May 13, 2014

Agents Tell Us What’s HOT and What’s NOT

Real Estate Trends:  Agents Tell Us What’s HOT and What’s NOT

HOT NOT

It’s no surprise that homes with “hot” features tend to sell faster than homes that have less desirable attributes. Knowing if your home is hot or not can help you determine your list price. “If your home is full of features that are NOT hot, you may want to consider doing some basic remodeling work or lower your expectations for how fast it will sell and at what price,”

Here are the features agents say are HOT among homebuyers…

  • Open floor plans
  • Turnkey homes (homes that are move-in ready)
  • Granite in areas such as bathrooms or kitchens
  • Upgraded windows
  • Locations near public transportation
  • Energy-saving appliances
  • Large closets
  • Updated lighting fixtures
  • Two-story home with a bedroom on the main floor
  • Wood floors

And those that are NOT…

  • Popcorn ceilings
  • Carpet
  • Lack of parking
  • Small kitchens and bathrooms
  • Minimal amount of natural light
  • Dated homes
  • Wallpaper
  • Low ceilings
  • Limited storage space
  • Loud location on a busy street

Which of these features is a deal breaker for you?

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