As full-fledged members of the family, it should come as no surprise that pets are impacting owners’ real estate-related decisions. In fact, according to a new report, 44% of U.S. adults say they consider their pets’ needs before renting or purchasing a home.
The survey, conducted by the residential mortgage lending arm of Ally Bank, asked 1,000 adults in the U.S. about their home preferences in honor of National Homeownership Month.
One key finding of the study: almost a quarter of respondents (24%) said that having a dedicated space for their pets is a major consideration when organizing a home.
Millennials are the most likely age group to report that their pet has an influence on their house-related decisions. For instance, 32% said they are willing to make changes in a home because of a pet; 26% said they want a dedicated space in their house for their pets; and 11% said they would consider buying a bigger bed for nighttime snuggles.
"Purchasing a home is one of the most significant investments most Americans will make in their lives, so it makes sense that we want our four-legged friends to feel at home," said Glenn Brunker, president of Ally Home, in a statement.
Many homebuyers (20%) even said they would go so far as to bring their pets with them to look at potential new homes, with 24% of women and 15% of men indicating that they would take their animal companions on the house hunt.
You can read the full report and findings here.