In the overall plan to sell your home, whether it’s imminent or years away, some updates or improvements will increase the sale value of your home.
When planning these projects, it’s helpful to review some trending popular features. A 2013 National Realtors Association survey outlined what buyers are looking for when they purchase a house. The report is a bit dated but we see that much of it still holds true. Nationwide, 78% of home buyers purchased a home with a garage and 57% purchased homes with fireplaces. No explanation needed for us Northeasterners on those points! Updated kitchens were more important to buyers than specific types of countertops or appliances. Almost one half of buyers were looking for laundry rooms. 65% of home buyers were looking for air conditioning, a trend we’re seeing in our buyers as well.
Finally, good news in our land of lakes, the feature that had the highest dollar value was waterfront property.