Top 7 Amenities Homebuyers Are Looking For In 2020

Whether you’re a buyer or a seller, it’s important to know what the latest trends are when performing a real estate transaction. Understanding what homebuyers are looking for in the coming year is necessary to ensure you can upgrade or remodel your property before listing it on the market to attract more buyers. Here are a few of the top amenities that are in demand in 2020.

1. Home Office

As more people spend time telecommuting and working from home, it makes home offices in demand to ensure the homeowners can have a private and functional place to work each day. With more than 13 million people in the U.S. working from home, it makes home offices crucial to boost productivity levels and have a space that is separate from the rest of the home to get work done. Consider creating a room with built-in shelves, a bathroom, and a beautiful view of the outdoors.

2. Spacious Kitchens

The kitchen is the most important room in the home because it’s used the most by residents, which is why spacious kitchens are in demand. The kitchen should have plenty of countertop space and storage to ensure it’s functional and easier to cook and prepare food each day. It should also be cheery and well-lit with upgraded fixtures to ensure it contributes to the quality of the home and is pleasant to spend time in for residents.

Consider adding a large island in the middle of the kitchen or installing more cabinets. Open-floor plans are known to feel more spacious and can make it easier to entertain when hosting guests.

3. Location

The location of the property continues to be an important factor that determines how quickly a house sells. Most buyers want to be in close proximity to their work, restaurants, grocery stores, and hospitals to ensure everything they need is easy to access. The school district is also taken into consideration and determines if families are likely to consider moving to the neighborhood.

If you’re a buyer, it’s important to consider this aspect because it can influence how much the home is worth in the coming years if you plan to relocate again. Consider moving somewhere that isn’t more than a few minutes to popular establishments and stores.

4. Number of Bathrooms

People enjoy having easy access to the bathrooms in their home, which makes it necessary to consider adding an extra bathroom to boost the value and appeal of your home. There should be at least one bathroom on each floor of the home to avoid having to climb stairs each time you need to use the restroom. The bathroom can be small with only a toilet if you don’t want to spend too much on remodeling the house.

5. Energy Efficiency

More buyers want to own a residential property that is energy-efficient to ensure they can spend less money on their electric bill each month. Consider investing in solar panels to reduce the cost of electricity in the building. You can also install Energy Star windows for more insulation to prevent heat or cold air from transferring into the building throughout the year.

6. Laundry Room

More home buyers are ready to have a space where they can do the laundry instead of having to head to the garage to wash their clothes. Laundry rooms are a popular trend because they provide a comfortable space to store dirty laundry and fold everything without having to leave it on the couch.

Approximately 91 percent of buyers desire this feature because it can help to contain the mess and keep it out of sight when you have guests over. Laundry rooms can benefit from clothes racks, cabinets for storing supplies, and even countertop space to fold everything.

7. Patios

Patios are considered to be an additional place to spend time and entertain without having to feel cooped up indoors. Patios can become a comfortable living space by installing a ceiling fan outside, as well as having outdoor furniture available to lounge on during the warmer seasons.

Patios can also be built with a barbecue or mini kitchen to ensure residents have a place to cook and entertain. When buyers see the patio, it’ll help them envision spending time with their family members and friends on the property. You can even hang curtains to make it feel like a private cabana.

Understanding what buyers are looking for in 2020 can allow you to take the necessary steps to prepare your home and get it ready to sell. You’ll not only make the property stand out on the market but can prevent it from sitting to long to ensure it has a higher value and is more competitive.