The COVID-19 pandemic and subsequent lockdowns planted the desire of owning their own homes in a large number of people. There are several trends that today’s savvy home buyer prefers and give below are five of the most predominant ones:
Areas with low population density – The pandemic placed importance on the importance of social distancing and there is now a trend towards less crowded areas. Developmental projects on the outskirts of cities are gaining popularity as more people are being attracted to owning residences here.
Homes that are ready to move in – With fears of more lockdowns looming, individuals do not want to risk investing in a plot or an under-construction project. Residences that are fully constructed and ready to move in are a popular and wise choice for home buyers today.
Copious amounts of space – With work from home becoming a reality in today’s times, buyers are now actively looking for residences that are spacious. With work-life balance becoming a priority, it is important for individuals to have space for home offices within their homes. Investors today are also looking for residences that provide all members of the family with ample space to thrive in.
Green initiatives – People are now becoming more aware of their environmental impact on Earth and buyers today are looking towards eco-friendly initiatives. Modern buyers are looking to reducing their carbon footprint via green initiatives including solar energy, waste management, and rainwater harvesting. Most new investors are also looking for developments incorporating large green areas, contributing to the green cover of the city.
Smart homes – One trend prevailing among today’s home investors is of smart homes that incorporate the use of the most modern technology. The ease of linking all devices and appliances through internet is a feature most modern, young buyers are looking for.
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