More buyers are entering the market after putting their plans on hold for up to two years. First-time buyers and those looking to upgrade their homes are keeping the prices of houses, condos and apartments buoyant, not just nationally but also in our neighborhoods.
If you're thinking of selling your home, then this may be a great opportunity to maximize the possible sale price.
As an experienced Realtor in Northern Colorado, I know there's more to selling a home than just erecting a For Sale sign at your fence line. If you want to get the best possible price, then you may need to carry out some improvements to attract the current crop of buyers.
Knowing what buyers value is essential to getting a return on investment from your property upgrades. If you can help prospective buyers picture themselves in your property, you've won half the battle. So, here are five great home improvement ideas that are in demand right now.
Upgrading your outdoor space will enhance the appeal of your property. Buyers will love the idea of being able to invite friends over for a barbecue. Even minor improvements can make a world of difference.
Notice that I didn't say home office! The reality for a lot of families is that they want space that can double as a home office or even as a classroom, so the kids can get their school work done. Adding this function to your home is a winner with young families and professional couples.
While open-plan living continues to be very popular and maximizes the use of floor space, many buyers want to couple this design with quiet spaces. Trying to read or work from home with the TV at full blast is distracting and difficult.
Fit for purpose
The pandemic has made a number of folks nervous about going to gyms. This has made home gyms an appealing feature. Don't sacrifice a bedroom, but perhaps integrate it with improvements to your outdoor entertainment area.
The room everyone forgets
The humble laundry has star-power. New appliances would be awesome if you had the budget. But if you're reluctant to spend that much, even new doors on the existing cupboards would be a nice touch.