With people spending more time in their homes than ever before, the “must-haves” of a home today are very different from the “must-haves” of a year ago. Whether it be more room for a home office, a renovated kitchen for more home-cooked meals, or a relaxing backyard escape, potential homebuyers need their homes to match their new lifestyle.
How COVID-19 is Impacting Schools
According to the National Center for Education Statistics, about 3% of students in the United States were home-schooled during the 2011-12 school year. But a poll taken in May of more than 2,100 parents found that 40% said they were more likely to home-school or virtual school even after certain restrictions were lifted.
As a result, when looking for their next home, one of the top priorities for many families is a designated space for their children to work in. With multiple states requiring different school re-opening strategies, many families will need to accommodate the sudden need for space for students to work in.
Designate a Home Office
Due to COVID-19, working from home has become a viable option for many. As a result, one of the top features that home buyers are looking for today is a designated home office.
Having a proper office space can help remote workers acclimate to their work style and be more productive. Like students, without a designated place to work, it is very easy to become unorganized, distracted, or even stressed. A home office gives homeowners a mini workspace to emulate any on-location position they held in the past.
Aside from the convenience of working from home, a designated home office could potentially increase your home’s estimated value by approximately $10,562 according to the Top Agent Insights Q2 2020 Report by HomeLight.
Find the Perfect Chef’s Kitchen
Although finding a home with a designated workspace is one of the top priorities for potential homebuyers, finding a home with an updated kitchen comes in at a close second.
Sick of buying delivery or ordering take-out, many people have turned to cooking and baking for themselves. New data from Influence Central shows that 88% of consumers are cooking more meals at home in the midst of the pandemic with 49% making meals from scratch. With the new wave of amateur bakers and chefs, having a space to hone their new craft is an addition to homebuyer wish lists.
Finding the Perfect Outdoor Oasis
Until a vaccine is created, many homebuyers are looking for their own outdoor oasis. Instead of outings to crowded cities or trips to the park, many are preferring the comfort of their backyard. The backyard is a journey to relaxation and play and during the midst of this pandemic, it’s the one place that many homebuyers want to escape.
In addition, while landscaping and curb appeal projects have traditionally been the most-recommended for marketability, any home seller who can boast a backyard private oasis will likely catch the attention of a stir-crazy nation.
Even though COVID-19 continues to sweep the nation, life continues to flourish inside of our homes. Families are now spending more time than ever inside in the comfort of their homes. With more time at home, you may be rethinking how your wish list has changed for your dream home. Will you need more space for home learning or an updated kitchen for new, delicious recipes?