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What does the Buyer want?

Posted by seaygroupweb on November 5, 2020
0

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

House, Wood, Family, Driveway, Architecture, Home
From Pixabay

Open Floor Plan

Kitchen, Real Estate, Interior Design, Architecture
Pixabay Image by shadowfirearts

Updated and Spacious Kitchen

Kitchen, Interior Design, Room, Dining, Dining Table
Pixabay Image by StockSnap

Home Office

Office, Home, House, Desk, Chair, Lamp, Contemporary
Pixabay Image by ErikaWittlieb

Hardwood (or Wood-Like ) Floors in Main Areas

Living Room, House, Interior, Design, Lampshade, White
Pixabay Image by StockSnap

Garage(s) that may also Provide Extra Storage

Garage Door, Door, Overhead Door, Garage Doors, Garage
Pixabay Image by theredbeardagency

Energy Efficient Features

such as Appliances, Windows, Insulation or Doors

Energy Efficient, Insulation, Sustainable, Safe
Pixabay Image by RachelW1

Powder or Full Bathroom near Living Room

Condo, Lakeshore, Ontario, Toronto, Bathroom
Pixabay Image by pkamiini

Walk-in Master Closet

Closet, Visualization, Interior Design, Dressing Room
Pixabay Image by Victoria_Borodinova

Outdoor Living/Entertainment Space

Pool, Backyard Pool, Swimming, Backyard Patio, Family
Pixabay Image by todfrank

Natural Light

Living Room, Sofa, Couch, Interior Design, Decoration
Pixabay Image by StockSnap

Neutral Paint Colors

Bedroom, Real Estate, Interior Design, Architecture
Pixabay Image by shadowfirearts

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

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