According to the National Association of Realtors, first time home homebuyers are about 31 years in age on average. So when you sell your home, it will likely be to younger buyers. It’s also been much easier for younger families to buy a first home.
When it comes to staging your home, you need to keep the younger buyers in mind. Just like the generations before them, this generation has their own unique needs and wants in a home. How can you make your home appeal to this growing market? Here’s a few tips.
Open Floor Plans
Younger buyers no longer want the formal setting of a dining room for entertaining. They want a more open feel that make entertaining easier. Rooms that flow together are highly sought after.
Working From Home
First time buyers are more likely to be working from home. They need extra space for a home office, even if they work from home part-time.
Young buyers already have plenty of bills: cell phone bills, cable bills, car payments, student-loan debt and more. Therefore, many don’t ant to spend extra on landscaping and other high maintenance features, or old appliances that will soon need upgrading. Make sure your home is ready to move in and doesn’t need a lot of extras.
Use Neutral Colors
Buyers under 40 are not really into the gold or pink walls any more. Think about painting the walls a more neutral color. This will allow potential buyers to envision their own accent colors and furniture to make it their own.
Open Up the Shower
Open showers are all the rage. Younger buyers aren’t as attracted to the old tub and shower configuration. If you have it in your budget, consider remodeling your bath to include an open shower design.
White or off-white cabinets not only brighten up the kitchen, but the younger buyers are more attracted to it. They don’t want to be reminded of mom’s old dark cabinets. You might try Benjamin Moore’s Advance paint, as it requires little prep work.
Stainless Steel Appliances
Old appliances can be a big turnoff for younger buyers. Many love stainless steel appliances, and for good reason. If you have it in your budget, consider updating your appliances if they look dated.
Young buyers really love granite and stone countertops. But keep it simple. Don’t go with busy designs. Black countertops or designs that are simple are the best.
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