What Do Home Buyers Look For?
There are hundreds of factors that home buyers look for when choosing a home. These can include the size of the lot, school district, and interior features. While most buyers are content to settle for a home that meets most of their requirements, some buyers are willing to pay thousands of dollars more for specific features. For example, 60% of home buyers would pay more for a home with central air conditioning, new kitchen appliances, or a walk-in closet in the master bedroom.
Storage space is the second-most important factor for homebuyers. Nearly 80% of buyers consider storage space to be essential. In addition, a two-car garage is a must-have feature for a buyer. 80% of buyers also consider garage space when making their decision. Buying a home with a garage is also a smart investment, as it will increase its value in the long run. Also read https://www.dignityproperties.com/
A dedicated laundry room is another feature that home buyers seek. Buyers prefer to have this space located on the first floor, and they also want it to be easily accessible from the main living area. Another feature that home buyers look for is exterior lighting. While it may not seem like a crucial feature to some, this investment will add a massive amount of value and curb appeal to your home.
Home buyers are more practical than you might think. They want a home with a garage and a master bedroom with its own en suite. Another feature they look for is a backyard that offers privacy. With the recent pandemic, privacy has become more important to homebuyers. If you are selling your house, consider all of these factors.
While looking for a home, make sure you take a thorough walkaround the neighborhood. You can also do a drive-by during the day and at night. It’s important to take a good look at the neighborhood’s safety and cleanliness. When walking around the neighborhood, try to see if the neighborhood is safe for kids or pets.
For millennials, the most important features to look for in a home are a place where they can enjoy a peaceful life. Millennials are also looking for a home with laundry rooms and ample storage space. Other features to look for in a home include location and neighborhood amenities. If a home is in a strong neighborhood, millennials are more likely to purchase it.
First-time homebuyer programs can make buying a house more affordable. Some lenders offer slightly discounted mortgage rates and state and local governments have down-payment assistance programs that can help buyers. However, these programs require that you have a credit history and the ability to pay for closing costs. If you are unable to make a down-payment, it’s important to look for programs that offer low or no-down-payment assistance.