The year 2020 was unlike any other year. As has been well chronicled, the pandemic changed the way the world operates. With regards to real estate, it even changed how we live at home and what we look for in a home. Recently, the “America at Home Study” of nearly 4,000 respondents was conducted in October and November.
Not surprisingly, at the top of the study was disinfection. Overwhelmingly, respondents indicated that maintaining a clean home was a commitment they made during the pandemic. With this said, 80% of these respondents indicated that this would be a permanent change even after we get through the pandemic.
Another area of focus per the survey were garages. Many indicated that they were organizing their homes to add more storage space. In particular, this included reorganizing the garage to optimize its space. Younger respondents mentioned that they were turning their garages into home gyms. Other findings of the survey included:
- Upgrading technology
- Using backyards to entertain family or friends
- Using rooms for combined purposes
- Reorganizing to create more storage
Summary
Now more than ever, the home has become even more important. With this added focus on the home, many Americans are upgrading their homes to make them as comfortable as possible while allowing more maximum productivity. If you are considering selling your home at any time in the future, it is important that you take note of some of these new features that are commonly desired in homes. In some cases, converting an existing room to be multi-functional such as a home office or home gym, may go a long ways in selling your property.
