We’re nearly a full calendar year into the pandemic, and yet Colorado’s real estate market remains hot. So if you’re hoping to sell your home in 2021, you’re in luck. Home prices are still on the rise, and inventory continues to be a challenge for many buyers.
But don’t assume that you’ll receive top dollar for your residence because of the market alone. Sellers can save themselves a lot of stress by updating their properties in advance.
Continue reading as we discuss the popular home trends in 2021.
Remote classroom and office
Coloradans turned their kitchens and living rooms into workspaces last March. Though some employers are starting to allow personnel back into the office, others view working from home as the new normal. At-home learning also provides flexibility for schools even when the pandemic ends.
What does this mean for you as a seller? Well, there’s a good chance that aspiring buyers could find added value in a rarely used room in your home. Ask your real estate agent about potentially staging this space as an office.
Outdoor living space
The pandemic showed us a need to be outside in the fresh air. Many families decided to use the money they would’ve put toward a summer vacation on a deck or patio. These additions are some of the most worthwhile home improvement projects because of the return on investment.
Don’t think that you have to break the bank on this project. If you’d rather not splurge on a deck, opt for more budget-friendly options such as a firepit and exterior lighting. Your yard can be an extension of your living room with the right execution.
It doesn’t take long for a homeowner to fill up their new place with stuff. And the longer you live in a home, the more things you acquire. That’s why it’s critical to have sufficient storage space when the time comes to sell your house.
Think of creative ways to add storage, too. Maybe you can install shelving in the garage or hire someone who’s done it before. On the other hand, perhaps there are storage opportunities in the crawl space.
According to Kiplinger, a whopping 85% of buyers want this feature in their new home. Why such a high percentage? Exterior lighting is not only aesthetically pleasing but also contributes another layer of safety to your property.
Keep in mind that outside lighting can grab the attention of buyers before they enter your home. But not all such lighting is the same across the board. Spend some time researching the top-rated products and then consult a professional for installation.
You’ve probably heard that the kitchen is the heart of a home. Use this downtime in the winter to brainstorm ideas, both big and small. Sellers can’t go wrong with adding a backsplash, refinishing the cabinets, or replacing several appliances.
Those with a larger budget might consider installing hardwood flooring in at least the main living areas. Though it costs a pretty penny, this type of flooring typically lasts a lifetime. Plus, carpet must be replaced every ten years or so.
If you’re hoping to wow buyers and drive up the price of your home, hardwood flooring is an excellent place to start. Not sure if you have the funds to pay for this project in cash? A home improvement loan could be a practical financing option.
Real estate professionals believe that trending interior colors will be blues, browns, and yellows. We encourage you to check out this article from Southern Living for greater insight on this topic. Pro tip: there are ways to paint like a pro without having to hire one.
Let us help you sell your home
At American Home Agents, our realtors know buyers’ preferences inside and out. That expertise coupled with years of experience in the Denver area makes us a premier real estate brokerage.
It’s undoubtedly an exciting time to be selling a home in Denver. Whether you’re moving into a larger home or downsizing, we would be happy to assist you throughout the process.
Ready to get started or at least see how much your home is worth? Contact American Home Agents today for more information.