Home Features Buyers Want Most

These days, home improvement ideas are everywhere—magazines, Pinterest boards, TV shows, and even entire networks are dedicated to upgrading and designing the perfect home. When preparing to sell, it can be overwhelming to navigate these endless options. So, what do buyers really want?

Keep in mind that most remodeling efforts only increase home values by 50% to 80% of the average project’s costs, according to Remodeling magazine’s 2020 Cost vs. Value report. To get the most bang for your buck, sellers should focus on features that homebuyers most want to see. While this is not a complete list, here are the items topping most homebuyers’ wishlists.

Energy Efficiency

First-time homebuyers are particularly drawn to energy-efficient features that will reduce utility bills. These savings can vary depending on how many energy-efficient appliances a home has. For instance, Energy Star-rated windows can reduce heating and cooling costs by 12%, and Energy Star-certified washing machines can adjust water usage based on the laundry’s soil level.

Hardwood Floors

Hardwood floors are more than just a vanity feature—they’re durable, long-lasting, and versatile enough to complement any room layout. According to recent surveys, 83% of homebuyers desire hardwood floors. If you have carpet and don’t want to break the bank upgrading, consider lower-cost alternatives like bamboo, vinyl, or cork.

Modern Kitchens

Kitchen upgrades can bring the most return for a seller. Homebuyers highly value features like new appliances, granite countertops, and ample storage. According to Clayton Homes, buyers are willing to pay up to 40% more for an eat-in kitchen.

Laundry Rooms

A dedicated laundry room is now seen as essential, with over 90% of homebuyers considering it a must-have. The easiest place to add a laundry room is usually the basement, and this upgrade can cost as little as $1,000. However, most buyers prefer a laundry room on the main floor.

Outdoor Spaces

A desirable outdoor area is one of a homebuyer’s most coveted features. Adding or upgrading a patio can increase your home’s value and provide a return on investment of 66% to 102%. Outdoor spaces are more important than ever, offering a place to relax and entertain.

Ready to find a home that meets your search criteria? Find a Realtor® to help you find your next home.

Sources

Remodeling Magazine

Energy Star

National Association of Realtors (NAR)