What features do luxury homebuyers desire the most in their homes? And what are some of their biggest challenges in the homebuying process? Chicago Agent consulted a new study from realtor.com, which polled more than 1,500 consumers on their preferences and frustrations, and collected the results below.
The 5 Residential Desires of the Luxury Homebuyer
• 62% of Homebuyers Want a Strong Re-Sale Value
• 54% Want a Chef’s Kitchen
• 44% Want Views of Ocean/Mountains/Cityscape
• 38% Care About the Home’s Square Footage
• 36% Want an Expansive Master Suite
The 4 Biggest Challenges Facing Luxury Homebuyers Today
•40% Say Finding the Right Property
•20% Say Low Inventory
•11% Say Homes Without Universal Appeal*
•8% Say Tight Lending Standards