Sept. 25, 2019
Whether you are attracting a repeat buyer or a first-time homebuyer, there are always features and accents in a home that will attract the majority of buyers. But today, many first-time homebuyers are looking for these five upgrades. If it's been a while since you've updated your home, before listing, consider making these five upgrades to really attract a wealth of homebuyers.
#1. A home office.
Many millennial's and first-time homebuyers are looking for that extra space in the house for an office space. Whether people work from home or not, having a dedicated office space in a house means there is a quiet place to check email, work on projects, or just keep files.
#2. Energy-saving appliances.
If your furnace, water heater, or any of your kitchen appliances date back to the stone age (ha ha) it's time to upgrade. Homebuyers and homeowners don't want to be spending a fortune each month on energy costs so finding appliances such as a tankless water heater, high-efficiency furnace or heat pump, and high-efficiency kitchen appliances will definitely draw in the majority of first-time buyers.
#3. Smart home technology.
This could mean a Nest thermostat, which is programmable and saves energy, a Ring doorbell or security system, security cameras or motion lights, and blinds, appliances, and HVAC systems that can be controlled from your smartphone. Other simple things such as GFCI outlets that include USB chargers are also popular.
#4. Open floor plan.
Open floor plans or the lack thereof are not deal breakers but having an open gathering space definitely appeals to many first-time buyers. Emphasize an area where homeowners can gather with their friends and family such as a large kitchen island rather than a wall separating the kitchen from the dining room or family room.
#5. Neutral colors.
This doesn't necessarily mean beiges, tans, and whites any longer. Soft grays, even blues can add a neutral appeal to just about any room. Keep things either cool or warm without going crazy with accent colors.
If you're planning on selling your home choose any one or all of these upgrades to appeal to a wide range of buyers, especially first-time buyers that have their heart set on a modern, or even brand-new home. Trust me, if you can compete with those new construction properties out there, you'll win them over with some established features such as mature landscaping or fenced yards.
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