Homebuyers willing to trade indoor space for outdoor space.

More than half of homebuyers are willing to trade a larger house for a larger yard, according to a survey recently conducted by the Society to Talk Millennials into Buying Boomers’ Obsolete Sprawling Ranchers.

I’m kidding, of course.  Today’s buyers have renounced the Boomerist affectation for a modest home on a wastefully large lot.  Boomers are having to give away their Los Altos ranchers as door prizes at Tupperware parties.

I’m kidding, of course.  The survey was commissioned by homebuilder Taylor Morrison.  Large lots never went out of style.  And Los Altos is hot! hot! hot!

Why?  Probably because, according to Taylor Morrison news release, “the most important exterior feature of a home is distance from neighboring homes”.  It’s a belief that transcends age group.  “Both millennials (48 percent) and non-millennials (53 percent) believe this breathing room is key.”

But big yards are a guy thing, right?  “Interest in more outdoor space is stronger among women than men, with roughly two in three women (62 percent) preferring less home square footage and larger yards, compared to a little more than half (51 percent) of men.”

Stop the presses!  “When asked what home shoppers would spend an extra $10,000 to $15,000 on in their new homes, outdoor living items topped the list over features such as upgraded cabinets and kitchen islands.”

Back yards more important than cherry cabinets?  We’re talking seismic shift here 🙂

copyright © John Fyten 2017

 

 

 

 

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