Based on the newest What Dwelling Consumers Actually Need Examine*, the overwhelming majority of house patrons are on the lookout for a house with at the very least one house workplace (or house devoted to work/research). Extra particularly, 66% would like to purchase a house with precisely one house workplace, 13% need at the very least two places of work, and 20% need none (Fig. 1).
As houses proceed to get smaller, understanding how a lot sq. footage patrons need to dedicate to a house workplace is a should. When requested, 59% of patrons excited about having a house workplace stated it must be medium measurement (100 to 150 sq. toes). A lot smaller shares of twenty-two% and 19%, respectively, need the house workplace to be giant (greater than 150 sq. toes) or small (underneath 100 sq. toes).
Extra granular findings present that youthful patrons in addition to wealthier patrons are notably in favor of house places of work. Amongst Gen Z patrons, for instance, 90% need at the very least one house workplace, in comparison with 75% of Boomers. Likewise, 92% of patrons within the $150,000+ revenue bracket would really like at the very least one workplace, in comparison with 65% amongst these incomes underneath $50,000.
* What Dwelling Consumers Actually Need, 2024 Version sheds gentle on the housing preferences of the standard house purchaser and relies on a nationwide survey of greater than 3,000 current and potential house patrons. Due to the inherent variety in purchaser backgrounds, the research offers granular specificity primarily based on demographic elements similar to era, geographic location, race/ethnicity, revenue, and worth level.
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