we’re more than six months into the COVID-19 era with no clear end in sight. As many people continue working and logging in to school from home, the real estate market is again heating up with buyers eager to upgrade to a new home.
So stop putting it off: Now is the time to step on the gas in preparing your home to sell. We talked with experts to learn which home improvements will hit the right note with buyers during the pandemic (and beyond).
Most of us are suffering from an acute case of cabin fever these days. It’s little wonder that outdoor space has become more important than ever to prospective buyers.
“Even pools are becoming more popular in areas where they weren’t before,” says Bill Walker, chief operating officer of Kukun, a web resource for home improvements.
That doesn’t mean you need to splurge on a new in-ground pool; even a minor landscaping refresh can make a big difference and increase curb appeal. Depending on your budget and your neighborhood, you might also consider adding an in-ground fire pit or outdoor kitchen to maximize your outdoor space.
If you live in a cooler climate, extending the usability of your outdoor space will be a big draw for buyers.
“Get a low-cost outdoor heater and area rug to stage the space as an outdoor living room,” says Francie Malina, a real estate agent in New York’s Westchester County.
Many workers aren’t heading back to the office until 2021 or even later, which means home office space is at a premium, along with space for kids to log in to their virtual classrooms.
“People need a dedicated space for multiple people to be able to be on calls at the same time,” says Walker, who currently works at home alongside his wife, and his kids attending school virtually. “It definitely creates challenges when we all need to be on calls and need space to work.
Even if you don’t need two home offices or a remote learning station for your own family, consider staging your home to show the possibilities for buyers.
“Staging a guest bedroom as a home office or classroom is a good idea,” Walker says. “The potential buyer can see the room being used in a versatile way and visualize it for themselves.”
Plus, most of us host guests in our guest rooms for less than a month per year, Walker says—and probably even less during the pandemic.
If you have any questions or comments you would like answered in next month's newsletter, email me at [email protected] and they will be included in the market update. OR if you would like more information on our unique systems and programs, call us at 425-236-6777 or visit our website www.GeorgeMoorhead.com
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GEORGE MOORHEAD - Bentley Properties
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Direct: 425-236-6777
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www.GeorgeMoorhead.com