Home Buyers Top 10 Wish List - PowerPoint PPT Presentation

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Home Buyers Top 10 Wish List

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The kitchen in today’s home is the communal place where family gathers for socializing as well as eating. The best investment a seller can make is to update the kitchen. The cost of updating a kitchen for a buyer is often an expense they’d rather not deal with, as most want a home that is move-in ready – PowerPoint PPT presentation

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Title: Home Buyers Top 10 Wish List


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Home Buyers Top 10 Wish List
  • Kitchens and Baths Sell Homes
  • Modern, Updated Kitchen. The kitchen in todays
    home is the communal place where family gathers
    for socializing as well as eating. The best
    investment a seller can make is to update the
    kitchen. The cost of updating a kitchen for a
    buyer is often an expense theyd rather not deal
    with, as most want a home that is move-in ready.
    If they see a kitchen with too much work
    involved to update it, unless there is some other
    compelling reason why they are in love with the
    home, theyll usually move on.
  • The best recommendation for homeowners is to make
    updates and maintain and repair their home
    throughout the time they own it. Waiting until
    you decide to sell the home can mean a shock to
    your wallet when you have a lot of updating in
    front of you at once.
  • Similarly, deferred maintenance often leads to
    chronic problems that are more expensive to fix
    in the end.
  • Bathrooms. Buyers will look next at the number
    and age of the bathrooms. The cost of updating a
    bathroom is usually the 2nd most costly update,
    after the kitchen. A master bath that evokes a
    modern spa retreat is a coveted feature. Although
    you cant hide major imperfections in a
    bathroom, staging can do wonders in this area.
    Painting the bathroom in a serene color, adding
    plush towels and a stylish decorator soap
    dispenser set can change the entire feel of a
    bathroom. There are also some clever inexpensive
    ways you can update a bathroom, like painting
    the trim on a dated shower, or updating the
    lighting or fixtures.
  • Todays Home Expectations Have Changed
  • Number of bedrooms. I recently viewed a large
    (5000 square foot home) on 2 acres in an estate
    neighborhood. The home had only 3 bedrooms in a
    neighborhood where the comparable homes have 4
    or 5 bedrooms. Can you say Fatal Flaw? The
    original

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homeowners designed and built the home according
to their needs and wants, not thinking of the
resale. The home had been on the market for over
2 years. The only remedy is price in that
instance. Todays homeowners have higher
expectations than their parents or grandparents
did. Todays families require that every child
have their own bedroom, and sometimes their own
bathroom. If you have rooms that you have
repurposed for other uses, make sure you convert
them back to bedrooms before you put your home on
the market. Most of the time people are looking
for standard bedrooms, not special purpose rooms,
or bonus rooms like hobby or craft rooms. Those
are fine if they dont come at the cost of a
bedroom. 4. Accessible and dedicated laundry
space.
Laundry rooms used to be relegated to the
basement. In most modern homes the laundry space
has been brought upstairs to the bedroom levels
or to the first floor where people live.
Cabinets and counter space is a value-add for
managing clothes and cleaning products. An
organized laundry area that allows the homeowner
to control clutter will be a plus. A Home Buyers
Must Have Room for Stuff
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  • Storage. People have stuff. Stuff needs space.
    Most buyers tour a home looking at the overall
    storage possibilities.
  • If you dont have a huge amount of storage in
    your home, dont fret. Make sure you make the
    most of what you have. Pay attention to your
    storage spaces and rooms in your staging. Cull
    the closets to show as much room available as
    possible.
  • If your bedrooms are smallish, make sure you
    maximize the space. De-clutter and minimize
    furniture. This is just one reason why staging is
    important. It shows your home in the best
    possible way. Look at it this way, youre going
    to be moving soon anywaywhy not pack up a good
    amount of your stuff now?
  • An Organized Garage. One item that is a moving up
    the home buyers top 10 wish list is a functional
    garage. Todays families appreciate a space large
    enough to fit 2 vehicles and offer storage space
    for their many activities. Having an organized
    storage system in the garage is a big plus for a
    home seller.
  • Living Large
  • Outdoor Living Spaces.

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  • Homeowners want to have all the functionality in
    a smaller home, including the outside of the
    home.
  • Outdoor living space can be found in a deck or
    patio, or even in a side-yard. Creativity and
    some good old-fashioned labor can produce
    attractive outdoor spaces that add to the
    livability of any home. Add some inviting staging
    touches and you can add a lot of charm and
    appeal.
  • A Home Office has been growing in demand over the
    last decade as more people work from home either
    part-time or full-time. If a home doesnt have a
    dedicated office space, it really adds to the
    appeal just to carve out office space in a
    kitchen or family room.
  • Energy efficiency is high on todays buyers wish
    list. Buyers are more aware of and interested in
    green innovations, both for the environment and
    for their wallets. The top of the list of green
    features are energy-efficient appliances and
    high-efficiency insulation and windows. There
    are many ways to increase the energy efficiency
    of your home, from simple additions like a
    programmable thermostat, or replacing your
    lighting with energy saving LED lighting
    fixtures.
  • Upgraded Light Fixtures and Ceiling Fans.
    Sometimes the most obvious things can get
    overlooked. Lighting and ceiling fans are so easy
    to replace with modern, design- friendly
    fixtures, for a very reasonable cost. Even if you
    dont need to replace them, make sure you use
    the brightest bulbs possible. Lighting makes a
    huge difference and is one of those details that
    gives you the most bang for your buck.
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