New Homebuyers to Find Larger, Better-Equipped Houses
New Homebuyers to Find Larger, Better-Equipped Houses
New homebuyers are likely to see larger, better-equipped houses when they hit the market later this year. Based on a survey of consumer preferences by the National Association of Home Builders (NAHB), the average size of a new home could reach 2,750 square feet in 2025, a new record. The typical sales price could easily go beyond $355,000.
Market Trends and Buyer Preferences
Builders are using survey data to design homes that align with buyer demands. Rose Quint, an NAHB economist, emphasized that builders prioritize market needs over personal preferences. Preliminary Census Bureau figures show the average home size reached 2,721 square feet in 2015, up from 2,660 square feet the previous year and surpassing the 2007 pre-recession average of 2,499 square feet.
Quint predicts house sizes will continue growing until first-time buyers return to the market in larger numbers. The average price of new homes started in 2015’s first two quarters was $351,000, a $14,000 increase from 2014 and $100,000 more than 2009 prices.
Key Features in Demand
Surveying 4,326 respondents, NAHB identified organization and conservation as top priorities. The most sought-after features include:
- Laundry rooms (92%)
- Energy Star appliances and exterior lighting (90% each)
- Energy Star-rated homes (88%)
- Ceiling fans, patios, main-level bathrooms, hardwood floors, and walk-in pantries (80%+)
Kitchen must-haves include double sinks, granite countertops, central islands, and recessed lighting. Exteriors favor brick and stone, with 40% of buyers willing to accept smaller lots for preferred features.
Least Popular Features
Respondents rejected niche amenities like:
- Elevators and pet washing stations
- Wine cellars and cork flooring
- Dual master bath toilets and laminate countertops
Design Trends from Industry Surveys
National Kitchen and Bath Association (NKBA) findings highlight:
- Industrial-inspired kitchens with neutral-colored cabinets
- Retro wall colors like blue, green, and orange
- Space-saving pocket and barn-style doors
- Aesthetically-driven universal bathroom designs
TecHome Builder magazine reports growing interest in smart home technology:
- 36% of builders plan to add leak detection systems
- 50% aim to integrate water management tools
Better Homes and Gardens survey reveals architectural innovations, including:
- Bathrooms as sculptured focal points
- Disappearing walls for indoor-outdoor integration
- Cost-effective stairway designs
