I try to create articles that will last for a while in terms of relevance, but…
I just looked at a home online that has a unique, pagoda-style roof. It boasts a strikingly beautiful interior. The natural light shines down on a spacious living area, making the property look 3 times its actual size. Yet the place is not selling. The listing agent did a great job highlighting the unique features, to the point where I myself would buy it… I could film some great exercise or music videos there, but would I want to live there long term? That thought made me look up “unique features” to see exactly what appeals to buyers in the current market. Here’s a quick list.
- Energy-Efficient Upgrades: Energy-efficient features are highly sought after by homebuyers because of their long-term cost savings. They also have certain environmental benefits. Solar panels, energy-efficient windows, updated insulation, LED lighting, and high-efficiency appliances can add value to a home. A word of caution with solar, is that the returns are extremely long term. The cost of maintaining solar panels can exceed any immediate benefits by far.
- Smart Home Technology: Integration of smart home technology has become increasingly popular and can enhance the value of a property. Smart home features include home automation systems, security systems, programmable thermostats, smart lighting, video doorbells, and voice-controlled assistants. These technologies offer convenience, energy efficiency and improved security. They can also be customized.
- Outdoor Living Spaces: Well-designed and functional outdoor living spaces can increase a home’s value immensely. A deck, patio, a landscaped garden or outdoor kitchen will add to the property’s living space. Imagine the comments you’ll get during an open house. These are not expensive upgrades, especially if you’re looking to get
There are never any guarantees. Of course the pricing strategy has a lot to do with it. If the number of bedrooms and bathrooms isn’t going to change; if the square footage remains the same, there’s only so much you can do. Lowering the price of a home is not exactly the best form of advertisement either. There are ways around that. A small, strategic investment can go a long way towards making your property more appealing to a buyer.