Happy Earth Day! From our Profile of Buyers’ Home Feature Preferences we know that…
- 17% of buyers consider buying a home on a wood lot that has many trees very important. In comparison, 12% of buyers considered a home on an open lot with few trees very important.
- Eight percent of buyers considered a water view very important, while 5 percent of buyers considered a waterfront property very important.
- Single males and married couples placed a higher priority on a wooded lot with many trees.
- Among locales, 30% of buyers in rural areas considered a wooded lot very important, while 19% of buyers in an urban-central city considered an open lot with few trees very important.
- Twenty-nine percent of buyers who did not purchase a home on a wooded lot would be willing to pay more for it. They would be willing to pay $1,720 for a home on a lot with many trees.
- Sixteen percent of buyers who did not purchase a home on an open lot would be willing to pay more for it. They were willing to pay $1,630 for a home with fewer trees.
- The full survey report can currently be obtained for free, via NAR’s Member Value Plus Program.
