If you’re looking to put your home on the market, we know that you’ve had this question wander through your mind—what are buyers looking for?
This question comes in many different shapes and sizes. From asks like, “what signs to look for to see if a home has water damage”, to “how large does a basement window have to be?” There’s plenty of curiosity on the buyers’ behalf that can make selling your home quite intimidating. While we have the answer to all of your real estate questions, we thought we’d give you a little inside scoop into one of the most important question you’ll ask when selling your home; that is, “What are buyers looking for?”
While this could mean a plethora of different things, in this sense we’ve decided to focus on the good. Or rather, the good features of a home that buyers are looking for. For instance, while garage space is almost always a must for buyers, recent trends in affordability have seen a decrease in demand for three-car garages.
Check out this list of some worth-mentioning features homebuyers are looking for.
Conveniently Located Laundry Rooms. Laundry rooms have become a game changer in home buying. Whether the room is near a bedroom or the kitchen, the key is having a laundry room in a conveniently located space on the first floor that makes laundry day less labour intensive.
Energy-Saving Features. Keeping in touch with “Go Green” trends, homebuyers have been giving major points to energy-saving features like Energy Star-rated appliances, low-E windows, ceiling fans, and programmable thermostats to save energy and improve the comfort of their home.
Storage Needs. Another major want for homebuyers is storage space, such as garage storage and walk-in pantries and closets. Built-ins are also a huge selling feature—so if you’re looking for a way to add more storage to up your resale value, consider custom built-ins. You can find affordable options at places like IKEA if you’re looking to save money, too.
Quality Flooring. This homebuyer “must-have” has been reappearing on this list for years, and there’s no question why. The floors of a house take the brunt of our everyday activities and are usually the first surfaces to reflect wear and tear, so it’s important your home has quality flooring that can withstand a beating. Trust us, spending extra cash on your floors will get you a great ROI in the long run.
Updated Kitchen. Most families spend a lot of their time together in the kitchen, which is why a kitchen is often titled the "heart of the home". But as we all know, kitchen renos can get quite pricey. So, the trick is to not overdo it. Instead of trying to turn your space into a high-end gourmet kitchen, stick to modernizing outdated features like cabinets, counters, appliances and paint colors.