Less is More. Americans are turning to smaller homes and are willing to go without home theatres. Buyers want space not rooms and homes designed "green" from the onset, according to consumer experts who recently spoke at the International Builders Show. Paul Cardis, CEO of AVID Ratings Co., which conducts an annual survey of home buyer preferences, said that there are 10 "must" features in new homes:
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1. Large kitchens, with an island. If you're going to spend design dollars, spend it in the kitchen.
2. Granite countertops are a must for move-up buyers and buyers of custom homes.
3. Energy-efficient appliances, high-efficiency insulation and high window efficiency are the "green" features touted in homes that buyers value most.
4. Home office/study. People would much rather have this space rather than a formal dining room.
5. Main-floor master suite. This is a must feature for empty-nesters and certain other buyers, and appears to be getting more popular in general. The demand for upstairs laundries is declining.
6. Outdoor living room. The popularity of outdoor spaces continues to grow, as people are willing to spend more time outside.
7. Master suite soaker tubs. Whirlpools are still desirable for many home buyers, but they clearly went down a notch in the latest survey. Oversize showers with seating areas are also moving up in popularity.
8. Stone and brick exteriors. Stucco and vinyl don't make the cut.
9. Community landscaping, with walking paths and playgrounds. Buyers in large planned developments prefer hiking among lush greenery versus access to golf courses, swimming pools and clubhouses.
10. Two-car garages. A given at all levels; three-car garages are desirable in the move-up and custom categories.
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By Steve Kerch RISMEDIA