What do Canadian homebuyers really want?

by Steve Randall12 Feb 2019

Homes inspired by HGTV and luxury pools were once highly prized by Canadian homebuyers but it seems times have changed.

A survey of 1,800 consumers by real estate marketplace Zolo Realty has found that buyers are more interested in properties with a garage, an en suite and main-floor bathroom and a newer furnace or A/C unit.

"Buyers aren't foolish. 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," explains Mustafa Abbasi, President of Zolo Realty.

The poll found there is broad agreement between men and women when asked for their homebuying wish list.

A garage is key for 51% of women and 41% of men, and a sizeable share of both men (39%) and women (31%) consider an en suite a necessity.

But there is some divergence between the sexes with women favouring an updated kitchen (39%) while men want a main floor bathroom (38%). An updated HVAC is important for both men (32%) and women (38%) while a fenced-in yard is more important for women (38%) while men favour energy saving appliances (31%).

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