A recent survey conducted by Harris Poll and released by SunTrust Mortgagefound that “55% of homeowners with a child under the age of 18 at the time when they purchased their home said that the opinion of their offspring played a major role in their home buying decision.”
When the results were broken down by the parent’s age, millennials (those 18-36) led the way with 74% of homeowners saying that their child’s opinion was a factor in choosing which home to buy. Eighty-three percent of renters believe that their child’s opinion would be a deciding factor when looking to purchase a home.
Coming in at 57%, it should come as no surprise that gaining their own bedrooms was the top most-desirable feature of any home for kids, followed by a large back yard to play in at 34%.
Todd Chamberlain, Head of Mortgage Banking at SunTrust explained the reasoning behind the survey,
“As a parent of two kids, I know from experience that including children in the home buying process is not only fun for the whole family, but also educational for our homebuyers of tomorrow.”
If you’re thinking about selling your home this year, make sure to highlight all the kid-friendly features your home has to offer so that you can sway the real decision makers.
Carl Williams is a real estate broker and author with over 23 year’s experience in helping home buyers and sellers in Jacksonville. His areas of expertise include residential home sales, strategic marketing, new home construction, relocations, and vacation homes. Carl is also a Seniors Real Estate Specialist with knowledge of 1031 exchanges and reverse mortgages.Home sellers turn to Carl for expert advice about home values and strategic marketing. His extensive experience in Jacksonville real estate enables him to sell homes quickly and for top dollar. Carl provides proactive solutions when challenges arise, and stays with his clients through every step of the process.