Next Generation Realty

News and Events

March 7, 2007

What's Hot in Homes Today

WHAT’S HOT IN HOMES TODAY

Wondering what buyers like when shopping for a new home or thinking about remodeling your own home?  Knowing what buyers desire can help you increase the value of your own home and may contribute to the enjoyment while you live in it!

Floor Plans 

The preferred ceiling height is between 9ft to 11ft – 2 story ceilings make small rooms feel like towers.
    Four bedroom floor plans are favored and at least 2 living areas.   A great room with additional family room in walk out lower level works really well.  
    Multiple floor levels are not desirable – maturing buyers do not want to deal with steps.
    Formal Dining Rooms are still desired, formal living rooms seem to be converted to offices or den/library set up.  Computer rooms with built-in desk or hutch are in demand.
    In higher price ranges, a media/theatre room & full size bars are sought after.  Usually these rooms are in a finished lower level with comparable trim & finish to these rest of the home.
    Great Room/Family Room space or wall space for the larger T.V. screens is becoming necessary for many buyers!  The Plasma T.V. with built in surround sound speakers is quickly becoming a common place feature in higher price ranges.

Storage

Large Master Suite walk in closets with organizers can make or break a sale!  Large Kitchen Pantry & Mud Room/ Laundry rooms are favored.  Features like built-in Lockers for children’s jackets, shoes & school supplies are attractive to families with children.
    Garage Storage that facilitates a clean appearance is desirable.  Homes over $250,000 are expected to have a 3 car garage if built after 2005.   Many older homes with over-sized 2 car garage with 3rd car pad & storage sheds seem to do well also.

Kitchen & Baths

Eat-in kitchens dominate the market.  Kitchens with good design feature ample workspace and creative cabinet design.  Lots of counter space, pull out drawers, easy access to appliances and walk-in pantry sell.  Open floor plans to either Great room or Family room sell!
    Stainless Appliances are still favored over all others.  Upscale appliances in the higher price ranges are required as well as wine coolers, granite countertops and hardwood floors.
    Concrete countertops are making way into the market – perfect for buyers looking for the ultra modern design.
    Master bath with hip height countertops, Jacuzzi and dual vanity is preferred.  Enclosed Stool, tile showers and vaulted or high ceilings attract buyers. Brass fixtures are being replaced with Nickel or Brushed Chrome fixtures. 
    Jack & Jill full baths between children’s room and separate bath for guest rooms in higher price ranges.  Master bedroom with a shower in the middle price ranges will definitely increase sale-ability. 
    Slippery white or off white ceramic tile in bathrooms is out – for safety & maintenance reasons.

Miscellaneous

Wide base board, door & window trim are key features.  Front Porches & Covered Decks are still strong. 
    Vinyl flooring is being replaced by Laminate flooring.  Laminate flooring featuring either a tile pattern or a hardwood floor appearance works best. 
    Heavy Drapes are definitely out!  Lighter drapery like cotton, linen or silk are in.  Plastic blinds need to be replaced with wood blinds or light reducing blinds. 
    A single light in any room will not do – quality of light and ambience help present a home in a “favorable light”.   

When you’re ready to become a home seller again – let us know!  Our agents can help you prepare you home so that you make the most out of your investment without paying a 7% commission!  Our agents out perform traditional agents beating them in both average days on market and list price to sales price ratio!  Call 224-9900 to invite any of our exceptional agents to your home for a market analysis!

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