3 ways the pandemic has changed home buying
The current Pandemic has changed a lot of things and, perhaps not so surprisingly, has changed the way people see their homes, which of course impact the way people buy and sell properties in the future.
According to the National Association of Realtors (Home Ownerships Matter), there have been several changes in the wish list of people looking to purchase.
1. More Space
The necessity for working remotely through the pandemic has seen people looking for more space, both inside and outside the home. The fact that people are working remotely means that commuting is not an issue, and more people are looking further away from the city center, finding larger properties on bigger lots.
2. Less Open Floor Layouts
Through the pandemic the usage of a home has multiplied – home office, school, play area, living space etc. has led to the trend for more closed off space rather than an open floor plan. The need to personal as well as separated utility space is expected to continue after the pandemic.
3. Smart Home Features
It used to be a luxury upgrade, but because of the focus on personal health and welfare through the pandemic the desire for smart technology is increasingly higher on the wish list of home buyers. Contact free controls such as touch-free entry systems and touch-free kitchen faucets are becoming much more popular,
It is always difficult to predict the longevity of trends that are affected by events, but the memory of this pandemic will linger for a long time afterwards, and I expect these trends to continue. The older houses with spacious grounds away from the city that once were hard to sell might (with a few upgrades) be the most sough after properties in 2021, so let’s get together and talk about it!