(Oct. 9, 2020) Information from a recent Sears Home Services survey is showing that the pandemic has prompted homeowners to reevaluate their homes.
They surveyed about 1,000 people nationwide on how they feel about their home since the pandemic and the results show a growing dissatisfaction.
Forty-four percent of respondents said they are less satisfied with their home since the beginning of the pandemic.
“There’s a sense of feeling ‘trapped’ when it’s required to remain inside; we’re missing the venues we used to frequent and perhaps noticing flaws of the home while spending more time there,” the survey notes.
The survey revealed that the four top features people most want to add to their homes are a gym (41 percent), home office (37 percent), gaming space (32 percent) and kitchen space (31 percent).
Households with children all living in smaller spaces are more likely to be linked to owners’ dissatisfaction.
Homeowners with children were 10 percentage points more likely to say they felt less satisfied with their home than those without.
Also, homeowners with only one or two bedrooms were more likely to report being unsatisfied with their homes.
The growing dissatisfaction among homeowners after being hunkered down may be a big factor behind the surging housing market.
Contract signings on homes surged to a record high in August and are now 24 percent higher than a year ago, according to the National Association of REALTORS® latest sales figures report.
Since the beginning of the pandemic, 42 percent of respondents say it’s more difficult to find “alone time” inside their home. Thirty-eight percent of respondents said they used their alone time to work on a home improvement project.
— Lauren Bunting is a licensed Associate Broker with Atlantic Shores Sotheby’s International Realty in Ocean City.