12 Extras Denver Homebuyers Want Right Now
Most Denver homeowners know what home improvement projects are attractive to potential buyers. Kitchen and bathroom renovations top these lists, but you might be surprised to learn that you don’t have to shell out for remodels to increase your home’s price tag; you might already have features in your home that Denver homebuyers are willing to pay a premium for. Whether you are looking to increase your home’s resale value or you simply want to keep your home looking modern and beautiful, the following 12 items will help you achieve it.
Fences
Fences are a great investment, but it matters what type of fencing you have. Denver homebuyers tend to pass over homes without any fences, but they also aren’t impressed with chain link fences. To increase your home’s value and curb appeal, opt for natural materials like cedar. Not only do these add to the visual attractiveness of your home, they also offer you more privacy.
Stainless Steel Appliances
When it comes to home trends, it can feel impossible to keep up with everything. One trend that seems here to stay is the desire for stainless steel appliances. Studies have shows that if the sellers were to spend $2,000 on stainless steel appliances, their home would sell much faster, and they’d probably double what they spent. Most first-time Denver homebuyers don’t have cash to make these improvements themselves.
Walk-In Closets
The vast majority of us have way too many items, which leads to clutter, and we could all use some extra storage space. Walk-in closets may not significantly increase your home’s price, but it can help you sell, particularly in a competitive market.
Pool
A pool can add immense value to your home, if you live in the right area.
Exposed Brick
If you are selling in the city, having exposed brick can seriously add to your home’s value. Exposed brick is something that many buyers are gravitating towards these days. It adds a sense of character and history to the home. If this is something your home already has, or is hiding behind your Sheetrock, expose the brick! It can add to the purchase price of your home.
Mudrooms
Like exposed brick, mudrooms tend to be a geographical preference with the most popular location being New England. However, homebuyers everywhere enjoy seeing organizational features like lockers, cubbies and clever shelving in mudrooms.
Original Flooring
Many Denver homebuyers are looking for wood floors, and original wood floors can be a great way to add value and appeal to your home. The most valuable benefit of original wood floors is the fact that any damage can be sanded out and refinished extremely easily.
Formal Dining Room
Even if you don’t use a formal dining room regularly, it’s making a major comeback and buyers are definitely interested. In homes $400,000 and up, a formal dining room is important. There is a “want” for a formal dining room because this usually isn’t their first home, and they enjoy setting their dining room tables and entertaining.
Fireplace
Fireplaces may not mean you see a ton of additional money, but they can be invaluable in helping your home sell more quickly.
Trees
A study conducted by the University of Washington College of the Environment found that mature trees add two percent to a home’s price. However, mature trees that are visible in high-income neighborhoods add 10 to 15 percent to the property value.
Basement or Attic Bedroom
You might not have appreciated your attic or basement bedroom, but Denver homebuyers will. The estimated resale value of an attic or basement bedroom is over $41,000, so be sure to play up this feature if you have it.
Technology
Smart and green technologies are items that Denver homebuyers today are looking for. A survey done by the National Association of Home Builders found that buyers will spend around $7,000 more on a home if it has technology that can help them save around $1,000 per year in annual utility costs.
When you’ve lived in your home for a long time, it’s easy to overlook rooms and features that you see every single day. However, Denver homebuyers today are looking for things that your property already has like a fireplace or gorgeous mature trees. To increase the value of your home, be sure to keep the above features well-maintained.