Parents say “Yes” in a recent poll.
A recent survey conducted by Harris Poll and released by SunTrust Mortgage found that 55% of homeowners with a child under the age of 18 at the time when they purchased their home said that the opinion of their offspring played a major role in their home buying decision.
When the results were broken down by the parents age, millennials (those 18-36) led the way with 74% of homeowners saying that their childs opinion was a factor in choosing which home to buy.
Eighty-three percent of renters believe that their childs opinion would be a deciding factor when looking to purchase a home.
So what features in a home are most important to kids?
Coming in at 57%, it should come as no surprise that gaining their own bedrooms was the top most-desirable feature of any home for kids, followed by a large backyard to play in at 34%.
Todd Chamberlain, Head of Mortgage Banking at SunTrustexplained the reasoning behind the survey,
As a parent of two kids, I know from experience that including children in the home buying process is not only fun for the whole family, but also educational for our homebuyers of tomorrow.
If youre thinking about selling your home this year, make sure to highlight all the kid-friendly features your home has to offer so that you can sway the real decision makers. 🙂
Connect with your trusted Metropolist broker today.
