When looking to buy a new house, there are certain things that prospective buyers are looking for. These include convenience, space, and smart home technology. This includes everything from thermostats to security. It also includes practical features like exterior lighting. This not only improves the curb appeal of a house but can be a safety feature, too.
Smart home security systems are also popular among home buyers. This includes features like a smart doorbell and security cameras. These systems can be installed easily and can add bonus points to a home. Some buyers will prefer to purchase a house with all these features. A paved patio area and grassy yard can also appeal to buyers. Also read https://www.housebuyernetwork.com/house-buyers-st-paul-minnesota/
Closet space is another important consideration for buyers. Walk-in closets in master bedrooms are among the most sought-after features in a new house. According to a recent consumer survey by Braun Research, 97% of realtors said that walk-in closets were more important than other storage spaces in a home.
A home office is also an important feature. While a home office used to be a luxury, now it’s essential for buyers. Additionally, they also want a gym or hobby room in their home. Finally, some buyers want a home theater or meditation room. These features will give the buyer a chance to unwind and relax in their home.
Kitchens and bathrooms are also important areas. Most buyers want to see new appliances and granite countertops. They also want plenty of storage space, hidden or pullout storage for utensils, and hardwood flooring. They also want to know if the home has Wi-Fi. They’ll also pay more for a house with an eat-in kitchen.
When it comes to the size of a home, buyers are looking for houses with at least 2,022 square feet of finished space. In fact, house size has increased in recent years, with 51% of new houses being larger than before and only 43% being the same size. Buyers want a home with large open spaces and smaller rooms that can be used for specific purposes.
House buyers of the millennial generation look for homes that are low maintenance. They want to spend their weekends relaxing in their home. For this reason, they look for properties with low maintenance vinyl siding and energy-efficient HVAC systems. Many millennials are concerned about the environment, so homes with these features will appeal to them. Also read https://www.housebuyernetwork.com/house-buyers-minneapolis-minnesota/
Backyards are another desirable feature for buyers. These are perfect for kids and dogs, as well as being a place to barbecue. Landscaping can also make a backyard more appealing. Kitchens are also important for many buyers. A large kitchen with an island will make entertaining easier, and buyers will appreciate a big space for cooking. Additionally, breakfast nooks and eat-in kitchens are also desirable.
While home price increases have slowed from the earlier part of the year, they are still on the rise. According to economists, prices are expected to be slightly lower next year. The number of homes on the market will continue to grow next year, and buyers will likely have more negotiating power.