Energy efficiency is becoming a main focus when purchasing or remodeling a home, but how sellers market these features could have a larger impact on attracting potential buyers than we might realize. Consumers prefer certain terms over others, such as "eco-friendly" instead of "green." These subtle key differences could decide how buyers view and value a home.
With home prices up and inventory lacking, homeowners are caught between selling their homes and being unable to afford the new ones they really want. For those who have considered selling, over half of them desire a larger home for their next property.
If you are thinking about selling your home, be aware of certain home improvement projects that won't increase your resale value. Instead of losing time and money, check out several remodeling projects to avoid if you are trying to make those investments back when you list.
Investing into certain environmentally friendly home improvements can net you a higher resale value down the line. Be aware that although eco-friendly features do influence potential home buyers, most still prioritize saving green rather than being green.
We cannot emphasize enough the importance of home staging when you prepare to sell your property. Around half of realtors representing buyers affirmed that home staging ultimately impacts most buyers’ final decision. Take a closer look below into why home staging influences buyers and the most essential rooms that should be staged.
Home staging greatly improves potential buyers' first impression of your property. As shown below, homes that are staged are more attractive and receive higher offers with more than half of buyers willing to increase their bid for these types of listings. For our clients, The Aaronson Group offers a free complimentary consultation and staging services in order to maximize your home's worth in today’s competitive real estate market.
Homes are getting smarter, and consumers of all age ranges see the worth in continuing this trend. About half of home buyers and sellers expressed distinct interest in home technology with Millennials ten times more likely to act on and implement these modern improvements.
Compared to other generations, baby boomers are staying in their homes longer. With more than half not planning on selling when they retire, over 3/4ths of them are pleased enough with their current homes that they do not want nor need to sell.
Besides sprucing up your home to attract potential home buyers, take care in protecting yourself and others when it comes time to show. Ranging from valuables to personal information to hazards, look into the best ways to safeguard people and the property.