When shopping for a home, buyers are going to pay close attention to certain popular features that they don’t want to live without and are willing to pay top dollar to get these features. A homeowner that knows what features buyers are looking for in a home will put them in a better position to sell their home when the time comes. While some features are going to be more expensive or even out of reach, any updates that are possible can increase your home value or even sell your home quicker.
According to a survey given by the National Association of Home Builders, buyers were looking for these top features in a home.
A dedicated laundry room was one of the most wanted features for homebuyers, so if you don’t already have one, you should consider adding one. Buyers want a space they can hide their dirty laundry, fold or iron their clean clothes, and keep them hidden until they are put away without taking up space in other living areas.
If you’re considering adding a laundry room, the basement is a spot to consider due to the utility lines already being run. Basements are also usually already unfinished, so there is no need to demolish anything first to get started.
If it’s within your means, consider adding a utility sink, good lighting, and energy-efficient appliances to showcase the room. Depending on your available space, add a folding table or countertop for folding your laundry and cabinets to hide your laundry detergents.
Related: 5 Must-Haves for Your New Home
Exterior lighting can not only benefit you as the seller by showcasing your home and illuminating your well-manicured lawn, it is also the most wanted exterior feature buyers are looking for.
Aside from the aesthetics exterior lighting provides your home, it serves as a safety feature. Exterior lighting can provide the added safety feature by illuminating the walkway to guide your way, providing additional lighting to your front door for just the right amount of additional security. Motion-sensor lighting is also a safety feature that homebuyers are going to be attracted to.
Ceiling fans may surprise you that it is one of the most sought-after features for homebuyers; however, they are not only aesthetically pleasing but are also energy efficient. A ceiling fan can reduce cooling costs when used in conjunction with the air conditioning or even eliminate using the air conditioning altogether when a ceiling fan is available. The average home equipped with ceiling fans can raise their thermostat 4 degrees when used in conjunction with the air conditioner.
Energy-Efficient Appliances and Windows
Energy-efficient appliances can save on average around $200 over the lifetime of the appliance and uses on average 33% less water than regular appliances. Homebuyers look for updated, energy-efficient appliances that can potentially save them money from the start.
“Windows are a big deal when it comes to energy efficiency. No one wants leaky cheap windows, that’s just money going out the window. A good, energy-efficient window will have two to three panes of glass with an invisible glass coating. Having energy-efficient windows can be pricey but, they will pay for themselves over time. The average energy savings is 12% when a home is equipped with energy-efficient windows.” Says Amar Realtor, Cupertino REALTOR®
Home renovation shows have put outdoor space back in focus for homebuyers. Now more than ever, sellers need to ensure that their outdoor space is not overlooked. Buyers want to see a welcoming space to entertain friends, a safe place for their kids or grandkids to play, or just a place to sit, relax and enjoy a beautiful day. Sellers need to showcase the roomy, comfortable space where they can enjoy friends and family, BBQ, and play.
Taking the time to power wash, paint, or take care of minor repairs can make a world of difference and make your home more irresistible. If you are not normally one to spend a lot of time outdoors, staging your outdoor space is highly recommended. Whether you buy, rent, or borrow some outdoor furniture, add a few rocking chairs to your front porch, include a fire pit on your back patio giving homebuyers a visual idea of how to utilize the outdoor space will only encourage an offer.
A kitchen can make or break the sale of a home. Most buyers are interested in moving into a move-in-ready home and if they see an outdated kitchen, they see more money out of their pocket and a lot of work.
Updating the kitchen appliances with energy-efficient appliances is an expensive update but can increase the value of your home. Buyers are going to take notice of energy-efficient appliances that will save them money down the road.
A popular kitchen update that most buyers wanted was a double sink. When updating the sink, avoid porcelain finishes as they tend to stain, stainless steel is the most economical, practical option.
“Cabinets can be very costly, if your cabinets need updating, consider painting and updating the hardware on the existing cabinets. Redoing your cabinets may be more work but, the money you save is well worth your effort.” Says, John Kinnunen of eXp Realty
Hardwood floors have become increasingly popular through the years due to their sleek look and durability. Hardwood flooring in the main sections of a home, where there is more traffic can last up to ten years, whereas carpet would likely need to be replaced well before that. Some hardwoods can even be periodically refinished to last even longer.
Engineered wood flooring is a more budget-friendly option and looks great, still an excellent option over the carpet.
While walk-in closets are what most homebuyers look for, it is not always possible. Buyers want plenty of space for their belongings, if possible, a seller will want to convert their closet to a walk-in, especially in the master bedroom.
Whether a walk-in closet renovation is possible or there is already an existing walk-in closet, installing a closet organizer to assist with the available space could make a smaller closet appear larger and more doable.
Buyers look for a full bathroom that includes a sink, toilet, tub, and shower on the main floor. Whether it’s a family with small children or a mature couple, having a full bathroom on the main floor is an important feature.
If a bathroom renovation is necessary to update an existing half bath to a full bath, the size of the space needed can vary. While families may want the full bath to monitor bath time while multi-tasking dinner or laundry, they tend to not mind a bath/shower combination. However, mature couples tend to like having the bath separate from the shower making the need for more space necessary.
Let’s face it, the older we get the more difficult taking the stairs to take a bath or shower, so finding a home with a full bath available on the main floor is going to take priority.