Considerations for home sellers
If you are thinking about putting your home on the market this year, you probably have a number of items to cross off the “to-do” list as you get ready to sell. Of course, companies who stage homes can be quite valuable, however, it’s important to consider the following 5 things that buyers look for in a home. Your home may well have many of these features and yet some might prompt you to make a few changes before you list your home and consequently, make it attractive to a broader range of buyers.
They are still what buyers pay the most attention to when shopping for a home. Islands are important, updates in cabinets, hardware and backsplash sure help. And quality counter-tops are preferred. Buyers generally do not want to look at a kitchen and have to think about what it might cost them to get it into decent shape.
Not just updated kitchen appliances, but how are the other appliances in the home shaping up? Is the HVAC system and water heater newer models and energy efficient? How about updated and efficient windows? All these things add huge value to a buyer.
A recent survey by Better Homes & Gardens Real Estate shows that 77 percent of Gen X & Gen Y home buyers want their homes “equipped with the technological capabilities they have grown accustomed to.” These buyers also like the idea of a media room or space that can have all the bells and whistles for movies, music and games.
Hardwood floors are still highly sought after for buyers. High-end ceramic tiles or slate are also attractive as flooring options. Wall-to-wall carpet isn’t hugely popular anymore and vinyl flooring is out.
With more people telecommuting or working evenings and weekends from home, home offices are becoming far more in demand than in year’s past. Many buyers would prefer home office space over a separate or formal dining room.
Bonus outdoor living space on a patio, porch or deck are always a plus (even in Minnesota) as are large closets and extra storage. Many homes don’t have ALL these ‘must haves’ and that’s okay. But at least now you know what many buyers are looking for when shopping for a home – and maybe you can make some last-minute changes to appeal to the right buyer of your home.