If you’re thinking of putting your home on the market thisspring, you may be wondering how to make your homemore attractive to prospective buyers. The following arethe most common features buyers want in a home.
1. Laundry Room
While many homes have a nook in thehallway or within a bathroom for a washer and dryer, mostbuyers (92%) of all ages want a separate laundry roomwith space for these appliances, plus room to sort and iron.If you want to add a laundry room, think of putting it in thebasement or in an area where there are utility lines andplumbing is accessible. Since the utility lines are already thereand many basements aren’t finished, it’ll be much cheaper toinstall than if you have to take out walls or move utility lines.
2. Exterior Lighting
90% of buyers want a home withoutdoor lighting, including spotlights, walkway lights andpendant lights. Not only does this lighting highlight yourhome’s curb appeal, it’s also a safety measure. For example,motion lights will turn on whenever they sense movement
3. Energy-efficient Windows & Appliances
EnergyStar-rated windows and appliances are a top choice ofbuyers—90% prefer energy-saving appliances and 87%prefer energy-saving windows. Energy-efficient windowscan reduce heating and cooling costs by 12%. Additionally,homeowners may save up to $40 a year on their utility billsby including energy-efficient appliances in their homes.
More than 84% of buyers feel a patio is animportant home feature. Many people entertain outsideduring the warmer months of the year and a patio allowsthem to do so without having to modify their home.
5. Hardwood Floors
For 82% of buyers, hardwood floorsare a desirable selling point in a home. Hardwood floors tendto be more durable and easier to maintain than carpet. Theyalso offer a timeless aesthetic to a home. Homeowners can addrugs to improve the warmth of a space or tie the room together.
6. Garage Storage Space
Storage is important to 81% ofbuyers, especially if they have growing families. Additionalstorage in the garage keeps the main living areas free ofclutter and is more accessible than attic or basement spaces.Improvement options include installing pegboard on the wallfor tools, improving the lighting and electrical circuits or addingcabinets.
7. Eat-in Kitchen
Many buyers (80%) like the appeal ofeating their meals in the kitchen, especially if they have children.Creating space in the kitchen for a small table and chairs maybe as simple as removing a wall. You will want to make surethe wall is non-load-bearing, with limited repair work involvedand without pipes or wires needing to be removed. If thewall contains any of these factors, your costs could increasedramatically.
Source: Kiplinger, August 2016