Renters are fairly practical when it comes to what they most desire in their apartments. Among a variety of options, they rate high-speed Internet access as their most important amenity.
A new survey from the National Multifamily Housing Council and Kingsley Associates reveals the amenities that renters want most and are willing to pay for. The survey is based on responses from nearly 120,000 apartment dwellers.“Magnificent clubhouses and media rooms may look great on tours, for both prospective residents and equity investors, but they often don't get used as much as you'd think,” says Jay Denton, senior vice president for research and analytics for apartment data firm Axiometrics.Instead, here are renters' most-desired amenities:
Fast Internet access
Private outdoor spaces, such as patios or a balcony
Washer/dryer in unit
Refrigerator water/ice dispenser
Still, four out of five residents also said they were interested in pools as an amenity in their building, and they are willing to pay extra to have one, too. “It's all about an extra place to hang out with your friends,” says Denton. “I’ve seen more cabanas and other gathering spots near the pool so that it has some functionality during the winter.”
What’s more, location is another important element for renters. More than half of residents surveyed say they prefer to live within walking distance of a grocery store or a neighborhood restaurant. “Being near shopping, retail, and restaurants is a huge amenity,” says Denton.
DAILY REAL ESTATE NEWS | WEDNESDAY, DECEMBER 02, 2015
Author:Marilyn Cortez Phone: 956-587-1633 Dated: December 2nd 2015 Views: 294 About Marilyn: Always ahead of the highly competitive RGV real estate market, Marilyn Cortez is a Spanish speaking ...
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Always ahead of the highly competitive RGV real estate market, Marilyn Cortez is a Spanish speaking native of the Rio Grande Valley. Born and raised in Mission, Marilyn is committed to her clients, and is recognized as a Top Agent in the Greater McAllen Real Estate area, and within Keller Williams Realty. Since the start of her Real Estate career in 2007, she has sold over 40 million dollars of real estate. Known by her fellow real estate agents to be hardworking, honest, dedicated and motivated, Marilyn is knowledgeable in all areas of Real Estate and has built her business on results, with more than 70% of her clients being repeat clients.
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"Marilyn helped us buy our first home, and we never felt like we were out of the loop. I was always informed about every single step of the process, and if I had any questions or concerns, Marilyn answered all my questions in a timely manner. I highly recommend her as an Agent, and I can't wait to do business with her again."