STATEN ISLAND, N.Y. – Choosing a community is one of the most important factors for consumers as they consider buying a home. Research by the National Association of Realtors consistently reveals that Americans prefer walkable, mixed-use neighborhoods and shorter commutes.
‘This is a likely factor when you consider the satisfaction of Staten Islanders, who commonly have the better of two worlds: Suburban-type communities with the urban-like advantage of being close to everything,” says the Staten Island Board of Realtors (SIBOR),
According to NAR’s 2013 Community Preference Survey, 60 percent of respondents favor a neighborhood with a mix of houses and stores and other businesses that are easy to walk to, rather than neighborhoods that require more driving between home, work and recreation.
The survey findings indicate that while the size of the property does matter to consumers, they are willing to
compromise size for a preferred neighborhood and less commuting.
NEIGHBORHOOD IS IMPORTANT
For example, although 52 percent of those surveyed prefer a single-family detached house with a large yard, 78 percent responded that the neighborhood is more important to them than the size of the house.
Fifty-seven percent would forego a home with a larger yard if it meant a shorter commute to work, and 55 percent of respondents were willing to forego a home with larger yard if it meant they could live within walking distance of schools, stores and restaurants as opposed to having larger yard and needing to drive to get to schools,
stores and restaurants.
LEAST POPULAR CHOICE
The least popular choice of community was a suburban neighborhood with just houses.
As for transportation concerns, 41 percent said improving public transportation would be the best solution for
improving transportation, while 29 percent would prefer the development of communities where people do not have to
drive long distances to work or shop, and 20 percent would choose building new roads.
The survey of 1,500 adult Americans was conducted by American Strategies and Meyers Research from September 18-24, 2013.
About The Staten Island Board of REALTORS® (SIBOR)
The Staten Island Board of REALTORS® (SIBOR) is the largest not-for-profit trade association in Staten Island, N.Y.
SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.
Comprising more than 1,700 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.
SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS), which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in more than 3,000 real estate transactions every year.
All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
SIBOR may be reached at 718-979-0007 and viewed online at http://siborrealtors.com. SIBOR may also be visited on Facebook at “Staten Island Board of Realtors” and on Twitter via @SIBOR.
Media Contact: Barton Horowitz