Wednesday, June 16, 2021

Real Estate

What do Buyers Look For when Viewing a Property?

No two buyers are the same, but there a few universal things that buyers look for when viewing a property. For you, the vendor, it is worth trying to set foot inside your buyer’s head, as this could help you achieve the best possible asking price for your home.

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As any experienced Minneapolis realtor will tell you, some buyers do want the moon and stars, but most have a reasonable wish list. The good news is that some of the wish list is easy to remedy. You just have to be flexible and willing to put some work in before you list your property on the real estate market.

A Home That’s Ready to Move Into

Buying a home is a huge investment. This is not a purchase you should make without giving some serious thought to your finances. Most homeowners, especially first time buyers, are stretched to the limit when they buy a home. It’s taken them years to save up for a deposit, so they can’t afford to spend extra money on a renovation project.

Buyers prefer properties where the expensive projects have already been done and, more importantly, are willing to pay a premium for them. Replacing a kitchen or bathroom is a big expense. Most people can’t afford to spend tens of thousands of dollars within a year of buying a new home, so it is worth doing the work yourself if your kitchen or bathroom are an eyesore.

Any more you spend on improving the property will be reflected in the asking price, so you won’t miss out. However, it’s important that you don’t allow your personal tastes to exert too much influence in the design process. Instead, stick to neutral colors and go with design styles that are likely to appeal to the majority.

A Family Friendly Home

Are you selling a family home? If so, make sure it accurately reflects a family friendly vibe. For example, if your kids left home years ago and you turned a bedroom into a study, make it a bedroom again. Buyers like to picture their family in a property, so one less bedroom in their eyes could harm your chances of a sale.

The same applies to the outdoor space. Do you have a swimming pool or a pond? If so, make sure it’s protected by a barrier, or families with younger children will be put off.

A Clean and Tidy Home

Homes need to be clean and tidy prior to viewings. Nothing puts buyers off more than a filthy kitchen, nasty pet odors, and a disgusting bathroom. Clean your property from top to bottom and relocate pets for the duration of the visit. It’s also worth having floors professionally cleaned, too.

Cleaning is the easiest way to make a good impression on prospective buyers, but in a buyer’s market, it’s also worth spending a bit of money improving the overall look of your home. The more attractive a property is, the more likely you are to achieve a good sale price.