Does Your House Have What Buyers Want?
Does Your House Have What Buyers Want?
When it’s time to sell your home, you need to think about potential upgrades or repairs that your home needs. With the right preparation and investment, your home could sell more quickly and for more money. While this article isn’t exhaustive, it does cover 15 features that buyers want from a home.
The following list is only meant to be a guide, but all of these items polled highly, according to a report from the National Association of Homebuilders. Keep in mind that all buyers are different, and require or desire differing features in a home.
1. A Laundry Room
Homeowners desire a laundry room, complete with a washer, dryer, and space to set aside the dirty clothes. A dedicated laundry room, believe it or not, is one of the most sought-after features of a home. Potential buyers will see it as a huge benefit, since it adds so much to the home.
2. Ceiling Fans
Since ceiling fans are a cost-effective and comfortable way to cool a room in the summer, they are a highly sough after feature in the homebuying process.
3. Patio or Back Deck
A patio or back deck really completes a home’s backyard, and can bring in a higher quantity and quality of offers. The homebuying process is inherently emotional. People like to envision themselves livingin the home they buy for years. It’s where they will raise their kids, host social gatherings with friends and family, and grow as people. A beautiful backyard, complete with a deck or patio, adds a lot to the desirability of the home.
4. Front Porch
While a back patio or back deck is a highly sought-after feature, a front deck is equally important for many buyers. A front porch sits between the road/curb and front door. It’s a place where homeowners can relax, observe their neighborhood, and interact with neighbors. If it’s covered, it’s considered an extension of your living space.
5. Hardwood Floors in the Main Rooms and Main Living Areas
Hardwood flooring is more natural, durable, and easier to maintain. While a carpet needs to be replaced every decade or so, hardwood flooring can last for the lifetime of the home, as long as it is refinished periodically.
6. A Full Bathroom on the Main Floor
A full bathroom, complete with a toilet, sink, and shower/bath, is essential for any home. However, a full bathroom on the main floor adds a different element to a home, as it allows parents to supervise bath time for their kids as they clean, cook, or take care of business on the main floor or kitchen area. Older people like this option as well, because it allows for the potential to live on one floor, especially if a neighboring room can be converted to a bedroom.
7. Energy-efficient Lighting
EnergyStar-certified LED light bulbs result in a 75% or more energy reduction over traditional light bulbs, and last 25 times longer than old-fashioned, incandescent lighting. LED bulbs are great for recessed down lighting or task lighting since they shine light in a single direction.
They also give out comparatively little energy since they don’t give out much heat and they work well in the kitchen, which is often pretty hot when in use. They’ll also save the homeowner substantial amounts of money over the long-term, with the added benefit of rarely needing to be replaced.
8. Eat-in Kitchen
Eat-in kitchens with space for a table and eating in the kitchen are a highly sought-after feature in a home, especially for families with children. The space allows for eating, doing work, playing a board game, or socializing.
9. Exterior Lighting
Lighting a beautiful lawn with exterior lights grabs hombuyers’ attention, as it is one of the most heavily desired outdoor features. Aestetically, it make the lawn and exterior of the home very visual appealing. But looks aside, exterior lighting is also a bonus safety feature for your home, as it deters and detects outside motion, potentially deterring or catching criminals looking to enter your home.
10. Walk-in Kitchen Pantry
A walk-in pantry is a highly desired kitchen feature among buyers, especially those with families. Home buyers with families want a kitchen with enough space for food and supplies for the whole family.
Even though the above list is only meant to be a guide, all of these items were poll-tested by the National Association of Homebuilders, meaning the average homebuyer is looking for most of these features. If your home lacks some or most of these features, it may be time to consider making upgrades to the inside or outside of your property.