5 Things Buyers Look for In a New Home
There are major components of a home that are important to potential buyers. These having these upgraded items, or not having them, could influence the buyer’s decision. Realtors might refer to these items as ‘big ticket items’ when showing them to buyers. Here are the top things buyers look for in a new home:
The kitchen is typically the first room a home buyer will investigate if interested in your house. The kitchen is the heart of the home. It’s where you prepare meals, eat and spend time together as a family and entertain. Because it’s such an important room, having a great kitchen can improve your home’s marketability and resale value. If your kitchen needs a lot of work, it might turn off potential buyers. Explore these budget kitchen renovation ideas.
The condition of your roof is noticeable from the street and from your online property listings. A peeling, deteriorating roof will diminish curb appeal and turn off buyers. It can give them the impression that keeping up on home maintenance hasn’t been a priority and that other parts of the home haven’t been maintained either. It could also indicate that the home hasn’t been protected by the elements and that there could be water damage lurking in the attic. Also, it will mean that the buyer will have to pay for a roof replacement as soon as they move in and that is not an attractive prospect.
Updated furnace and hot water tank.
When showing you a property, any experienced realtor will make sure you look in the utility room. They are looking for an updated high efficiency furnace and to see how old the hot water tank is. Not only will an old inefficient furnace mean that it will cost more to heat the home, it will also mean that that the buyer will have to fork out for a new furnace sooner than later if they buy the place. If the hot water tank is older than 10 years, it means they will have to replace that too.
New Windows and Doors
New, energy efficient windows and doors are a huge sale point for buyers. Not only does it mean that they are purchasing a home that will be less expensive to heat and cool, it also means they won’t have to worry about having to replace the windows themselves. A window replacement can be costly, but it can recoup much of the cost of installation at resale and make up for the rest through energy savings. Having RenovationFind Certified window companies in Calgary install new windows in your home can also boost curb appeal, which can attract more buyers to view your property. Read more articles about windows.
Having a finished basement can nearly double a home’s functional living space. For some buyers, this is on their must-have list. Just like some of these other major home renovations, it means one less thing they will have to do to the home upon purchase. If a buyer is comparing two homes in a similar market and one doesn’t have a finished basement, they are likely to choose the one that does.