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A recent report by HomeLight on 2023 trends found that 57% of real estate agents believe the open-concept kitchen with adjacent family room will be a much sought-after feature for homebuyers.
For sellers, this means a home that already has this kitchen design might be a hot commodity on the real estate market. If you’re considering a move anyway and your home incorporates the open-concept layout, it might be the perfect nudge you’ve been looking for to pull the trigger and list your home.
As for buyers, sustained interest in the open-concept kitchen may mean bidding wars on properties that have this feature. On the other hand, it could also mean potentially better prices on homes that don’t have this kitchen layout, given the less demand.
Another consideration for prospective homebuyers who are interested in an open-kitchen concept but are looking for a deal is to target a property that doesn’t incorporate an open kitchen (yet) but does utilize an interior wall that isn’t load bearing and can therefore be removed.
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