5 Things Americans Want in their Homes

There’s the ideal home. Then there are the homes in which we actually live.

Overall, people are generally satisfied with their homes, but there are some desires—both discretionary and non-discretionary—holding people back from being completely happy with where they live.

 

 

 

 

 

The following are some of Americans’ top housing desires that, for some, aren’t being met.

1)  Update Kitchens and Finishes

Sixty-two percent said an updated kitchen with modern appliances and fixtures is important, while 38% said they were satisfied with their current home (a gap of 24%). This feature may be more important than in past years, as people report cooking and eating at home more now, compared with five years ago, according to the report.

2) Safe Communities

Eighty-three percent of those surveyed said that living in a safe neighborhood with low crime is important, but 61% said they’re satisfied with the safety of the area in which they’re currently living (a gap of 22%). Another telling statistic: More than one in five households report that their neighborhoods have become less safe in recent years—in urban as well as non-urban areas, according to the report.

3) Affordability

Eighty-one percent of those surveyed said that it’s important that a home’s cost fits in their budget, without requiring sacrifices, but 60% said they’re satisfied with their current home in this regard (a gap of 21%). Nearly 40 million households in the country spend 30% or more of their income on housing expense 

4)  Energy Efficiency

Perhaps because the desire to save money on rising energy costs is so universal, energy efficiency has the highest satisfaction gap in the report. While 71% of respondents said they thought a home’s energy efficiency was important, 35% of those people said they were satisfied with their current home’s energy efficiency (a satisfaction gap of 36%), according to the report.

5) A Good Investment

Sixty-five percent said that they think it’s important a home be a good long-term investment, while 47% said they were satisfied that their current home was a good long-term investment (an 18% gap).

 

 

 

For more housing desires and to read the full article, please visit:  http://www.realtor.com/advice/10-things-americans-want-homes/

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