Spring is here, which means we’re entering the season when more homeowners want to sell their homes. But how do you help your home stand out from the rest of the homes on the real estate market? How can you attract more buyers and, ultimately, get a higher sale price than competing homes?
There are a few trends for 2022 that you should keep in mind if you’re wanting to sell your home. Some of these are simple adjustments and—such as installing new security features while others would require a bit more investment—like upgrading the siding of your house. Take them all into consideration and see what changes, however big or small, you can make to your home to increase its appeal for potential buyers.
1. Eco-Friendly Fixtures
An important factor to remember is that millennials account for the largest share of current homebuyers, according to the National Association of Realtors. Sustainable living tops the list of priorities for this generation—nearly one-third of millennials initiate or deepen their consumer investment in products or services that help the environment. This also includes the houses they choose to live in.
- Energy-Efficient Windows: Energy-efficient windows allow less air to move through them which can help homeowners save money. Heat gain or loss from low-performance windows drives 25–30 percent of home heating and cooling costs.
- Low-Flow Water Fixtures: A simple upgrade for your home is replacing your shower head with one labeled with WaterSense as it can save four gallons of water with each shower. Do the same with your faucets to save 700 gallons per year.
- Native Landscaping: There is an increased demand for gardens with native trees and plants as they have the ability to combat biodiversity loss from climate change.
2. Wellness Areas
The pandemic has significantly impacted mental health around the world. In an effort to prioritize mental health, many Canadians are relocating to quieter, more peaceful areas, with 22 percent of city dwellers planning a move to less congested residential areas.
However, no matter where you live, you can still intrigue buyers by jumping on this trend. At-home wellness amenities, which were once viewed as luxuries, are now on many homeowners’ must-have lists. Indoor spaces that function as a retreat for wellness and self-care have become extremely popular.
Improve your quality of life in your home with reading nooks, spa-inspired bathrooms, and exercise or meditation spaces. Even if your house doesn’t have the square footage to section off an entire room for relaxation, making simple tweaks like allowing more natural light through the windows, setting up air purifiers, and adding indoor plants to your rooms can help you feel better in your home now while enabling future buyers to see the opportunity for their own space.
3. Calming Colours
One of the 2022 home trends that attract sellers are paint colours that produce a calming atmosphere. Soft earth tones and natural hues will prevail this year, including various shades of blue, green, brown, and beige. Recent research suggests steering clear of trendy paint colours in favour of a more classic palette to bring the feel of nature indoors in a subtle and soothing way.
4. Home Security Features
Consider how you can build home safety features into the design of or as an update to your home to enhance your quality of life now and attract more buyers later. For example, you could install a backup generator in the garage and/or install video cameras.
5. Designate Work Areas
It may come as no surprise that after the pandemic, 63 percent of homebuyers want their next house to have sapce for a designated office or workspace.
If you can, consider turning a bedroom or a den into a work-from-home office. When designing the space or staging for showings, make it both functional and aesthetically pleasing. Position a desk near the window for natural light, install a bookshelf unit, arrange a few succulents on the work surface, and hang a few framed posters or a cork bulletin board on the wall. You want the space to foster productivity as well as be a place in your home you enjoy spending time.
These are just a few ideas that, if implemented, can significantly improve the value and appeal of your home.
Want to know how your home stands out from the rest of the listings on the market? We’d love to do a free home evaluation for you and share some tips and ideas for how you can increase your buyer-appeal. Fill out this form on our website and we’ll get in touch with you as soon as we can.