Selling your home

If your are considering selling a property, be sure to receive your free Home Valuation Report.

What Buyers Are Looking For:
An affordable price, quality and size top the shopping list of items buyers want in new homes, according to a recently released survey. A recent magazine survey of more than 700 U.S. households currently in the market for a new home indicated the following were the top criteria buyers used to choose their new home:

• Price or affordability - 55%
• Quality - 42%
• Size - 42%
• Style or appearance - 28%
• Investment value - 24%
• Quality of schools - 21%
• Size of yard/lot - 21%

According to the magazine’s experts, what these survey results mean is that home buyers today are going back to basics. That is, they value a home’s quality and affordability more than they value its amenities. That doesn’t mean, however, that home buyers suspend their personal preferences when shopping for a home, as the results from the second portion of the survey indicate.

In part two, respondents were asked what would make home buyers consider moving to a new home. The answers:

• More space - 49%
• Elaborate master suite - 29%
• Energy efficiency - 22%
• Open floor plan - 19%
• Flexible floor plan - 18%
• Modern kitchen - 16%
• Bigger garage - 15%
• More volume spaces - 14%
• Romantic master bath - 8%
• Dramatic use of glass - 6%

In other words, a heart-shaped tub and space in the garage for a workbench might sway home buyers who already like a home for its price and quality. But, they’re not going to be the deciding factors if someone doesn’t feel they can afford the home. It is a consideration to bear in mind when pricing your home for sale.

If you have quesions or need help, call Bob Capera at (937) 470-0046, or email sales@bobcaperna.com

| Home | About Bob | Buying | Search MLS | Scouting Report | Selling | Free Home Valuation |
©2005 Bob Caperna