6 Home Features Buyers will Pay Extra For
Did you know that buyers will pay extra for certain home features? 💸
People consider hundreds of factors before deciding on which property to buy. Aside from location, number of bedrooms, and size of the lot, people are also looking for specific features that they are willing to pay a few thousands more to get. Here are 𝗦𝗜𝗫 of them:
- Buyers are also willing to shell out extra money for practical kitchen amenities such as new appliances and quartz countertops that expedite the cooking and cleaning processes.
- High-speed internet or NBN internet mentioned in a listing can raise a home's sale price 2.5%, while a study or home office can increase it by 1.6%.
- Get-away decor - Buyers across the country are more inclined to purchase homes that provide a sense of escape, resembling vacation spots, even when they are miles away from the beaches. This has led to an increase in the price of homes that feature nautical-style decor.
- Outdoor amenities - Home buyers prioritise outdoor space that accommodates lounging, dining, and socializing. When a home features a pizza oven or outdoor kitchen, it can slightly increase its sale price by 2.5%.
- Fresh Paint - A 5% premium can be expected for homes that come with a fresh coat of paint. Many real estate agents agree that for the cost of a few tins of paint and the right tools, you can increase the asking price of your home by up to 5%.
- Pools - Saltwater pools have also become an attractive feature among homebuyers, with studies showing that they can increase a home's sale price by 2.1% more than anticipated.
What are you willing to pay extra for to have in your next home? Call us on 1300 032 669 for further advise.
