If your house just went up for sale, then the ideal buyers are those people who are buying their very first property.
Mostly millennials, these are buyers who know exactly what they want and have familiarized themselves with the real estate market.
However, don’t expect prospective first-time buyers to splash their cash for just any old house. There are at least 7 home upgrades that millennials want to see before they take out their checkbook.
A USB charger as an outlet
Power outlets are nothing new but if you installed a couple of USB chargers built into the wall that would be a true novelty!
They are quite handy because they do away with the need to use extension cords and adapters so millennials will go crazy about them.
Choose a design other than white and prospective buyers will admire the USB outlet out loud because it very well might be the first of its kind they saw.
A neutral color palette
One of the most common pieces of advice realtors give to sellers is to go easy on painting the walls. Yes, an orange living room might seem appealing or a yellow nursery is understandable but do you know what prospective buyers see?
A whole lot of work to repaint all the rooms painted using tacky colors. What you need are neutral tones, something like white or grey so the color of the walls doesn’t put potential buyers away.
A spot-on residence
The thing about the upcoming generation of property buyers is that they know exactly what they want for their money.
Although millennials are said to be uncertain about their desire, they don’t act to the stereotype when it comes to the real estate market. According to RightSizers, you should offer your house for sale to first-time buyers who are looking for a property exactly matching the size of your house or apartment.
An energy-efficient home
The hype about protecting the environment had long ago swept the planet. However, (future) homeowners of today expect their new home not only to be eco-friendly in design but to save money as well.
An energy-efficient home is really something that you shouldn’t put the house on the market in the first place. A single solar panel can increase the value of the property by at least a four-figure amount.
A home office is a good thing
If you have created a home office space inside the house, don’t dismantle it just yet. As the number of people working remotely increases so does the demand for ready-made home offices.
Since millennials are the ones who work remotely the most, they would be willing to pay extra for the first real state thy ever buy to come with a home office.
Stage the home
First-timer buyers have a hard time imagining what their new place might look like. It’s not that they lack the imagination; it’s more of a question of experience they lack.
They might assume that a king-sized bed would fit perfectly well inside your bedroom but the reality could not be more different. That’s why a staged home helps them make realistic projections about the future look of the property.
Boosting curb appeal
The best way to get first-time buyers interested is to leave a good first impression, naturally. Try to boost the house’s curb appeal by paving the driveway, painting the front door and the front façade, as well as mending the mailbox. As the final touch, you might add a house number that glows in the dark.
The 7 home upgrades we have listed here are bound to get millennials’ attention. First-time buyers are more attentive than other buyers so don’t expect that impressing them will be a walk in the park.
Related Posts
- Some Pros and Cons of Using a Real Estate Agent (for Sellers or Buyers)
- 7 Companies Like Divvy Homes (Alternatives) for Rent-to-Own a Property
- The Most Important Factors for Real Estate Investing
- 13 Opendoor Competitors – Best Companies Like Opendoor to Sell Your Home
- What You Need to Know About Luxury Apartments in 2022
- 38 Interesting Real Estate Fun Facts and Statistics You Should Know
Leave a Reply