What does the Buyer want?
With all real estate purchases, resale potential and value should always be considered.
Before purchasing a home, buyers should ask themselves
“Would this home appeal to future buyers when we’re ready to sell?”
Before listing a home, sellers should ask themselves
“What features and trends are currently most important to homebuyers and what can we do to our home to attract the most buyers?’
Which bears the question…
What are homebuyers looking for in a property?
Below is a list of some of the most popular home features and trends homebuyers desire:
Location, Location, Location
Open Floor Plan
Updated and Spacious Kitchen
Home Office
Hardwood (or Wood-Like ) Floors in Main Areas
Garage(s) that may also Provide Extra Storage
Energy Efficient Features
such as Appliances, Windows, Insulation or Doors
Powder or Full Bathroom near Living Room
Walk-in Master Closet
Outdoor Living/Entertainment Space
Natural Light
Neutral Paint Colors
Bottom Line:
Understanding the home features and trends that buyers are most looking for is an essential strategy homebuyers should practice when seeking a home. Using this strategy can guide buyers to investing in a home that will evolve throughout the years and offer the most potential for profitable future resale.
However, some of these desired home features take higher rank than others.
Both sellers and homebuyers should speak with their real estate agent about which home features and/or trends should weigh the heaviest on your decision to purchase a home (buyers) or your decision on where to spend your money in updates (sellers).
The Seay Group