There are several deal-breakers that will cause buyers to pass on a property. The most common "walk away" items are:
- Exterior issues, such as damaged or discolored siding or loose brick
- Weatherproofing issues in an area of the house
- A significant number of repairs needed
- Noticeable flaws in the foundation
- Cracked walls or ceilings
- Bad remodel work
- Drainage issues
- Age of the home
- Structural issues
- Uneven floors (floors that are significantly sagging and settling)
Recent homebuyers were asked what mattered the most to them when purchasing a home. Their answers in order are:
- Home size
- Updated kitchen
- Outdoor space
- Storage space
- Bedroom size
- Updated bathrooms
- Kitchen size
- LocationIn short, homebuyers are looking for safety and comfort. They are not afraid to get their hands dirty or hire a home improvement professional to fix minor issues. However, major issues like damage and structural problems can dissuade them, and an old kitchen won’t win any favors, either.
Purchasing a home during the pandemic has proven to be a stressful experience, with the majority of homeowners (84%) making a decision more quickly than they were comfortable with, and 79% losing a bid on at least one property.
Given the low inventory and pressure to make decisions quickly, it’s important for prospective homebuyers to understand their dealbreakers, considering not just the home itself but also the neighborhood and environment.
Need help getting your home ready to sell? Meet with an Enhance Floors Design Consultant for advice and ideas on the “must do” projects.
The hot new paint colors are always celebrated – every paint manufacturer has a color of the year. But what about wood stain colors? Wood floors, furniture, cabinets: what’s trending?
--Natural – no stain applied. The wood as mother nature made it!
--Neutral browns, like Minwax Golden Oak and Early Provincial
-- Cerused finishes, where colored pigments—often white—are used to accentuate the grain of a piece of wood
--For cabinets, rich dark stain colors. Walnut is increasingly popular.
How Much Does It Cost?
We just finished a big installation – 1245 (4 rooms and halls) square feet of new wood, sanded and finished in the home. The price came in right at $15,000. This included the removal of the existing carpet and pad, moving the furniture, and new shoemold. We were on the job over a week. We use a dust containment system as part of the sanding process, and the mess was minimal. The finished floor was gorgeous!
Wonderful World of Window Treatments
It’s that time of year, when home buyers are out in force, looking for the ideal new dwelling, which means it’s also the time of year when home sellers are looking to give their homes those two magic words: curb appeal. Starting at the view from the street, window treatments are a big part of making your home The One for a potential buyer.