As you prepare to put your home on the market, there are improvements you can make – some small, some big – that will help you appeal to homebuyers and maximize the price you get for your home. And some existing home features can be a major selling point.
According to the National Association of REALTORS® latest profile of homebuyers and sellers, buyers plan to occupy their homes for the next 15 years. They want homes that offer the room, flexibility and comfort they anticipate they will need in the upcoming years. Energy efficient appliances, windows, and systems in the home are important; today’s homebuyer is looking for a sustainable and affordable home with manageable operating costs.
A study by The National Association of Home Builders found that buyers are interested in saving on square footage, but they want a gracious and casual ambiance. Buyers would prefer to maximize square footage with smaller formal rooms and larger family room and kitchen areas.
Other must-have features buyers are looking for include:
- Separate laundry room • Exterior lighting for both curb appeal and safety
- Ceiling fans
- Patio and outdoor living space
- Hardwood floors
- Storage space in the garage
- Eat-in kitchen
- First-floor master bedroom
Additionally, a survey of home builders by Pro Builder showed that excess has given way to practicality for home buyers. They want spaces that are focused on function rather than ‘keeping up appearances’. Open floor plans, flexible spaces, smarter storage, and a focus on multigenerational living are shaping the homes of the future