Adding a furry friend to your family can bring so much joy to your life. Whether it’s a dog, cat, bunny, or other, they’re sure to bring a smile to your face when you walk in the door. Not surprisingly, many household decisions revolve around them. Now, an increasing number of prospective homeowners are accounting for their pets when looking for suitable homes. So, how does homebuying with pets work and what are the factors you need to consider?
Numbers collated by the National Association of REALTORS (NAR) show that more households in the U.S. have pets than children. The percentage of households with children less than 18 years old has declined from 52% in 1950 to 39% in 2023. Not surprisingly, this trend is common with homebuyers too, wherein while 58% of homebuyers had children less than 18 years old in their households in 1985, the number dropped to 30% in 2023.
On the other hand, while 56% of households had pets in 1988, the number increased to 66% in 2024. In addition, the size of the American pet industry stood at $147 billion in 2023, up from $53.3 billion in 2012.
The National Association of REALTORS (NAR) 2023 Profile of Home Buyers and Sellers report also highlights how many homebuyers account for their pets when selecting neighborhoods.
Among buyers who considered their pets in their decision-making, the most important factors when deciding on neighborhoods included:
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Pet owners who wish to purchase homes have checklists that extend beyond the usual square footage, school districts, inspections, down payments, and mortgage pre-approvals. This is because buying a pet-friendly house requires paying attention to aspects that people without pets have no reason to worry about. However, if you don’t have a pet now but think you might get one in the future, you may also benefit by looking at how pets affect the homebuying decision.
While every homebuyer considers squarefootage when buying a home, this aspect takes special meaning if you’re a pet owner. Several dogs experience a behavior referred to as frenetic random activity period (FRAP) or, more commonly, as zoomies. While no known cause for this behavior exists, the veterinary fraternity believes this is how dogs release pent-up energy, or, in some cases, alleviate stress.
When you buy a home with a large square footage, you give your dog plenty of room to run around and burn energy, especially when the zoomies kick in. Besides, it’s not just dogs; cats also love to sprint and pounce around and without having to maneuver through furniture, and there are plenty of cats who enjoy being outdoors.
The size of your pet can also play a role in the size of your home. For example, a Dachshund will be more comfortable in a 1,200 square foot home than a German Shepard. The bigger the animal, the more space you will need.
Often associated with human needs, accessibility in home design can be surprisingly beneficial for pets. For example, if you have an old pet, you might want to consider buying a single-story home instead of a multi-story one because traversing stairs would be a problem. This is also the case if there are stairs leading up to a house, unless there’s enough room for constructing a ramp.
Jumping onto high beds or navigating steep stairs can put a strain on pets’ joints, especially as they age or if they have mobility issues. Installing ramps or opting for homes with gentle slopes can make a world of difference.
The type of flooring a home has can have a significant impact your pet’s comfort and your cleaning routine.
Keeping your pet safe and secure is paramount, and accessibility features tend to play a role here too.
Data released by Zillowindicates that there is a higher likelihood of pet owners finding private outdoor space to be very or extremely important (73%) in comparison to homebuyers who don’t have pets (65%). While having plenty of fenced space to run around is enough for some pet owners, others look for features like non-toxic landscaping, areas with shade, and enclosed patios. In the absence of a fence, you’ll need to look at how much money you might end up spending to get a new one.
The answer to “Are there pet-friendly neighborhoods?” is in the affirmative, and New York has its fair share. There’s more tobuying a home in a pet-friendly neighborhood than having a yard, although that’s certainly a bonus, and this is what you may expect.
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One way how pets influence the homebuying decision involves community policies, especially if you plan to buy a home that’s part of a homeowner’s association (HOA) or a similarly planned community. This is because while some communities welcome pets, others impose restrictions that can range from inconvenient to deal-breaking.
Understanding thespectrum of policies before you sign on the dotted line is essential to avoid heartache down the road.
Barkitecture is definitely a thing, so much so that it inspired a TV series by the same name. The show involved building build custom luxury dog homes for celebrities. This form or architecture, if you maycall it that, is all about creating a harmonious living space where both humans and their pets can thrive. From the perspective of prospective homebuyers, considering these features can be crucial.
Barkitecture goes far beyond simply throwing down a comfy bed. It’s about intentional design choices that cater to a pet’s needs and instincts. Some of the elements you may find in a home that follows this concept include:
As the number of pet-owning households continues to rise, homes with barkitecture features are becoming increasingly desirable. These features aren’t just aesthetically pleasing; they make life easier for pet owners. More importantly, barkitecture considers pets’ comfort, safety, and natural instincts, contributing to their overall happiness and well-being. In addition, as this trend gains momentum, homes thoughtfully designed for pets may command a higher resale value down the line.
Getting pre-approved for a mortgage is a crucial step in your journey toward homeownership. This way, you’ll know exactly how much you can comfortably afford, saving you time and heartache by focusing your search on realistic options. Besides, a pre-approval shows sellers you’re a serious and qualified buyer, giving you a competitive edge in competitive markets.
Before you apply for pre-approval, make sure you check your credit score because it might have an effect on the type of mortgage you can get.
When it comes to pets and homebuying, it’s a great idea to look for homes and neighborhoods where they might feel at ease. Now that you’ve seen how pets can impact home buying decisions, it’s time to think about reaching out to a mortgage provider and getting a pre-approval. Know that this is the best way to begin the process of buying a pet-friendly house because you can then limit your search accordingly.
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Considering homeownership but not sure where to begin? The Meadowbrook Financial Mortgage Bankers Corp. guide to home buying will make the process easy all in one packet.
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