More than half of homebuyers would be willing to sacrifice the indoor living space of their home if that meant a bigger yard and more distance from their neighbors
More than half of homebuyers would be willing to sacrifice the indoor living space of their home if that meant a bigger yard and more distance from their neighbors.
The love of outdoor space is revealed in a new study from homebuilder Taylor Morrison which found that 56% of buyers would prefer a larger yard even if that means a smaller house and most said more distance between them and their neighbors was the most important factor.
The need for a larger buffer between homes was important for 48% of millennials and 53% of non-millennials but siding, driveway styles, exterior paint color and roofing finishes are still on the wish list.
Women are more likely than men to want a feature-rich outdoor space (62% vs. 51%) rather than a larger interior floor space.
Asked how they would spend $10k-$15k to improve their new home, outdoor living enhancements such as outdoor living rooms and tiles that match those used indoor topped the list. That marks a shift away from higher spending on kitchen interiors.
"Outdoor living is no longer an afterthought to a home's construction," said Charlie Enochs, Taylor Morrison area president for the central region. "In some of our largest markets such as Austin, Dallas and Houston, we just introduced nine new floor plan series, all of which have blurred the hard line between the inside and out to meet the blended indoor-outdoor living trend head-on."
The love of outdoor space is revealed in a new study from homebuilder Taylor Morrison which found that 56% of buyers would prefer a larger yard even if that means a smaller house and most said more distance between them and their neighbors was the most important factor.
The need for a larger buffer between homes was important for 48% of millennials and 53% of non-millennials but siding, driveway styles, exterior paint color and roofing finishes are still on the wish list.
Women are more likely than men to want a feature-rich outdoor space (62% vs. 51%) rather than a larger interior floor space.
Asked how they would spend $10k-$15k to improve their new home, outdoor living enhancements such as outdoor living rooms and tiles that match those used indoor topped the list. That marks a shift away from higher spending on kitchen interiors.
"Outdoor living is no longer an afterthought to a home's construction," said Charlie Enochs, Taylor Morrison area president for the central region. "In some of our largest markets such as Austin, Dallas and Houston, we just introduced nine new floor plan series, all of which have blurred the hard line between the inside and out to meet the blended indoor-outdoor living trend head-on."
