With changes in lifestyle and technological advancements, homebuyers are looking for modern features in a home that offer ultimate comfort for a happy living. The changing expectations of potential home buyers have pushed home sellers to make some serious upgrades. Remember that buyers are willing to pay top dollar for homes with high-quality finishes. Wondering what are the features that home buyers look for? The following guide will take you through the most sought-after features in a home.
1. A Dedicated Laundry Room
No one wants to put away their dirty clothes in an open space. Nearly 86% of homebuyers prefer having a dedicated laundry room to hide their dirty clothes and stack the clean ones. Installing a laundry room will cost you anywhere from $1500 to $15,000 depending on the space and requirements. Utility sink, custom cabinetry, countertops, and a folding table are some of the important features that a laundry room must have.
2. Energy Efficient Windows
The modern home buyers are looking for energy-efficient homes to save on utility bills. Energy-efficient windows are popular phenomenon that come with gas injected panes to increase insulation. These windows will help you save on HVAC costs, increase comfort, and reduce carbon footprint. On average, you may have to shell out $450 to $2300 for a single window.
3. Energy-Efficient Ceiling Fans
Ceiling fans are cost-effective options during warmer months. They can be used instead of air-conditioning systems. As a homeowner, you may need to spend at least $185 to $4600 for a single fan.
4. Garage Storage Space
Home buyers with more family members will require a lot of storage space. Most buyers expect a good storage space in garage to keep the clutter out of sight. Garage storage space installation can cost you anywhere from $600 to $2,600. However, this can vary depending on the space, budget, and requirements.
5. Hardwood Floors
Although this is not mandatory in all rooms, most buyers expect the main hall to have hardwood floor. The reasons are – hardwood flooring is less allergenic, easy-to-maintain, looks natural, and lasts more than 10 years. On average, you may have to spend nearly $6 to $25 per square foot for laying hardwood floors.
6. Energy Efficient Appliances
Energy-efficient appliance add so much value to your home because of their saving potential. It helps the homeowner to save on utility and electricity bills. In the long run, it can be a worthwhile investment. The cost of energy-efficient varies depending on the requirements and budget.
7. Landscaping
A front yard with trees and plants in a good neighborhood can significantly increase the value of your home. This is what attracts the buyers and let them proceed to the next step. On average, a typical landscaping project can cost you anywhere between $1300 to $6000.
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