I wanted to share some information I came across in a recent article published in REALTOR magazine by the National Association of Realtors regarding the kitchen and bath features buyers want most.
If you are selling your home in Bend Oregon today, most everyone knows that it can take a while. In all areas of Central Oregon real estate currently—from destination resorts, horse properties, golf communities, neighborhoods and subdivisions—it is indeed “a price war” and “a beauty contest.”
So, rather than moving up or contracting down, why not think of remodeling your current home, enjoy the results, and sell later if you have that option? I think it is important to keep in mind not only current trends but concentrate on “Trends with Staying Power”—that won’t ‘date’ the property—as in the older colors of olive green appliances and pink or mauve plumbing fixtures—eeek!
Do keep in mind that colors are so very personal, like a work of art, and that the more permanent fixtures of the home should be neutral or a soft shade of white or taupe. Those sellers who plan to sell in five years should focus on personalizing the home by using paint (inexpensive to change), backsplashes, and accessories.
The two rooms that consistently make the biggest impression on buyers are—without a doubt—kitchens and bathrooms. Even in today’s uncertain economic times, home owners and buyers are willing to spend on upgrades to these rooms. Their goal: Create that polished high-end look they’ve seen in magazines and on TV.
That being said, the NAR article gives statistics regarding the FIVE Kitchen and Bath Features Buyers want most:
36% - Separate shower enclosure in master bath
31% - Eat-in Kitchen
24% - High end appliances
23% - Granite countertops
21% - Kitchen Island
Source: NAR 2007 Profile of Buyers’ Home Feature Preferences