The best time of the year to sell your home is approaching. With buyer demand nearing its highest level since May last year, it may be gearing up for a busy spring housing market.
But that doesn’t mean that sellers shouldn’t furnish their homes to appeal to buyers.
new research Today’s market-affordable buyers are willing to pay more for luxury features and personalized spaces, selling up to $17,400 for a typical U.S. home, according to real estate listing site Zillow. It turns out that it can add a selling value of .
what buyers want
While mortgage rates fluctuate between 6% and 7%, customs are king when it comes to buyers who can pay in cash or take out a loan. Zillow says unusual features like a backyard putting green may not appeal to all buyers, but upgrades to personalize a home often cost more.
According to Zillow, buyers just want to have fun.
Post-pandemic buyers appreciate elements of retreat space, making features such as pizza ovens and saltwater pools more appealing. However, women’s homes are on the market an average of two days longer than homes that aren’t, but sell 2.5% more than expected. Sellers pocket a sale premium of 1.2% for listings featuring wine cellars. You can also put it in
A unique and trendy material that makes a statement can also make your listing stand out.
On the other hand, outdated elements can be a deterrent for many buyers in the current market. For example, tile countertops and laminate floors and countertops reduce home values by 1.1% and 0.6% respectively. There is a possibility.
10 features that increase home value
According to Zillow research, these features can help you sell your home up to 5.3% more.
- steam oven
- pizza oven
- professional appliances
- terrazzo
- she hut
- soap stone
- quartz
- modern farmhouse
- Hurricane Shutter/Storm Shutter
- midcentury elements
10 features that can sell your home faster
Practicalities like open shelving and easy adjustments help homes sell up to 5.1 days faster, Per Zillow.
- doorbell camera
- soap stone
- open shelf
- heat pump
- Fenced (back) yard
- midcentury elements
- Hardwood
- Ease of walking
- shiplap
- gas furnace
Takeaway
Adding certain trendy features to your home can help you sell faster and more.
However, Zillow cautions that putting up flashy highlights just to sell a home doesn’t automatically result in a huge payout for the seller. In other words, highlight cool, modern features if they’re on your list, and practical, low-cost upgrades where possible.
Details from money:
It’s now cheaper to rent than to buy a home in most parts of the US
Top 10 cities to buy homes for the first time in 2023
How low mortgage rates could fall in 2023, according to one expert
