March 17, 2021
Most In-Demand Features for Buyers
In a pandemic year, our homes have become our entire lives. With the majority of the world working and learning from home the use of space has posed a great challenge for many individuals. Although COVID cases are decreasing, the habits that we have formed throughout the pandemic are likely to stay for the foreseeable future. This includes relying on our homes for activities such as exercise, work, and entertainment. This lifestyle change has massively changed buyer behavior in the real estate realm. Many have noted that it is important to create/renovate your home to a potential buyer’s preferences and how they may live. This means incorporating home offices, home gyms, entertainment spaces, and kitchen upgrades. These changes are the easiest way to attract the majority of the market in the 2021 real estate landscape.
As highlighted above, according to Mansion Global, home offices, home gyms, entertainment spaces, and clean air are a top priority for current buyers. Home offices are an apparent winner in buyers’ must-haves. Many companies are still having their employees working from home for the foreseeable future or even indefinitely. Additionally, with continuing distance learning for children, many parents are looking for separate spaces so that they are better able to focus on their work. According to Mansion Global, there has been an increase in the search for homes with separate spaces away from the home. Whether this is separate structures on the property or converted spaces many buyers are looking to separate their professional and personal lives while remaining at home.
Home gyms are also a major priority for many individuals seeking properties. The appeal of an overcrowded gym is not high for many people and is likely to take time for public recreational spaces to become the norm. Thus, it can be extremely beneficial to stage an extra room or space to be an area for at-home exercise. This tactic can help buyers visualize themselves in this space and thus lead to a quicker sale of the home.
With the chance of contracting COVID much higher indoors, buyers have been looking for spaces to entertain friends and family outdoors. Additionally, many buyers find outdoor entertainment spaces attractive as it also gives space for their children to enjoy themselves.
There are a variety of small cosmetics changes that can be made to help make your home more appealing to potential buyers. One of the major avenues to accomplish this is through using thoughtful lighting. Homeowners are spending so much time in their homes that lighting can be crucial for keeping spirits high, as well as completing work-related activities. Building upon this, painting walls warmers tones is an excellent way to boost potential buyers’ moods regarding the home. The pandemic has been an extremely trying time for many people, and any way to show a positive and bright space is crucial to attracting potential buyers. Additionally, many buyers are concerned about their health and safety in a home. According to Mansion Global, an increasing number of individuals are asking about HVAC and air purification systems. Having these features may be a big selling point that in previous times was not as sought after.