Why Pet-Friendly Homes Are in High Demand

Why Pet-Friendly Homes Are in High Demand | MyKCM

One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet!

If you are one of the many homeowners looking to list your home for sale, how do you stand out to the millions of pet parents searching for their dream home?

Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they consider their animal to be family. When finding a home, 95% of animal owners believe it is important that a housing community allows animals.

study by the National Association of Realtors (NAR) revealed that there are many aspects of the home buying, selling and owning experience that have been greatly impacted by our love for our pets.

This should come as no surprise, as $72 billion was spent on pets in the U.S in 2018. NAR’s President William E. Brown shed some light on the impact of pet owners and their home search.

“It is important to understand the unique needs and wants of animal owners when it comes to homeownership. REALTORS® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet owners, and they will enthusiastically agree that their animals are part of their family.”

The Power of Pets When Choosing the Right Home

  • 89% of pet owners say they would not give up their pet due to a housing restriction
  • 81% of Americans say their pets play a role in their housing situation
  • 31% of animal owners have refused to put in an offer on a home because it wasn’t a good fit for their animals
  • 19% of Americans say they would consider moving for their pet
  • 12% percent have moved for their pet

New home builders have actually begun installing retractable pet gates that tuck away neatly inside door jams as a highly requested feature in new homes to attract pet-parents.

So, if you are a homeowner looking to sell in today’s pet-friendly environment, point out the features of your home that will attract pet owners:

  • Fully fenced in backyard – (91% of pet owners ranked this as the most important feature of a home to accommodate their pet)
  • Locations of dog parks/walking paths/pet-friendly beaches in the area (71% ranked this as the top feature of any neighborhood they would consider)
  • Proximity to veterinarians/groomers/pet supply stores (31%)

Bottom Line

Americans love their pets and will look for pet-friendly features in the home they wish to buy, so take advantage of this knowledge by pointing out your home’s ability to meet their needs.

Salt Lake Home Sales Climb to Record High in July 2020

Salt Lake Home Sales Climb to Record High in July   Salt Lake County home sales reached an all-time high in July at 2,093 homes sold, 15 percent higher than July 2019. It's the first time monthly sales surpassed 2,000 closings since the MLS began keeping records....

The Cost of Renting Vs. Buying a Home

The Cost of Renting Vs. Buying a Home

The Cost of Renting Vs. Buying a HomeSome HighlightsThe percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.This is making buying a home an increasingly attractive option for many people, especially with...

Top Reasons People Are Moving This Year In 2020

Top Reasons People Are Moving This Year In 2020

The Top Reasons People Are Moving This YearToday, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate...

Ask a Pro About Buying a Home

Ask a Pro About Buying a Home

Ask a Pro About Buying a Home Some HighlightsAccording to trending data, searches for key real estate topics are skyrocketing online.Clearly, lots of people have questions about buying a home, and other topics related to the process.Working with a trusted real estate...

Forbearance Numbers Are Lower than Expected

Forbearance Numbers Are Lower than Expected

Forbearance Numbers Are Lower than ExpectedOriginally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some...

The Beginning of an Economic Recovery In Utah

The Beginning of an Economic Recovery In Utah

The Beginning of an Economic RecoveryThe news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand...

Pin It on Pinterest

Share This