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There’s no doubt 2021 is a great time to sell, but — even with a prevalent seller’s market on your side — home improvement projects are always a good idea prior to sale — that way you’ll sell for the most favorable price. Though, you don’t want to spend money on the wrong areas and not receive a decent return on investment.
Take a look at what amenities some of the top real estate agents believe will attract the most homebuyers’ attention!
Amenities That Homebuyers Are Looking For
Interior Amenities Homeowners Are Looking For
As the world adjusts to new world norms thanks to the COVID-19 pandemic, it comes as no surprise that people are spending a lot of time at home, so you’ll want to focus a lot of your renovation projects on your interior.
A few of the top amenities buyers want to see in your home include smart features, hardwood floors, and updated bathrooms. In addition, you’ll garner more buyer attention with neutral paint throughout your home instead of bright, fluorescent colors.
A large portion of your attention, however, should be focused on the kitchen. Kitchen renovations generally have a very high return on investment when it comes time to sell. Adding stainless steel appliances will definitely pay off in the long run, while homebuyers are doubly interested in plenty of storage and counter space in their kitchens this coming year.
Outdoor Amenities Homeowners Are Looking For
Now more than ever — outdoor spaces are very important for potential buyers. Since much of the nation has to abide by certain stay-at-home orders, people need a private space to enjoy the outdoors.
According to HomeLight’s Survey, 77% of real estate agents believe a fire pit is the top outdoor upgrade buyers want to see this year, followed by privacy hedges or fences, outdoor kitchens, and sun shades.
In addition, it’s always a good idea to spruce up your curb appeal in order to give buyers a great first impression.
Stick To The Basics
While luxurious amenities are always sought after by buyers, always remember to think simpy. For instance, your roof may not catch many eyes at the beginning, but a roof replacement will see an average of 94% of its costs recouped. Not to mention, roof replacements usually last up to 100 years, so a recent roof upgrade will certainly draw buyer attention.
Likewise, low energy costs are expected to be a huge draw for buyers. When it comes time to purchase a home, buyers are willing to spend an additional $8,728 upfront to save $1,000 a year on utility bills. In fact, energy efficiency is possibly the top factor homeowners should consider in their renovations.
If you’re thinking of selling soon, it’s never too early to consult a top real estate agent for renovation tips!