When it comes time to sell your home, take a close look around and see if your place has the goods that buyers are looking for. Considering the magnitude and expense of such a purchase, buyers want to fall in love with the home they plan to buy, and certain characteristics can help make that happen.
It might be worth your while to add or upgrade features in your home to help attract more buyers, and thereby draw in more offers.
Here are 6 features in a home that buyers look for before making an offer.
Open Concept Layout
Newer homes offer spacious floorplans and soaring ceilings that older homes simply don’t have. Homeowners love to be able to entertain guests and converse with them no matter where they happen to be, and parents love the idea of being able to see their kids from every angle of the living space. An open concept layout is a must-have for situations like these.
Just about every buyer expects to see an eat-in kitchen when they’re searching for a new home, especially if they’ve got kids. The kitchen is the hub of the home and is much more than just a space to prepare meals. If your kitchen doesn’t currently have the space for a table and chairs, you might be able to create this space by removing a wall rather inexpensively, as long as there is no additional repair work that has to be done.
Garage Storage Space
Storage is often a huge issue for homebuyers, especially those with growing families. Of course, smart indoor storage options are critical, which include walk-in closets and oversized linen closets. However, added garage storage space is a bonus, especially when it comes to storing larger items, such as Christmas trees, lawn furniture, and large tools. This added space helps to cut down on the clutter inside the home and is just a few feet away for easy access.
Spacious Laundry Room
Homebuyers want a laundry room that’s not just conveniently located, they also want it to be spacious enough that they can do all the pre-washing, folding, and ironing all in one space. Having a space like this can help keep the mess out of your bedroom or living space, and prospective buyers will see that as a major advantage.
If you don’t currently have an existing laundry room, you don’t necessarily have to create an addition to get one. The basement is typically the easiest place to put one and can cost as little as $1,000 to create.
Hardwood flooring offers a more modern, clean look compared to other flooring options. It’s durable, easy to maintain, and doesn’t induce allergies like carpeting can. Good quality hardwood can last a lifetime and can be easily refinished every so often to achieve a new look. Buyers have come to expect hardwood in the homes they plan to purchase, so if your home currently has dated flooring, you might want to consider installing hardwood. The cost to install 120 square feet of hardwood is approximately $1,400, which you can easily recoup come sale time.
Homebuyers are much more environmentally conscious these days, and anything that they can do to contribute to the health and protection of the planet is a welcomed idea. One of the most effective ways to minimize their carbon footprint on the earth is having a home that operates much more efficiently. In particular, energy efficient appliances and windows can help to significantly reduce wasted energy, and even slash utility bills. The combination of saving the planet saving money is something that just about every buyer finds extremely attractive.
When you’re thinking about selling your home, it’s helpful to understand exactly what buyers are looking for. If your home is currently not equipped with any of these highly coveted features, you might want to consider making a few upgrades to your home before listing it for sale. Done right, they could increase the value of your property and allow you to command more money when you sell. Just make sure you seek out the advice from an experienced real estate agent to make sure the changes you plan on making will bring you the return on investment you’re looking for.