94% of New Construction Homeowners Are Willing to Pay More for Flex Spaces
According to our survey of more than 2,000 U.S. homeowners, 90% said flexible spaces (i.e., rooms that support multiple uses) are very or moderately important when choosing a new home. This sentiment may be rooted in hindsight, since our 2024 Housepower Report found the top regret among homeowners was compromising on features they really wanted.
Key takeaways
- New construction homeowners are more likely to view flex spaces as value-additive, with 62% considering them “very important” compared to only 40% of respondents with existing homes.
- Most homeowners (86%) are willing to pay more for a home with a well-designed flex room, including 94% of new construction homeowners and 80% of those with existing homes.
- Among all survey respondents, guest rooms (52%) and home offices (46%) are the most preferred uses for flex spaces, while natural light (50%) and built-in storage (49%) rank as the most valued design features.
- New construction homeowners prioritize guest rooms (44%), home offices (40%), and game or media rooms (36%) — highlighting demand for layouts that support hosting, working, and entertaining at home.
Homeowners are willing to pay up to $20K more for the right flex space
INVESTMENT LEVEL | NEW CONSTRUCTION HOMEOWNERS | OWNERS OF EXISTING HOMES |
---|---|---|
Unwilling to pay more | 6% | 20% |
Up to $5,000 | 16% | 21% |
$5,000–$10,000 | 30% | 32% |
$10,000–$20,000 | 34% | 20% |
More than $20,000 | 14% | 7% |
From sliding doors to sunlight: Features homeowners want built in
- Guest room or convertible bedroom (52%)
- Home office (46%)
- Hobby or creative studio (34%)
- Home gym or wellness room (32%)
- Multi-use storage or mudroom (37%)
DESIRED HOME FEATURES | NEW CONSTRUCTION HOMEOWNERS | OWNERS OF EXISTING HOMES |
---|---|---|
Access to natural light | 45% | 54% |
Privacy features (e.g., sliding doors, room dividers) | 43% | 43% |
Built-in or hidden storage | 40% | 56% |
Open floor plan | 40% | 42% |
Convertible furniture (e.g., Murphy bed, folding desk) | 35% | 25% |
Easy to reconfigure (e.g., modular walls) | 33% | 24% |
Soundproofing or acoustic treatments | 31% | 26% |
Flexible spaces backed by comprehensive coverage
Methodology
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