COVID-19 has left a deep scar on American life in more ways than one. People have had to come to terms with the idea that we are vulnerable to things that we cannot control. We’ve had to learn how to adapt and make the best of a difficult situation. It’s taken a while, but as millions of Americans receive the vaccine, we’re regaining some semblance of normalcy – thank goodness!
It’s understandable that the pandemic would have an effect on real estate (like other industries), but you wouldn’t think that it would have an effect on what people are looking for in a new home. And although top real estate agents say their markets are experiencing a booming seller’s market, homeowners that are putting their homes on the market are eager to make renovations that fall in line with the latest design trends.
If you’re hoping to sell and want to get the most bang for your buck, here are design trends that will appeal to the largest pool of buyers.
1. Bathroom improvements
Homeowners and buyers have always wanted modern bathrooms, but they are in high demand now because people want a sanctuary in which to relax and unwind. The best part of doing a bathroom upgrade (double vanity sinks, rainfall shower heads and soaking bathtubs) is that you can enjoy the fruits of your labor and get a 182% return on your investment.
2. Upgraded landscaping
They say you can’t judge a book by it’s cover, but when buyers look at your home, your curb appeal needs to make a good impression. A well manicured lawn, trimmed hedges, and flower beds free of weeds are a good first step. However if you hire a landscaper who can do hardscaping, it’ll make a world of a difference.
3. Modern kitchen upgrades
Homeowners are as interested in a modern kitchen as they are bathrooms. The kitchen is usually the focal point of the home and where people gather the most. Upgrades that appeal to buyers the most include stainless steel appliances, a large island (if you have enough room), custom cabinets with modern hardware and granite countertops.
4. Welcoming front porch
When you’re thinking about curb appeal, you’re going to want to look at the front porch as well. You can create a welcoming seating area, use seasonal decor, and even update the door and light fixtures to give your porch that welcoming feel.
5. Update or build a deck or patio
A comfortable outdoor seating area is essential when it comes to outdoor entertaining so you’ll want to make sure your deck or patio is a place people want to be. Built-in grills, firepits and a comfortable seating area are great places to start, but if you want to go big, you could create an oasis.
You can turn your deck or patio into that oasis by planting flowers and native plants around the perimeter of the space. You can build a full-on outdoor kitchen or wet bar area. If the space has a structural covering, you could install recessed lighting or a ceiling fan. There’s no limit to what you can do to make your outdoor living area that people will love spending time at.
COVID-19 may soon be behind us, but it has changed many aspects of our lives. In the real estate industry, the features buyers want in a new home have changed to reflect those changes. While it may be a seller’s market, homeowners who want to maximize their profit when selling may consider following these in-demand trends. Of course, you could always ask a real estate agent for advice regarding what features buyers want in your particular area.
