With the housing market on the rise, home buyers are always looking for a perfect home, but what exactly do they want? There are many features that go into the decision of what makes a house “the one.” One of the huge draws is a good neighbourhood. Having schools, parks and amenities nearby can make for a great location for a new home.
As a seller or property owner, you need to know what features home buyers look for when looking at your property! Here are 10 features that home buyers look for when hunting for their new dream house.
10 Important Features Home Buyers Look For:
- Location of the House
- Size of the house
- Condition of the property
- Number of bedrooms
- Updated Kitchen and bathrooms
- Laundry Rooms
- Energy-efficient appliances and windows
- Exterior Lighting
- Garage storage space
- Purchase Price
Location of the House
Location is everything when it comes to buying a home. Home buyers want to find a location that allows easy access to the places they frequent the most (work, school, shopping, recreation, friends and family, and other activities). If you have public transportation options available both within walking distance of your home, that’s also a bonus. It might be a good idea to determine how much money would be saved based on gas prices, insurance rates etc if living in certain areas with commute times being considered since this can add up over time!
Size of the House
The size of the house is an important consideration when buying a home. It’s not just how much space you need now but what you may need in the near future for an expanding family. Whether you’re buying a new place or selling an existing one, knowing what buyers are looking for can go a long way toward making the process less stressful.
Condition of the Property
The condition of the property is an important factor to consider when making an offer. You’ll want to know if there are any major repairs that need to be done, or if the property is in a state of disrepair. If there are any damages to the property, they need to be fixed immediately. However, with some TLC this could be a great opportunity for an investor looking for a fixer-upper project!
Number of Bedrooms
When looking for a new home, one of the most important factors to consider is the number of bedrooms you need. Most people will want at least 2 bedrooms, and if they have children the number increases. Plus, you’ll want extra rooms for guests when they come to visit.
An extra bedroom often doubles as an office, den or kid’s playroom. Many hobbies or activities can require extra room for storage or working space, and an extra bedroom serves this purpose as well.
Updated Kitchen & Bathroom
What do new home buyers want? An updated kitchen & bathroom. These are the most important rooms inside the house. They’re where you cook food and get clean, so they should be comfortable and functional spaces. Kitchen & bathroom renovations can be expensive but there are ways to keep costs down, such as choosing lower-cost materials, or doing some DIY upgrades. Small but effective renovations can add value to your home too! It is important to make sure that these areas are up to date and in good condition.
Another feature buyers are looking for in a home is a laundry room. Not only is it great to keep dirty laundry hidden, a laundry room can also be used for storage. Who doesn’t need more storage in their life? It offers homeowners the convenience of being able to do their own washing and dry cleaning at their desired time without having to leave laundry around the house.
Energy-efficient Appliances and Windows
Homeowners are looking for ways to save money, reduce stress and contribute less to environmental issues each day. One of the main ways homeowners can save money on their monthly energy bills is having energy-efficient appliances and windows.
There are many things you can do to make your home more energy-efficient, such as adding insulation, installing energy-efficient appliances, and making sure your windows are properly sealed. Additionally, these homes tend to be more comfortable and durable, which can add value to a home when it comes time to sell.
When it comes to exterior lighting, there are a few things to consider. First, what is the purpose of the lighting? Is it for security lighting? Decorative lighting? Pathway lighting? A good rule of thumb is to have as much light as possible without blinding people or vehicles that could pass by.
Another thing to consider is where the light should be placed. You don’t want your lighting to be too bright because the point is not to cause a glare but rather provide visibility and safety for those who need it most. At the same time, if there isn’t enough light then it will become vulnerable and exposed in our own homes which defeats the purpose entirely.
Garage and Storage Space
Garage and storage space are two things that many homeowners look for especially when they want to buy a new house. Having an extra garage or storage space is a great place to store your car, as well as lawn equipment, bicycles and other items.
Another thing to consider is the type of storage unit or garage you want. There are many different options on the market, from simple sheds to more complex units with electrical wiring and insulation, or even DIY installed shelves and workbenches. Regardless of the cost, efforts will go along the way in attracting homebuyers.
Buying a home is a big decision and a huge investment. Before even looking to purchase a new home, one of the most important factors you consider is the price range and getting pre-approved for a loan.
It is important to remember that your purchase price isn’t the only factor that impacts your monthly payments or upfront costs. Talk to a mortgage broker to find the best loan for you, and be sure to factor in all of your closing costs.
There are a number of homeowners who have decided to go wireless when it comes to internet connectivity. Homeowners who have a wireless connected home have a higher level of satisfaction with their homeownership experience.
Homeowners are likely to feel secure and easily connect with their family and friends, their community, as well as access important information like weather forecasts and traffic updates, while also enjoying the benefits of convenience and efficiency.
When it comes to homebuyers or house hunters, it is important to know about what features they want in a new property before they start looking. This will save them time, money, frustration, and help them find the right place for their family. But, what features are most important? Some top qualities that a buyer looks for in a new place is — safety, affordability, quality amenities nearby.
If you are still unsure of how to go about this process or where to begin your search for homes, the Ingram Mortgage Team would love to tell more about our services or answer any questions.