Fido does impact where pet owners live and how they renovate
Ninety-nine percent of those with a pet believe the animal is a part of their family, according to NAR’s 2017 Animal House: Remodeling Impact report.
And they are looking out for the whole family’s best interest when they search for a home. Sixty-one percent of households either own a pet, or are planning to get one. Twelve percent of pet owners have moved for their animal, and 19 percent said they would consider moving to better accommodate their pet. Nearly one-third of pet owners have not put an offer on the house because it was less than ideal for their animal.
And of those that own a pet, 61 percent said it’s difficult to find a rental property or homeowner association that allows animals. Ninety-five percent reported that they think living in a housing community that allows pets is important. Sixty-two percent said it is important to have animal-friendly amenities, like a walking path, animal store or animal grooming, near their residence.
On the other hand, more than two-thirds of Realtors® surveyed reported that owning a pet has an effect when listing a home. They suggested owners should replace anything that has been damaged, clean the home to remove any scents and take the pet out during showings as the top three ways to avoid negative feedback from potential buyers.
Homeowners are also remodeling to accommodate their pets. More than half (52 percent) of pet owners completed a home project to better serve their pets’ needs. Twenty-three percent added a fence to their yard, 12 percent added a dog door and 10 percent added laminate flooring. Ninety-four percent reported they felt “satisfied” with their remodeling. Of those who remodeling, 44 percent paid a professional, while 56 percent completed the project themselves. Realtors® also reported that more than 90 percent of homebuyers with a pet want a fenced yard.
Nearly 90 percent of households would not give up their pet for a residence.
“In 2016, 61 percent of U.S. households either have a pet or plan to get one in the future, so it is important to understand the unique needs and wants of animal owners when it comes to homeownership ” says NAR President William E. Brown. “Realtors® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet owners, and they will enthusiastically agree that their animals are part of their family.”
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