We all inherently desire a place we can call "home," regardless of its dimensions or form. A home grants us safety, autonomy, a sense of belonging, identity, and solitude. At its core, it shields us from the elements and, in certain places, from potential threats.
As 2020 was marked by the impact of Covid-19, it prompted shifts in various perspectives, including considerations when buying a permanent home. Even as the pandemic's intensity ebbed, its influence on people's viewpoints, especially regarding homeownership, became deeply ingrained.
With changing seasons, home sellers must tailor their property presentations to align with what potential buyers are actively seeking.
From practical enhancements to cutting-edge technology, here are five home attributes drawing attention and turning prospective lookers into committed purchasers.
Great Outdoor Area
Searches for properties with an outdoor area increased by 41%!
During the pandemic, as outdoor parks were closed, and even outdoor exercise was restricted, having a backyard or simply a courtyard became a luxury. A backyard offers an additional space where one can take breaks, work outside for a change, or set up an outdoor office. Homebuyers might also see a good backyard as an investment, believing properties with larger or well-maintained outdoor spaces might appreciate more in value, especially given the newfound appreciation for such spaces.
Additionally, A backyard also offers flexibility. Homeowners might consider future expansions, whether it's adding an outdoor deck, a granny flat, or other structures that can provide additional living space or rental income. The Australian lifestyle has always had an outdoor element to it, from barbecues to backyard cricket. The pandemic might have reignited the importance of this, prompting many to seek homes that offer this quintessential Australian experience.
Home Office
This shift has amplified the need for dedicated home office spaces. Buyers today are on the lookout for sustainable work-from-home solutions that go beyond makeshift desks on kitchen counters or dining tables. Having a dedicated work area in a home helps delineate personal and professional spaces, fostering both productivity and creativity.
Whether it's an expansive home office or a smartly utilised corner, having a distinct work area can enhance the attractiveness and, consequently, the value of your property.
Fully Renovated Property
The skyrocketing cost of construction, combined with extended delays, has changed the preferences of buyers who once sought dilapidated fixer-uppers. Over the past two years, the price of materials has doubled or even tripled due to pandemic-induced difficulties in obtaining materials and disruptions in shipping and supply chains. Concurrently, a scarcity of skilled workers has driven these costs even higher and extended construction timelines.
Now, even minor home renovations can become unexpectedly expensive and prolonged. Industry experts anticipate that it will likely be years before things stabilise. Consequently, more and more buyers are gravitating towards homes that are already renovated and move-in ready.
Unified Living Spaces
For numerous Australians, embracing unified living spaces has become a lifestyle choice. Be it a cosy apartment or an expansive residence, a fluid connection between the kitchen, living, and dining areas remains highly desirable. This design approach amplifies space, invites natural light, and gives a sense of a larger home.
As we approach the more bustling months, party hosts and entertainers are on the hunt for the ideal venue to entertain. This layout not only simplifies hosting but also facilitates family life, especially when it comes to monitoring children during the day's hectic moments.
Low Maintenance Gardens
A garden often serves as the first impression when you're aiming to sell your home. Yet, garden maintenance can be daunting for many. Consequently, prospective buyers are gravitating towards homes with gardens that don't demand constant attention.
Consider replacing vast lawn areas and labour-intensive plants with alternatives like paved paths, decks, and hardy plants like native species. Designing an easy-to-maintain outdoor area allows buyers to relish the aesthetics of a beautifully curated garden without the continual upkeep.
Smart Home Features
The era of smart homes is not fleeting but rather enduring. Their appeal lies in their ability to streamline everyday life and significantly reduce utility bills, which is why properties equipped with intelligent technology are highly sought after by buyers.
From automated lighting systems to security features manageable via mobile devices, these advancements are in high demand. By enhancing safety, reducing costs, and simplifying routines, smart home amenities naturally draw in more potential buyers.
Choose To Work with Rossana Winters and John MacMaster
Are you looking to buy, sell or invest in real estate? We can assist you to take the next step in your journey and help you navigate the real estate market. For more information or help getting started, contact us further today!
At Realty One Real Estate, we utilise a diverse range of marketing strategies to ensure that your home is visible to potential buyers. This includes listing your home on our website and promoting it through social media channels. Realty One Real Estate can assist you in maximising your home's potential for a quick sale and getting the best price for your home. Our agents also have extensive knowledge of the local market and can help you price your home correctly to attract potential buyers and get the best possible price for your home.
Contact Realty One Real Estate today to learn more about how we can help you sell your home quickly and for the best price.
Contact us today to speak with Rossana Winters, one of our experienced real estate agents, alongside John MacMaster, the Principal and Mortgage Broker of Finance First, to help you get the best finance options and get started on your journey to purchase and finance your dream home or investment property all in one place by combining with John MacMaster at Finance First.
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