3 Community Amenities Topping Home Buyer Wish Lists

Filed in 55+ Housing, Design, Home Building, Housing Trends, Remodelers by on February 22, 2016 4 Comments

Home-buyer preferences constantly evolve, making it a challenge to stay up to date on who wants what. Luckily, the majority of buyers – regardless of age – are looking for the same features in a community.

One of NAHB’s latest studies shows which community amenities are the most sought after. The study, Housing Preferences of the Baby Boomer Generation, captures the opinions of more than 4,300 prospective home buyers and compares the wants of Boomers (born between 1946 and 1964) to those of seniors (born before 1946), Gen-Xers (born 1965 to 1979), and Millennials (born after 1979).

Though the priority rankings vary slightly between generations, the results of the study reveal these different age groups actually have very similar tastes.

Among the top four most-wanted amenities, three were the same for every age group: They all desire to live in a community that’s typically suburban, with close proximity to a park area, and that has access to walking/jogging trails.

Though not at the top of any lists, exercise rooms are still ranked among the most sought after community amenities.

Though not at the top of any lists, exercise rooms are still ranked among the most sought-after community amenities.

All of the groups – except Millennials – ranked being located near retail space in their top four. Millennials, instead, chose playgrounds as their fourth-most-wanted community amenity. (Gen-Xers ranked playgrounds at No. 8.)

The other most desirable community amenities listed by all of the age groups included: a swimming pool, lake and exercise room.

When comparing the groups’ lists of their top eight amenities, only two items varied:

  • Playgrounds – not surprisingly, these have minimal significance to the majority of seniors and boomers.
  • Outdoor maintenance service – apparently, not very popular among either of the younger two generations.

In addition to community amenities, the survey covered many other items, including preferences in home size, layout, features, technology and environmental impact. It also looked at preferences in street design.

For more detailed information, go to EyeOnHousing.org. The full study is available at NAHB BuilderBooks.

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