As you probably are aware, the housing market has recently slowed down due to the global pandemic. However, this shouldn’t be an excuse for sellers to stop upgrading the areas of their homes that should be upgraded. The real estate market in Ohio is indeed strong, so many buyers are still on the hunt for a perfect home. Virtual open houses are becoming more prevalent and they do their job very well, but it’s expected for the market to quickly rebound as soon as the lockdown measures are lifted. Therefore, now is the ideal time to explore what homebuyers in Ohio value the most and incorporate that into your property.
Why should you remodel?
Right from the start, you should know that most remodeling efforts only increase the home value by 50% to 80% of the project’s cost. So, the question arises of why should you even remodel if you’ll almost certainly lose money. And the truth is that if you don’t act on time, the price that you’ll pay may be much higher. Not to mention that during all the time you spend waiting on a sale you have to pay the mortgage, maintenance, and staging costs.
So, to get the most bang for your buck, use clever tricks to sell your home faster and concentrate on the things that buyers in Ohio really want to see, and here’s what they are.
The laundry room is the place that homebuyers all around the U.S. want to see the most, an Ohio is no different. Depending on what you want to do with the place, you’ll need anywhere from $1,000 to $10,000 for a small-scale project. It’s advisable to try to incorporate a space for folding clothes, as well as for an ironing board in the same room. This setup will add the most value.
If you don’t have a room set for this purpose but want to add one, the basement would be the most obvious choice. The utility lines are already there, and usually, there are not too many things to demolish before you can start remodeling. Therefore, if you want to sell your home and move from your hometown without any stress and as soon as possible, a fancy laundry room is the way to go.
Energy-efficient windows and appliances
Buyers always love to hear that their bills will be lower because of energy-efficient appliances and windows. That’s why those are the second thing on our list of features that homebuyers in Ohio value the most. And when you think about it, it makes perfect sense. Energy efficiency has become a standard, so it’s a smart idea to invest in this part of your home. If you can afford it, planning a home solar electric system would be an even better option.
Energy-efficient windows can save you 12% on both heating and cooling throughout the year. Therefore, they’re the most value you’ll get for the money. When it comes to appliances, energy-efficient washers and dryers will save you around $50 a year each. If you already have some of these features in your home, be sure to state it in your listings.
Lots of homeowners seem to neglect the backyard area when they’re prepping the house for sale, and that’s something that you absolutely don’t want to do. Outdoor living spaces are among the most valued assets of a house. When potential buyers see a nicely arranged backyard, they immediately start imagining themselves sitting there with their friends and enjoying drinks. Therefore, make sure that your patio is in top shape before listing your home.
Garage storage space
If you’re selling a multi-bedroom house, chances are that your buyer will have a growing family. And as we all know, growing families need lots of storage space. Yes, you can always build a little shed in the backyard and call it done. However, there’s a much better way of dealing with unnecessary clutter. If you do it in the right manner, it will also help you to utilize the maintenance hacks that will make your property stand out. So, it’s a win-win situation.
Carve some space in your garage to keep all the things that don’t have to be on the main level away from it. Of course, this bonus space should be easily accessible and nicely organized. This is what differentiates this type of storage from the above-mentioned sheds and attics. Ease of access is important and that’s why a nicely arranged garage is one of the things homebuyers in Ohio value the most.
When it comes to the kitchen, the most wanted feature among buyers seems to be a walk-in pantry. People noticed that kitchens tend to become overcrowded very quickly when there’s no room to store the essentials. And having a 5×5 feet room full of open shelves and cabinets certainly helps with space.
Additionally, it’s no secret that residents of Ohio love to prepare their food themselves, and this enables them to store large quantities of non-perishable items just a step from the prepping area. This also means no frequent grocery trips and avoiding crowds in stores, so it’s easy to understand why these are so popular.
Hardwood floors are among the things homebuyers in Ohio value the most because they offer a cleaner look and they’re easier to maintain than carpets. They are also much more durable than carpets that have to be changed every 8-10 years. With proper maintenance and periodical refinishing, hardwood floors can last a lifetime. If you’re a seller on a tight budget, you may want to research engineered wooden flooring that is cheaper than pure hardwood and can be mounted much quicker.