What Buyers Want
I get asked to give my opinion as to what Buyers want, based on what I’m seeing the current market. Right now, we are still in a pandemic. A lot of us are still only getting out of the house for essential, necessary outings. People are “living” in their houses more than ever. We are seeing the same walls, with the same pictures, and the same furniture. Our dose of outdoors or change of scenery may be limited to a patio with a couple of chairs and a walk in our neighborhood without sidewalks or place for pets and children to run out their energy. Here is my answer, currently, to what Buyers want.
- Separate spaces. Is “open concept” a thing of the past? Maybe. Too much togetherness has caused homeowners to yearn for a space to get away. It could just be a breakfast nook instead of sitting at an island or perhaps an extra bedroom as an escape from the chaos that is happening elsewhere.
- Home offices. With a large number of business owners, independent contractors, and employees working from home, we are seeing the need for more than just setting up shop at the dining room table. It could just be a large bonus room that is big enough to accommodate a desk and filing cabinet but a designated work area is definitely at the top of the list.
- Classroom. Most parents are not actually going to set up a true classroom for their children, however, being that students are attending virtual classes and doing schoolwork online, they do need a quiet space for them to work. If there is more than one student at home, this creates an even bigger challenge and may take some creativity to achieve.
- Less space. Yes, you heard me correctly. Not everyone is busting at the seams. Smaller families, couples, or single homeowners may be realizing that there is a lot of wasted space in their home. It may be that even though they haven’t left their house in two weeks, they still haven’t entered that formal living room that they still have to clean, heat and cool. Since they aren’t having slumber parties and dinner with friends, it could be that they have re-thought their actual needs.
- Outdoor living. So many people have realized that they could do with less indoor space if they had a covered patio, a garden, or a pool. Outdoor space can make you feel as if you added square footage to your home, simply by having an area for a couch to relax on or a yard to occupy idle time.
- Kitchens. I don’t know if you have had the same experience as me, but my social media has been inundated with food pictures for months now. I, myself, have spent many more hours in the kitchen. This has brought our attention to what we don’t have. If we just space for that air fryer. That 6-burner gas stove with the griddle feature would allow us to prepare meals fit to be featured on the Food Network. Kitchens have become an even more important feature for buyers.
- Man-cave/Hobby Room/Garage. An extra bedroom doubling as a get away space may not be exactly what you had in mind. You may want to start a project and you may want a space you don’t mind getting dirty. Crafts, wood working, mechanics, painting, sculpting, etc. Many have taken up new ways to entertain themselves or rekindled a love for a hobby they had years ago but just didn’t have time for anymore. With more time on their hands, some homeowners have binge watched Netflix all they can handle and are ready to use their minds for something creative and just need a space in which to do it.
Michelle Froedge is a residential Realtor and Principal Broker in the Greater Nashville and Williamson County areas of Tennessee. “Mom” to four-legged fur baby, Tyler, Auntie to Zelamie, she is a vegetarian and sings in her spare time. Michelle has lived in Nashville and Franklin since 1997 and has been selling homes since 2004.