Home shoppers are increasingly sizing up the yard space of homes they’re considering purchasing. The top outdoor features they’re eyeing include the deck, entertainment space potential, and size of the front yard.
However, the reality that many consumers are facing is that most new homes have less yard space. Having more space for a larger home is one reason. But a fallout from higher costs of lots and rising home prices have also prompted builders to shrink more yards to keep costs lower and build more on one lot.
But this doesn’t necessarily mean Americans don’t love their yard space. Nearly 70% of home buyers say they want a large backyard when looking for the perfect home, according to a new survey from Porch.com, a home remodeling website. Porch.com surveyed more than 980 homeowners about how much value they put into their outdoor space.