Lodinews.com

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Buyers more particular in what they want in a home

Print
Font Size:
Default font size
Larger font size

Posted: Saturday, March 15, 2014 6:38 am

With the foreclosure and short sale real estate market drying up, buyers are becoming more particular on what they want in a home.

During the foreclosure crisis buyers were willing to purchase homes needing substantial repairs and cosmetic improvements. Many of the homes for sale during the crisis had no appliances, flooring, lighting or plumbing fixtures.

The attitude of buyers during this period was different from what we see now. The California Association of Realtors surveyed buyers and found out their most wanted items when shopping for a home were.

Leading the list for buyers is energy star rated appliances. Everyone seems concerned with energy use these days and this is a huge selling point so if you are thinking of replacing appliances make sure they are energy star rated. Young buyers are also concerned with the overall energy rating of a home as well as energy star rated windows. Ceiling fans fall into this category and buyers want them in all bedrooms and living areas. There are several companies that perform an energy efficiency analysis of your home. There are also Energy Efficient Mortgages that allow improvements to be made to a home as part of the loan process. Any lender can questions on these loans and how they work and your Realtor can offer you information on Energy Efficient companies that perform inspections.

An inside Laundry Room is important as going to the garage to do laundry seems foreign to young buyers. A linen closet and an exhaust fan in the bathroom made the top 10 list also. The kitchen is always a place of concern for any buyer. Having a pantry for storage is very important to most buyers. Space in the kitchen for eating, whether it be a nook or an eating bar are also in demand.

Garage storage, whether it be cabinets along the walls or attic storage with a drop down ladder, are important to buyers also. Storage allows homeowners to keep their possessions out of view and organized. Outside lighting for safety is also a concern. Motion lighting is the best and if the landscape is lit even better.

If you are thinking of upgrading anything in your home, keep in mind what buyers want most in case the time comes that you want to sell!

Eileen Schamber is the president of the Lodi Association of Realtors and can be reached at president@yourlocalaor.com.

Rules of Conduct

  • 1 Use your real name. You must register with your full first and last name before you can comment. (And don’t pretend you’re someone else.)
  • 2 Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually oriented language.
  • 3 Don’t threaten. Threats of harming another person will not be tolerated.
  • 4 Be truthful. Don't lie about anyone or anything. Don't post unsubstantiated allegations, rumors or gossip that could harm the reputation of a person, company or organization.
  • 5 Be nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 6 Stay on topic. Make sure your comments are about the story. Don’t insult each other.
  • 7 Tell us if the discussion is getting out of hand. Use the ‘Report’ link on each comment to let us know of abusive posts.
  • 8 Share what you know, and ask about what you don't.
  • 9 Don’t be a troll.
  • 10 Don’t reveal personal information about other commenters. You may reveal your own personal information, but we advise you not to do so.
  • 11 We reserve the right, at our discretion, to monitor, delete or choose not to post any comment. This may include removing or monitoring posts that we believe violate the spirit or letter of these rules, or that we otherwise determine at our discretion needs to be monitored, not posted, or deleted.

Welcome to the discussion.

Loan Calculator

Mailing List

Subscribe to a mailing list to have daily news sent directly to your inbox.

  • Breaking News

    Would you like to receive breaking news alerts? Sign up now!

  • News Updates

    Would you like to receive our daily news headlines? Sign up now!

  • Sports Updates

    Would you like to receive our daily sports headlines? Sign up now!

Manage Your Lists