Most homeowners are reluctant to make upgrades and renovations to their homes when it comes time to list their home for sale. They won’t be living there much longer so spending money on upgrades that don’t increase home values by astronomical amounts and ones that they won’t be able to enjoy for a long period of time tend to deter many individuals.
Instead, making small upgrades over a period of time is much more beneficial. You’re able to enjoy the upgrades and renovations longer while also capturing the attention of potential buyers.
To make the most of your budget, consider these popular features home buyers look for.
Hardwood flooring continues to be the flooring of choice for most homeowners. It’s durable, easier to maintain, and gives any space a cleaner look. Hardwood flooring can also be refinished several times to help it last for decades to come.
Open Floor Plans
Open floor plans improve the functionality of multiple rooms. Having a free-flowing space allows for easier entertaining, increased natural light, and for families with small children, it’s easier to keep an eye on them while getting things done around the house.
Granite Countertops & Stainless Steel Appliances
Kitchen renovations tend to be the most expensive and tedious to undertake, making them a project most new homeowners don’t want to worry about. The good news is that if you’re selling your home and have an updated kitchen complete with granite countertops and stainless steel appliances, potential buyers are more likely to put in higher offers.
Energy Efficient Appliances and Windows
One area homeowners try to limit costs is utility bills. By incorporating energy-efficient appliances and windows into your home, potential buyers will be pleased that the home already has these features in it and are will be more likely to set up a time to view it.
Millennial buyers rely heavily on technology and with good reason – it makes day-to-day living much easier. By incorporating smart technology into your home like assistants such as Amazon’s Alexa, Apple’s Siri, or Google’s Assistant, homeowners are able to ask these assistants questions, turn appliances on and off, and even adjust the temperature.
There are also several smart thermostats now available for purchase, such as the Ecobee and Nest. Both can be adjusted from your mobile device and have several settings to fit your lifestyle.
It can be challenging to even get buyers in the door if your home doesn’t have enough curb appeal. The first photo buyers look at when shopping for homes should be of a well taken care of home that is inviting. Simple things like ensuring the lawn is in tip-top shape, adding a wreath to the door, and planting some flowers can make all the difference. A fresh coat of paint on the front door can’t hurt either!
Don’t forget to check to see if you need a permit to make any serious renovations to your home!