What Luxury Homebuyers Want: Double Vanities, Kitchen Islands Are the Most Sought-After Amenities, According to a Redfin Agent Survey
A Redfin survey reveals the most desired features among luxury homebuyers.
Key findings: 86% of buyers want double vanities, followed by kitchen islands and granite or quartz countertops (85% each).
Outdated kitchens deter 54% of buyers from making offers. Outdoor must-haves include landscaping (69%) and indoor/outdoor living spaces (58%).
High-end appliances (77%) and walk-in pantries (83%) also rank high in popularity. Open-concept floor plans are sought after by 83% of luxury buyers.
Agents indicate that outdated bathrooms (44%) and lack of curb appeal (48%) are major turnoffs.
- 86% of luxury homebuyers consider double vanities a must-have.
- 85% of luxury buyers desire kitchen islands and granite or quartz countertops.
- Open-concept floor plans are favored by 83% of buyers.
- High-end appliances are essential for 77% of luxury buyers.
- 69% of buyers prioritize landscaping in outdoor spaces.
- 54% of buyers are unlikely to make an offer if the kitchen is outdated.
- Outdated bathrooms deter 44% of buyers.
- 48% of buyers are turned off by a lack of curb appeal.
- Popcorn ceilings discourage 40% of buyers.
- Outdated carpets and obscure paint colors are deterrents for 38% and 33% of buyers, respectively.
More than half of luxury homebuyers would be unlikely to make an offer on a home with an outdated kitchen
This is according to a survey commissioned by Redfin, the technology-powered real estate brokerage. Roughly 300 Redfin Premier agents responded to the survey, which Qualtrics conducted in April-May 2024. The relevant question was: “How common is it for luxury buyers to ask for each of the following bathroom/kitchen amenities?” For the purpose of this release, Redfin included responses that deemed each feature “very common.”
How common is it for luxury buyers to ask for each of
|
Share of agents who said “very common” |
Bidet |
|
Jacuzzi tub |
|
Mini fridge |
|
Steam shower |
|
Pot filler |
|
Coffee station |
|
Prep kitchen |
|
Integrated sound system |
|
Heated floors |
|
Butler’s pantry |
|
Farmhouse sink |
|
Wine fridge |
|
Energy-efficient appliances |
|
Showers with multiple heads |
|
Free standing tub |
|
Smart-home technology |
|
Smart-home technology |
|
A separate toilet room |
|
Custom cabinets |
|
High-end appliances |
|
Walk-in pantry |
|
Kitchen Island |
|
Granite or quartz countertops |
|
Double sinks/double vanity |
|
“Luxury buyers are looking to fall in love with their future home, and they often make emotional decisions because they have the financial means to do so,” said Andrew Rottner, a Redfin Premier Agent in
Open floor plans are the most desirable overall home trend
Zooming out to the entire house,
Granite countertops were the only other trend the majority of agents ranked as “very desirable.” Several trends that used to be popular, such as sliding barn doors and shiplap, seem to have gone by the wayside; just
The relevant question was: “How desirable are each of these home trends for buyers?”
How desirable are each of these home trends for buyers? |
Share of agents who said “very desirable” |
Linoleum floors |
|
Tile countertops |
|
Wallpaper |
|
Dog wash station |
|
Bright-colored accent walls |
|
Sliding barn doors |
|
Shiplap |
|
Wet bar or beverage center |
|
Granite countertops |
|
Open concept floor plans |
|
Outdated kitchens are the biggest turnoff for luxury buyers
More than half (
This comes at a time when monthly housing payments are near their highest level on record, making it tough for some buyers to come up with cash for renovations.
In the survey, agents were asked how common it is that a buyer would ultimately decide to not make an offer on a home after encountering specific home features on a home they tour, helping home sellers understand the most important updates to make before selling.
How common is it that a buyer decides not to make an offer
|
Share of agents who said “very common” |
Poorly placed laundry room |
|
Old appliances |
|
Overly textured walls |
|
Obscure paint colors |
|
Outdated carpet |
|
Popcorn ceiling |
|
Outdated bathroom |
|
Lack of curb appeal |
|
Outdated kitchen |
|
Landscaping is the most sought-after outdoor feature
Nearly seven in 10 (
Over half of homebuyers say that climate friendly and energy efficient features, such as solar powered lights, solar panels, and drought-resistant landscaping, are not on the priority list when it comes to their backyard.
How common is it for luxury buyers to ask their agent to find a
|
Share of agents who said “very common” |
Pizza oven |
|
Solar powered lighting |
|
Solar panels |
|
Drought-resistant landscaping |
|
Shed |
|
Drip irrigation |
|
Hot tub |
|
Fire pit |
|
Outdoor kitchen |
|
Pool |
|
Covered patio |
|
Indoor/outdoor living space |
|
Landscaping |
|
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix it up to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than
Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240618460770/en/
Redfin Journalist Services:
Ally Braun, 206-588-6863
press@redfin.com
Source: Redfin
FAQ
What are the top kitchen features luxury homebuyers want in 2024?
What deters luxury buyers from making an offer on a home?
What are the most sought-after outdoor features for luxury homes?
How important are open-concept floor plans for luxury homebuyers?