Wednesday, October 23, 2019 / by Pamela Glende
Today’s buyers are looking for homes that are energy efficient. Homes that save energy and will save them in money financially. Energy efficient appliances are important. Today’s first time home owners are finding it tough to come up with the down payment and a monthly mortgage payment let alone funds to cover the costs of maintaining the home they just bought. They prefer homes that are move in ready and will require little to no maintenance.
Updated kitchens and bathrooms are top on their list. Millennials and first time home buyers put this at the top of the home search priorities. If your budget warrants it you should do some updates in these areas of your home, I suggest making the changes. It will bring value to your home. Also, it will help you to sell it. Be careful not overdue it though. You don’t want to put so much into your home that you exceed the average value in your neighborhood. There is a fine balance. Even small changes and updates help your home to stand out from others.
Open floor plans
Open floor plans are now highly desirable. They tend to look at homes and ask can this wall be removed. They like the living room, kitchen and dining room to open with easy eyesight to each area. First time home buyers like home that flow with functionality and less confining spaces. Sellers should consider their spaces and see if knocking out a wall or two would be worthwhile and is it in their budget. Would it be cost effective? Proper renovations can add value to a property not to mention appeal. People of all generations have come to like open space living areas.
They like wireless connectivity. No other generation is more aware of what today’s technology is capable of. Millennials rate internet capability, high speed internet and strong cell phone service as something that’s a “must have” in a home. This is no longer a luxury but a necessity.