Homebuying trends change over the years. If you’re thinking of selling your property, you want to find out what features make a property attractive to buyers in this current market. You don’t want to overcapitalise, spending money on additional features that don’t add value.
Improving the resale value of your home these days could mean investing in garage doors Melbourne homeowners are installing when renovating their properties. Or, it could be as simple as adding exterior lighting for security at nighttime.
Knowing what features homebuyers are looking for will give you the edge when you decide to put your house up for sale. So, here’s how to upgrade like a pro.
4 Features Homebuyers Are Looking for in a Property
1. Security Features
Household crime statistics show that homeowners need to be vigilant when protecting themselves and their possessions. Over 919,000 Australians reported various crimes such as attempted break-ins, theft from motor vehicles and malicious property damage in their own homes. These figures highlight the need for home security.
Prospective buyers will be looking out for security features that’ll minimise the risk of being exposed to crime at home. Such features could include:
Home security systems:
Monitored alarms, CCTV cameras and motion sensors are some examples of security features that could improve the chances of selling your home.
Lights improve the security of the home. They also add more value to outdoor spaces and if you opt for attractive fittings, you’re improving the aesthetics of your residential property too.
Automatic garage doors:
Remote-controlled garage doors allow you to enter your home without having to leave your car to open a door, making them an attractive security feature.
Installing security features won’t only keep you and your family safe. They’ll also increase the resale value of your home without having to spend a fortune.
2. Customised Features
Homebuyers are always looking for homes that have unique features. You can achieve this by adding customised features such as:
- A bespoke garage door.
- What about modernising the hallway with cubby shelves for each member of the family to dump their keys, bags and other items?
- Homebuyers love an enclosed pantry in the kitchen equipped with high-end appliances.
- Steam ovens are still considered a feature worth having in a customised kitchen.
- Under cabernet lighting and floating shelves are other ways of adding customised features to your kitchen without breaking the bank.
- While a bit more costly, customising your bathroom is a surefire way of getting a homebuyer excited about your property.
- Walk-in showers, standalone bathtubs and a walk-in closet off the bathroom are all ways you can add customised features for creating a spa-like experience right in your home.
3. Outdoor Living Spaces
If you’re living in a temperate oceanic climate such as Melbourne, you’re used to dealing with everchanging weather conditions! But, this shouldn’t stop you from enjoying an outdoor lifestyle while being at home. Come sunshine, rain, wind or cold winter nights, having an outdoor living space allows you to be outside whenever you want to be.
Homebuyers want to know that they can entertain and relax both indoors and outdoors. A residential property that includes any of the following features is more likely to sell faster:
- Timber decks
- Gazebos or pergolas
- Covered verandahs or porches
- Outdoor lounge with a fire pit
- Patio with outdoor roller blinds
4. Eco-Friendly Features
Another popular feature that appeals to many homebuyers is having skylights. Designed to bring natural lighting into the home, modernised skylights and roof windows also add aesthetic appeal to the home. But, skylights are also great eco-friendly features, saving homeowners on costly monthly energy bills with less reliance on artificial lighting during the day.
Other eco-friendly features include:
- Solar panels: Tapping into an alternative energy source for heating up water and providing lighting.
- Rainwater harvesting tanks: Rainwater can be used to irrigate the garden, top up the pool or to flush toilets.
- Low-flow shower heads: This feature reduces the amount of water being used when showering.
- Energy-efficient heating and cooling systems: Heating and cooling systems can be heavy users of energy. Installing HVAC with advanced technology is an environmentally sustainable option while keeping your energy bills down.
- Energy-efficient appliances: Upgrading your appliances to energy-efficient models not only reduces energy bills but are attractive to eco-conscious homebuyers.
Increasing environmental awareness has also meant homeowners are taking more responsibility for how they manage their energy usage at home. Eco-friendly features will make your home an attractive deal for eco-conscious homebuyers.
From remote-controlled garage doors to energy-efficient HVAC systems, certain home features improve the resale value of your residential property. You don’t have to overspend when putting your house on the market. But, make sure it has the features buyers are looking for in a property when viewing.