Elder people
seem to care less about high end finishes. My in laws have their rather large, 2,200 sq. ft. condo listed currently for sale. They built in in 1998 with standard amenities. Vinyl kitchen floor, no island, Formica counters. They do have hardwood floors in the entry foyer, main hall. All else is carpet. Bath's are ceramic, appliances white.
Dad added a ceramic tile kitchen back splash.
They are having difficulty selling it. They've reduced the price, and still buyers want new, updated, granite, tile flooring, or woods.
Even though most of what is in there is still made today, it's standard builders grade.