Surprising Features Homebuyers Want in 2022

Virtual interior designer/home stager Stuccco.com compiled a wish list from numerous online sources that experts say homebuyers want in 2022. Many popular features aren’t what home sellers may think. Before you upgrade your home to sell, consider these top five homebuyer preferences:

  • Laundry rooms 
  • Exterior lighting 
  • Ceiling fans 
  • Patios  
  • Walk-in pantries 

Laundry rooms. Homebuyers don’t want to go down to the basement to do laundry, so make room somewhere on the first floor. Include a built-in table for sorting, room for a steamer and drip-dry area.

Well-lit outdoor living spaces. Homebuyers want exterior lighting (87%), patio (82%) and a front porch (81%), a rear porch (75%) or a deck (75%). Landscape lighting adds a luxurious glow to outdoor spaces as well as an extra element of security.

Ceiling fans. With the sudden rise in energy prices, it’s not surprising that homebuyers want lighting fixtures to do double duty as an air conditioning aid, especially when cooling or heating a larger home.

Walk-in pantries. Homebuyers want to be able to stockpile food and paper goods. They want to open the door to the pantry and see at a glance what’s on hand.

Homebuyers also prefer two-sided kitchen sinks over farmhouse sinks (81%.) They want a full bath in the living area (80%) and kitchens open to the dining room for less formal dining (85%.)  

Homebuyer preferences are changing home design. The National Association of Home Builders reports that new home buyers want bigger homes which now average 2,524 square feet.

A Quick, Easy Decluttering Guide

Time to let go of what doesn’t bring you joy.

With more stuff than you probably need or want, decluttering before a move can seem overwhelming, but you don’t want to pay movers to move or store items you don’t use, love or want. Here are some tips to make it quicker and easier:  

Start Small: Label moving boxes for selling, donating or throwing away. List items you want to sell online, or take them to a consignment store. When the donation box is full, take it to the Salvation Army or non-profit of your choice. Throw away broken items you’ll never repair and stained clothing you’ll never wear.

Pick a Schedule: How many days till you move? Devote an hour a day, a day to a room, or a weekend per floor – whatever your schedule permits. The goal is to make moving day faster and easier.

Pack as You Go: As you declutter, move items that you want to keep but don’t need right away like out-of-season clothes or holiday dishes into moving boxes. Tape them closed and label what’s inside and what room it should be moved to in your next home. Store the boxes out of the way, in the garage, basement, or a storage facility.

Let Go: You may be holding onto things you don’t want because you feel guilty. What you paid for the item or who gave it to you as a gift doesn’t matter. Let the feeling of obligation go.

Decluttering has its benefits. You’ll be better organized and feel far less stress.

Success Strategies for 2022 Homebuyers

If you’re a homebuyer without a home to buy, the ongoing housing shortage is making housing to buy less affordable by the day. Certain factors should change with time, which should provide you with a better chance to buy a home in mid-to-late 2022.

If you’re a homebuyer without a home to buy, the ongoing housing shortage is making housing to buy less affordable by the day. Certain factors should change with time, which should provide you with a better chance to buy a home in mid-to-late 2022.

One factor that helped fuel the current housing market boom was record low-interest rates. According to the latest weekly Mortgage Bankers Association survey, the average contract interest rate for a 30-year fixed-rate mortgage (FRM) under $647,200 was 5.20% with 0.63 points. That’s a quick rise from the record low recorded by Freddie Mac in December 2020 of 2.68% for the same FRM loan.  As a borrower, you could ask your lender about a hybrid mortgage that gives you a lower adjustable rate for a fixed period of five years before the rate adjusts to a fixed rate. 

Since the Great Recession, there’s been a serious shortage of new homes being built. The National Association of REALTORS says the U.S. needs to add 550,000 more homes to its 1.5 million annual average for the next ten years to make up the shortfall that’s now calculated to be about 6.8 million homes, after accounting for demolitions. Builders need more labor, more land and an end to supply chain shortages to meet this goal.

What can you do? Buy an older home that needs work. You’ll have the option of improving it or tearing it down and rebuilding when the market improves.