2020 has shifted what buyers are looking for in a home. Prior to 2020, the home was where you returned after work, school, going to the gym, etc. That has since changed. Home is now where you do all of the above. For those spending extra time where they currently live, they’re reevaluating what features are important to have in a home. Homeownership is taking on a whole new perspective. Here are a few things buyers are looking for in a house today.
With working remotely becoming the new norm in 2020 those in the workforce are finding they need a dedicated home office space. Many have attempted to turn their dining rooms, bedrooms, and corners of their homes into office spaces, making continued productivity a challenge. Those in the workforce are discovering they don’t need to live close to the city or their physical work location. If they move a little further away they can get more for their money. Buyers want a space where they can be comfortable and productive from their own home.
If your home has a home office, be sure to stage it properly prior to listing it on the market. Be sure the room is organized and clean. You want buyers to walk in and immediately feel like it’s a space in which they can be comfortable and productive. Do you have another space in your home that could work as a schoolroom for kids? During this health crisis, many schools have gone virtual, causing families to need a space for their children to learn as well. Consider staging the space as a virtual learning zone for children. Check out this article from Parents.com on “How to Set Up a Virtual Learning Space At Home for Kids”.
You aren’t selling your home, you’re selling your kitchen. According to a survey, 80% of homebuyers placed the kitchen in their top three most important spaces. (https://www.realtor.com/research/spring-home-shoppers/) A beautiful kitchen with functionality and flow will help attract potential buyers. Consider painting your cabinets white and adding new hardware. If your cabinets need more of a facelift consider cabinet refacing. An open floor plan is an added bonus allowing for the ease of entertaining. With people spending more time in the kitchen now more than ever, an updated kitchen can help you sell your home faster and for more money.
Not only do hardwood floors look amazing, but they’re also easier to clean and they last longer than carpet. With hardwood floors, spills can easily be wiped up and dust can be swept or vacuumed with ease. Hardwood floors are also more allergen-friendly than carpet. Pollen and dust can get trapped in carpet, making it difficult for people with allergies or asthma to rid the home of allergens. After years of wear and tear, hardwood floors can be sanded and refinished repairing any scratches that have occurred over time. Adding hardwood floors will add value to your home and make it an attractive option for buyers.
With many families being home almost 24/7, their utility bills are likely to rise. An energy-efficient home means lower utility bills for the buyer and peace of mind. (Oh and did we mention, it’s better for the planet too!) Replacing light bulbs in your home with LED’s is an easy way to make your home more energy-efficient. If any appliances need to be replaced, be sure to purchase ones that are Energy Star Rated. (Bonus Tip: Visit Peco.com or your utility suppliers to see if they’re offering rebates for replacing old appliances with energy-efficient ones.) Are your showerheads old or leaking? Replace them with low flow, water-saving ones.
With more people working remotely, many are fleeing city life in search of housing with outdoor space. A larger backyard is also important now for families with children. With schools going virtual, having space for kids to go outside and run around is so important! (For the health of the kids and the sanity of their parents!) A backyard can be transformed into a space for play as well as entertaining. It can even be transformed into an outdoor oasis.
Prior to listing your home, make sure whatever outdoor spaces your home offers are in top shape! Consider weeding the beds, painting/staining your deck, power washing any patios, and making the spaces inviting and eye-catching. Does your home have a deck or a patio? Stage it with a few plants and outdoor furniture. Make it a space that a buyer can’t wait to enjoy!
Are you thinking about listing your home? Check out our article on “Home Staging Tips & Tricks”