Don’t Underestimate Importance of Garage to Buyers
Luxuries like pools and lavish living spaces may not be as enticing to home buyers as a garage, finds a new poll by Zolo Realty, a Canadian online real estate marketplace. Zolo Realty surveyed more than 1,800 North American respondents to discover buyer behavior and desires.
Male and female home buyers gave the highest marks to properties with a garage; an en suite, main-floor bathroom; or a newer furnace or A/C unit.
Fifty-one percent of women and 41 percent of men ranked a garage a must-have when buying a home.
“Buyers aren’t foolish,” says Mustafa Abbasi, president of Zolo Realty. “Updating a kitchen and removing walls is a lot of work, but these updates are not as hard or as costly as trying to carve out a bathroom for a master bedroom or building a garage from scratch.”
The ideal home to both men and women surveyed was: A 3-bedroom, 2-bathroom home with a master bedroom suite and a garage.