularity as well as enameled cast iron while one-piece marble is rapidly declining.
2. AND BEHIND DOOR NUMBER THREE: Three-Car Garages
In 2014, almost one third of all new single family homes had bays for 3 or more vehicles! HomeInnovation & BuilderOnline say that’s the highest percentage ever recorded in their study!
3. TAKE A DEEP BREATH: Whole-Home Ventilation
A spike in new construction including whole-house ventilation charactizes trends from 2014. 27% of new SFD (single family dwellings) had whole-house ventilation – that’s up from just 9% the previous year.
4. HOLDING STRONG: The Side-by-Side Refrigerator
The side-by-side refrigerator is still the most common appliance choice in new homes nation wide. However, Freezer-on-bottom are growing which could indicate that style as cutting-edge and trendy!
Thank you to BuilderOnline.com for their synopsis and findings as well as www.HomeInnovation.com for statistical analysis and reporting, and realtor.org for dissemination.