For DC-Area Homebuyers, A/C is More Important than Family
A new Zillow study finds that nearly 90 percent of homebuyers in the DC area cite air conditioning (A/C) as very or extremely important in their homebuying decision. By comparison, only half of buyers surveyed cited proximity to family and friends as very or extremely important to their decision.
Considering how hot and humid DC-area summers have been, and the prevalence of transplants from other areas, the ranking of these priorities makes sense. Of the five metro areas specifically examined for this data point, DC had the highest share of homebuyers who placed emphasis on air conditioning.
story continues below
loading...story continues above
The demand for A/C in the DC area does not have a significant impact on home prices, as previous research showed that central A/C carries a 1.7 percent, or $6,800, premium over homes without central A/C.
The Zillow study uses 13,439 responses from online survey data acquired in partnership with a research firm to get a representative sample of the US population. The "Buyers", defined as the primary decision-maker living in a home they purchased within 12 months of the survey, accounted for 3,000 of the respondents.
See other articles related to: a/c, air conditioning, homebuying, zillow
This article originally published at https://dc.urbanturf.com/articles/blog/for-dc-area-homebuyers-ac-is-more-important-than-family/15741.
Most Popular... This Week • Last 30 Days • Ever
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
The National Park Service has given the green light for DC's 62 year-old stadium to b... read »
A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »
UrbanTurf continues our tour of neighborhood developments around the region as we tak... read »
The application could be a sign that plans to redevelop a pair of former church prope... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro