Based on the most recent What Dwelling Consumers Actually Need Research*,  residence patrons have somewhat numerous preferences in relation to the architectural model of their residence.  The truth is, there isn’t a nationwide consensus on exterior design.  At greatest, a plurality of 34% would favor to buy a ‘conventional’ residence (rooted in historic types), whereas a smaller 26% would somewhat purchase a ‘up to date’ residence (clear traces, sloped roofs, expansive home windows).  Far smaller shares of 17% and 12% of patrons, respectively, would select a ‘trendy’ residence (daring, boxy, flat roofs) or a ‘transitional’ residence (up to date design with conventional cues) (Fig. 1).

Like exterior design, patrons even have divergent preferences for the fabric used to border the house.  A plurality of 37% would love wooden, 25% concrete, and 23% metal to be the framing materials on their residence (Fig. 2).  Importantly, the 48% who most well-liked concrete or metal did so regardless of the specific discover that these decisions would contain $15,000 to $35,000 in further prices.

This is a vital discovering, given than over 90% of latest houses inbuilt the US use wooden framing.  It gives builders a possibility to discover diversification into non-lumber options, particularly because the U.S. Commerce division is poised to extend tariffs on Canadian lumber from 8% to 14% in 2024.

*  What Dwelling Consumers Actually Need, 2024 Version sheds mild on the housing preferences of the everyday residence purchaser and relies on a nationwide survey of greater than 3,000 latest and potential residence patrons.  Due to the inherent range in purchaser backgrounds, the examine gives granular specificity based mostly on demographic elements similar to era, geographic location, race/ethnicity, earnings, and worth level.