What features are buyers looking for when shopping for a home? What areas of the home will be the focus of remodeling for resale? Knowing what items are on home buyers wish lists will help you offer advice to clients on which home investments will draw in buyers and equate to a return on investment. Check out our findings!
In recent years quartz has been edging out granite and marble due to its beauty and durability. Quartz countertops are extremely resilient and resistant to stains, scratches, heat, and general wear and tear. This practically indestructible countertop may cost more than its counterparts, but home buyers are willing to pay.
No shock here that hardwood floors continue to dominate carpet in popularity. Home buyers are looking for open concept floors plans that are united by the continuity of hardwood floors across the kitchen, dining, and living spaces.
White kitchens are arguably the biggest kitchen design trend of recent years, and white cabinets have stood the test of time. While some homeowners are steering toward more interesting two-toned cabinet combinations, white cabinets are a popular aesthetic that appeals to those who are looking to purchase a home.
A subway tile backsplash is the epitome of timeless design. So very versatile, from rustic farmhouse to elegant glam, a subway tile backsplash complements nearly every style of kitchen. Home buyers are prioritizing transitional elements such as subway tile that lends itself to a variety of design styles.
Updated Smart Home Features
From security systems to network connected thermostats that reduce energy waste, homebuyers are looking for smart features to automate every area of the home. Home buyers are prioritizing move-in ready homes more than ever and are willing to pay more for smart home features. New appliances are also a top priority, particularly for millennials.
Cool Blue Color Schemes
Certain paint color schemes increase home values. While white and gray are still popular hues, making them safe color choices, home buyers have begun to gravitate toward blues. According to Time, “Homes with dining rooms in slate blue, blue-gray and even navy blue, when paired with distressed white “shiplap” finishes, sold for an average of nearly $2,000 more. Soft blues and blue-gray tones in the kitchen are associated with an increase in a home’s value of around $1,800.”
Taking the time to educate yourself on what trends are currently swaying homebuyers will enable you to help your clients make smart decisions on where to put their home building or renovation dollars for the best return.