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What Do Home Buyers (and Renter's) Look For

11/30/2015

 
As Real Estate Investors we are always keeping an eye what clients, home-buyers and renters, are looking for. The best ways to make a home appeal to today’s home buyers and renters is by knowing what they are looking for. Beyond location and price point these are the home features that home-buyers and renters find most desirable.
The Good…
  • Open Concept Floor Plans
  • Large Windows/Natural Light
  • Move-in Ready Homes
  • Upgraded Counters-tops, all materials
  • Updated Windows - energy efficiency
  • Large Master Bedroom Closets
  • Updated Lighting Fixtures
  • Wood Floors - hardwood and laminate
  • Dedicated Laundry room/Facilities
  • Available Parking- Particularly Off-Street
The Bad…
  • Popcorn Ceilings
  • Wall to Wall Carpet/Worn Carpet
  • Small Kitchens and Bathrooms
  • Minimal Natural Light
  • Above-ground Swimming Pools
  • Converted Garages
  • Low Ceilings on the Main Floor
  • Loud Location on a Busy Street
Notables
  • Energy Efficient Appliances are becoming more important to home-buyers. This is becoming a standard in new construction homes.
  • Granite Counter-tops, in particular,  are losing "wow" factor.
  • Two-Story home with a bedroom on the main floor is gaining popularity among home-buyers.
  • Giant Jetted Bathtubs are a big turn-off for most home-buyers.
  • Both buyers and renters dislike "old' wallpaper and yet wallpaper is very common in new construction as a buyer preference.
*Based on median home prices in Ada and Canyon Counties ($229,900 and $142,000)

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