by Natasha Rombough
CHBA’s Director of Marketing and Communications
TOP IMAGE: The two-car garage on this 2,314-sq.ft. model by DVL Homes, a Detached Production Home finalist in the CHBA National Awards for Housing Excellence, doesn’t overshadow the home’s exterior architectural elements.
The results are in for the 2020 CHBA Homebuyer Preference Study, powered by Avid Ratings Canada. It’s the largest nationwide market research study of its kind in Canada. Now in year six, the 2020 study surveyed 27,647 new homebuyers from 115 builders across 8 provinces in Canada, which is the largest sample of new homebuyers as well as the most participating builders since the study was launched in 2015.
The study asks Canadians who have recently purchased a new home to answer questions on more than 50 in-depth areas of home design, building features, community preferences, and more. Because respondents are also asked about their demographics, results can be analyzed by location, buyer’s age, previous buying experiences, and more. And for the first time this year, the full study results are available for free for CHBA members – a value of $495.
The survey results offer a lot of insight in many areas of home design and purchasing preferences, much more than we can get into in any single article. Since everyone loves lists, we’ve compiled the top ten desired features for 2020 to give you a snapshot.
Energy efficiency
Walk-in closets have been bumped from the top spot this year, replaced by energy-efficient appliances. Energy efficiency in general has been gaining more traction in the top ten over the last several years, and accounts for four of the top ten spots in 2020. Overall energy-efficient homes come in at number three, followed by high-efficiency windows at number four. New to the top ten last year was the desire for an air exchange system (HRV/ERV), which holds steady at number nine again this year.
Storage space
Canadians are looking for space to keep their belongings organized both inside and outside of the home. Three of the top ten spots include walk-in closets, linen closets, and two-car garages. Home designs that maximize storage, even for those that have less square footage to work with, are a step ahead in attracting buyers.
Kitchen focused
It’s no surprise that two of the most desired features center around the kitchen, a central space in the home. The popularity of kitchen islands isn’t going anywhere and ranks as the fifth most desired feature. With an open-concept kitchen, which comes in at number six, it’s possible to incorporate an island even into smaller homes. We see the trend reflected in the CHBA National Awards for Housing Excellence, where all five finalist projects in the Attached Production Home under 1,500 square feet category boasted islands with seating.
Let in the light
Finally, large windows continue to make the list of the most desired home features in Canada, and allow light to flood through the home, especially in open floorplans. Just make sure they’re energy efficient!
Access the survey results
Delve deeper into the 2020 CHBA Homebuyer Preference Study to find out what homeowners and renters want more of, and what they’re willing to trade to get it. And before you decide where your upcoming marketing dollars are going to go, have a look at how Canadians are looking for their next home purchase, and which tools help them decide which home to buy. CHBA members can access the full survey results for free at chba.ca/buyersurvey.