The 10 Best Features Buyers Look for In A Home
Whether you’re selling a fix and flip or your primary residence, it pays to know what buyers are looking for before you start that remodel. Are home seekers looking for open concept, energy efficiency, a completely remodeled kitchen, or a nice outdoor living space? See the list below for 10 attractive features not to miss when renovating a property.
1. Open Concept
Homes with spacious, open floor plans are more attractive to today’s buyers. While that doesn’t have to mean a single kitchen/dining/living room, some blending of common areas can help a property’s selling power. High ceilings, eliminating or reducing barriers, and wide doorways add functionality and take away a lot of daily hassle.
2. Big, Modern Kitchens
A recent kitchen remodel is often the single biggest selling factor for a fix and flip home. Plenty of space, new or refaced cabinets, good lighting, countertops, attractive backsplashes, and up-to-date appliances can do a lot to catch a buyer’s eye.
3. Updated Bathrooms
Modern bathrooms with less grout surfaces and bigger tile are lower-maintenance and grow less mold and mildew. New fixtures are a plus, since bathrooms are expensive to remodel and many buyers don’t want to bother with them. Can’t afford a total bathroom remodel? Don’t fret. Save money by going with neutral, usable decor.
4. Energy Efficient
Aim for energy efficiency in HVAC systems, appliances, and windows to add more selling power to a home or fix and flip. Modern kitchen appliances can win the efficiency game by 30% or more over their aging counterparts.
Big, walk-in closets and garage storage space add real wow-factor to a fix and flip. Beyond a recent kitchen remodel, having plenty of storage space is one of the single biggest features buyers want in a new home.
6. Outdoor Living Space
A patio or deck expands the fair-weather living space of a home, turning a backyard into an inviting place to entertain friends, enjoy a meal, or just relax. Give serious consideration to spending a little on an outdoor living space to add resale value to your fix and flip or home.
7. Air Circulation
This may seem like too small a feature to consider in a fix and flip or home remodel, but half of all respondents to a survey by the National Association of Home Buyers listed ceiling fans and bathroom exhaust fans among their top essential features. That makes it a great, cheap, must-have item for any property.
8. Neutral Decor
Appeal to the widest segment of the market by keeping the decor both neutral and accessible. Hardwood floors are a big seller. Neutral colors show off home furnishings and don’t wear out the aesthetic sense. Neutral decor appeals to any style or taste. Ultimately, that creates a higher chance your home or fix and flip will sell.
9. Laundry Room
It’s no fun to pile clean clothes in a guest bedroom or a nursery as they await the folding process. A dedicated laundry room not only isolates the washer/dryer from the living space. It also provides a comfortable space to spend time in while the no-fun work of cleaning clothes gets done.
10. Better Health
A home’s health attributes can be its biggest selling points. Does the town water or the private water well have excellent quality? If not, a whole-house filter and/or three-stage drinking water system is definitely worth a look. For forced air HVAC systems, adding a whole-house air purification system for a few hundred dollars can make a home a lot more salable. Healthy building materials are another point to keep in mind when doing a kitchen remodel or a whole-house renovation.