The real estate market is one that is constantly evolving along with the unique requirements of the various generations that dominate the customer base down the course of time. According to a survey conducted on the real estate market it was observed that more than 30% of the move-in home buyers today are millennials, and this is a generation that is very well known for making informed decisions with the help of the internet and being extremely selective when it comes to making purchases. Therefore, any home owner who plans on putting their property on the market in the near future must do the best they can to convert it into a living space that is well suited to the lifestyle and needs of this generation. Continue reading to learn about three effective methods in which you can accomplish this.
A smart floor plan
One of the features that all home buyers today value a lot is an open floor plan with a flexible living space. Although size was the main concern behind a purchasing decision in the past, today it is not as important. A basement is a great way to add value to a house as it provides ample space for storage of almost anything that is used in the household. You can also invest on a hydronic underfloor heating Sydney system that is sure to give your property a competitive advantage over all the others. An additional room will make the ideal space for a home office, a children’s play room or a guest bedroom. Such an inclusion raises the flexibility of the house and it makes it easier for a potential buyer to imagine themselves living there.
Make your home energy efficient
Modern day buyers are greatly concerned about the energy efficiency of a living space because any property that is an energy hog will result in the incurring of very high costs as the years go by. If you are able to make the necessary arrangements to make your home a more energy efficient one, you too will be able to bringdown various household costs. Invest on replacing the traditional windows with double glazed windows which are capable of keeping out the excess heat and thereby reduce the workload on the A/C. Water heating is another task which uses up a great lot of energy and unless an efficient hot water installation has been done, buyers will probably overlook your house and move on to the next one. Replace all the incandescent lights and halogen lamps in and around the house with LED lamps or CFL bulbs which consumes a much lower proportion of your energy.
The kitchen factor
Kitchen space has, is and will always be a factor which buyers pay attention to when it comes to the purchase of a house. As for the things you can do to make your kitchen a more appealing one, start by coloring it with a light-colored paint. This will make the room look a lot more spacious than it actually is. You can also set up mirrors in as many places as you can as this too serves the purpose of making the kitchen look bigger. You may also invest on updating the hardware to stainless steel equipment which are long-lasting and is sure to attract the large proportion of home buyers who plan on moving in right after the purchase.