Are you considering renovations and have concerns about re-sale value? Here are the home features buyers rated as most important…
Based on the National Association of Realtors (NAR) survey of 2,005 buyers who purchased homes between 2010 and 2012, the top 4 features out of 33 total choices in the survey are as follows:
#1: Central air conditioning
#2: Walk-in closet in the master bedroom
#3: Tie between: a home that is cable and/or Internet ready, and an en-suite master bathroom
#4: Eat-in kitchen
These results are important for you to consider when thinking about the re-sale value of your home. In addition, the following information gathered from the survey shows a pattern of buyer behavior that I suggest you also pay close attention to:
- A typical home purchased in the northeast was 1,850 square feet. This shows that medium-sized 3 bedroom, 2 bath homes are what typical buyers are looking for.
- 78 percent of all buyers purchased a home with a garage. I highly recommend that sellers clear out their garage, if possible, before putting their property on the market.
- Buyers in the Northeast rated dining rooms and hardwood floors high on their list when considering new homes. I invite my clients to work with home stagers who can help create inviting spaces that highlight their home’s best features, such as hardwood floors.
Click here for the link to the entire article from NAR. Feel free to call me at 914-234-4444 or email me at firstname.lastname@example.org, if you have questions about the ways in which you can maximize the re-sale value of your home.