As we all know, buying a house is one of the biggest investments most people make in their lifetimes. It’s an exciting time, but it can also be daunting, especially when considering the endless options out there. With so many factors to consider, it’s vital to prioritize your needs and make sure you get the home of your dreams. But what do most home buyers look for in a property? What are the essential features and amenities that can make or break a sale? In this blog post, we’ll explore the most critical factors home buyers seek when searching for their perfect home, so read on to discover what you should be looking for too!
1. Drought-resistant landscaping
Home buyers are increasingly seeking out homes with drought-resistant landscaping. This trend has emerged due to concerns about sustainability and low-maintenance homes, particularly in drought-prone regions. Homes with drought-resistant landscaping are selling faster than expected, up to nine days faster, and for higher prices. Mention of drought-resistant landscaping in listing descriptions on Zillow has increased by 146% compared to a year ago, while mentions of turf yards have gone up by 70%. In fact, homes with turf yards in their listing description can sell 1.1% higher and eight days faster than similar homes. This feature is also in high demand due to the recent drought years in the United States. Today’s home buyers seek out sustainable options that prioritize environmental preservation, making drought-resistant landscaping a valuable selling feature in homes. [1][2]
2. EV charging stations
Homeers today prioritize homes that are future-proofed and equipped with essential features. With the growing use of electric vehicles, home buyers are now looking for homes that are equipped with EV charging stations. Installing an L2 charger or Level 2 charger at your home could increase its value by approximately 13% when you sell it. This investment is worth it because it future-proofs your home and provides a piece of hardware that makes your EV ownership experience much more pleasant. The installation of L2 chargers also provides faster charging times compared to Level 1 chargers, which is essential for cars that require robust charging every night. As the shift towards electric vehicles continues, younger buyers will expect EV charging infrastructure as part of any home they purchase. Investing in an EV charging station not only provides a valuable feature for potential buyers but also aligns with a sustainable and environmentally conscious lifestyle. [3][4]
3. Quality finishes
When it comes to what home buyers are looking for, quality finishes are definitely at the top of the list. Buyers want finishes that are durable and of high-quality, as they want assurance that they won’t have to replace them anytime soon. This includes finishes such as flooring, countertops, and cabinetry. Granite and quartz countertops are particularly popular, as are hardwood and tile flooring. Buyers are also interested in finishes that have a modern and updated feel, such as cabinets with sleek hardware and modern fixtures. While quality finishes may come at a higher price point, they are definitely worth the investment as they typically add significant value to a home. Nowadays, people are willing to spend more on homes with higher quality finishes in sought-after neighborhoods, so it pays to invest in these types of improvements. By focusing on quality finishes, sellers can make their homes more appealing to buyers and increase their chances of a successful sale. [5][6]
4. Updated areas of the home
When it comes to home buying, updated areas of the home can make a significant difference. Prospective buyers are seeking homes with modern and updated features. According to recent data, buyers want a laundry room on the first floor of the house with plenty of storage space, shelving, and cabinets. Additionally, exterior lighting is a major draw, providing both security and added curb appeal. Ceiling fans are another popular feature, generating better airflow and energy savings, while high-quality ENERGY STAR windows are highly sought after for their energy efficiency. Buyers also look for updated bathrooms, kitchens, and flooring. Updated kitchens with new appliances and granite countertops increase a home’s value, while updated bathrooms feature heated floors, showers with rain heads, and luxurious tubs. Finally, newly installed vinyl or hardwood flooring can help sell a home faster. Overall, updated areas of a home are becoming increasingly important to buyers, making investing in upgrades worthwhile. [7][8]
5. Laundry room
According a recent report by the Pennsylvania Association of Realtors, 83% of first-time homebuyers consider a laundry room to be an essential or desirable feature. While this may seem like a small detail, it’s indicative of a larger trend, as first-time buyers are increasingly looking for properties that cater to their practical needs. In addition to a laundry room, other popular features include ceiling fans, exterior lighting, double kitchen sinks, hardwood flooring, and walk-in pantries. Meanwhile, first-time buyers are less likely to prioritize green products and energy-efficient appliances, instead focusing on water filtration, security cameras, and kitchen table space. Additionally, many buyers are clear on what they don’t want, with elevators and golf course communities among the least popular options. Ultimately, it’s these small details that can make all the difference in attracting first-time buyers, as they prioritize functionality and comfort over luxury amenities. [9][10]
6. Motion-sensor lights
Motion-sensor lights are becoming increasingly popular among homeowners for their ability to provide security and save on electricity bills. When selecting motion-sensor lights, it’s vital to take into consideration the size of your yard and the areas you want to illuminate. Light range, placement, and reactivity are also crucial factors to ensure that there aren’t any blind spots and that the lights operate as expected in emergencies. It’s essential to find a balance between functionality and pricing, but homeowners should also consider weather conditions and energy efficiency. Amazon’s Best Motion Detector Lights of 2023 include the LeonLite LED Security Lights, which offer adjustable security lighting and save up to 86.7% on outdoor lighting electricity bills, the Maxsa Motion-Activated Security Outdoor Spotlight, which uses a solar panel for power and is ideal for sheds, decks, garages, and walkways, the Mr. Beams Wireless Outdoor Spotlight as a budget pick and the Baxia Technology Solar Motion Sensor Lights, which are ideal for path lights. [11][12]
7. Ceiling fans
Ceiling fans may not always be at the forefront of homebuyers’ minds, but they are in high demand. In fact, according to research, 83% of buyers want ceiling fans in their homes. Not only are ceiling fans affordable and easy to install, but they can also significantly improve the perceived value of a home. It’s important to note that when shopping for a fan, one needs to consider the size and style that best suits the room. Fans are sized based on the length of their blades, which range between 29 to 54 inches for residential fans. The pitch of the blades is also crucial in the cooling process. The steeper the blade pitch, the more effectively the fan will move the air. Additionally, fans can also help cut energy costs by conserving power without compromising on comfort. By investing in a reversible fan, homeowners can reap year-long benefits. [13][14]
8. Sustainable homes
As sustainability becomes a growing concern, homebuyers are increasingly on the lookout for properties that are environmentally friendly and energy-efficient. In fact, according to a realestate.com.au data analyst, an energy-efficient rating can significantly influence the value of a property and encourage homeowners to make energy-efficient improvements. So, what are some sustainable features that buyers seek? Passive house designs that minimize heating and cooling needs, solar panels, energy-efficient appliances, water-efficient toilets, greywater recycling systems, LED lighting, rainwater harvesting systems, and proper insulation are all key features that can make a property more sustainable. In fact, homes with double glazed windows often sell for higher prices in Australia as they are perceived as more comfortable and cost less to heat and cool. Choosing a sustainable home not only benefits the environment but can also save you money on energy bills in the long run. [15][16]
9. Low-maintenance yards
Home are increasingly seeking low-maintenance yards, according to data from various sources. In the past, homeowners have prioritized lush lawns and intricate landscapes, but with busy schedules and rising water costs, low-maintenance outdoor spaces are gaining more appeal. This trend includes features such as drought-resistant plants, artificial turf, hardscaping, and simple, streamlined designs. Not only does a low-maintenance yard save time and money, but it also aligns with eco-friendly values. Additionally, a low-maintenance yard can increase the overall value of the property by reducing the need for upkeep and potential landscape repair costs. Creating an outdoor space that requires less maintenance also means more time for enjoying it. Homeowners can spend their time relaxing in their yard rather than constantly tending to it. With this trend continuing to grow in popularity, it’s clear that home buyers are prioritizing convenience and sustainability when it comes to their outdoor spaces. [17][18]
10. Outdoor living spaces
Outdoor living spaces have become a main priority for many homeowners, according to recent research. As we spend more time inside our homes, we crave comfortable and usable outdoor living spaces. The top 5 outdoor living trends to attract buyers include outdoor kitchens, privacy features, low-maintenance gardens, creative spaces, and water features. Homebuyers also appreciate appealing dining areas, wood decks, fire features, and decorative lighting. Real estate professionals agree that outdoor living spaces are the most attractive feature to buyers. With the additional space, homeowners can maximize their backyard use while also adding value to their property. It is essential to differentiate outdoor living spaces to create an irresistible ambiance, using landscaping and outdoor furniture to delineate between different areas. It’s important to remember that a little investment in outdoor living spaces can lead to a big payoff when it comes time to sell. [19][20]