I know that, at first glance, this info can look sort of useless-but, if you look closely, you'll see how valuable it can be. Read on if you're selling your home. Or if you're buying, but not exactly sure what you should be looking for. The facts below might just give you a clue into what buyers these days are thinking, wanting, needing:
Any sort of outdoor space is king nowadays. This home at 2608 Country Club in Midwood has made use of a side porch to lure in buyers...and those in search of relaxing!
- 85% of homes have either a porch, deck, or patio. If you're thinking about it: expand outward!
- Interior fireplaces are not as hot (no pun intended) as they used to be; only 1/3 of homes have a working fireplace. However, put a fireplace outside (see above), and you will be the coolest patio on the block!
- Most popular floor plan is the ranch. The days of the McMansions may be over: last year ranch homes accounted for 47% of new single-family home sales.
- Having a floor plan where the master is separated from the other bedrooms seems to be another popular floor plan choice.
- Most homes today have at least 6 rooms: at least 3 bedrooms and at least 2 bathrooms
- Average property size in 1973 was .36 acres. Today, the average property lot size is .27 acres
- Census Bureau research shows that homes built in 2009 were nearly 100 square feet smaller than the average home two years earlier.
Do we really need to add another half bath? (Probably, yes)
We only have a front stoop...should we add a back deck or a fireplace? (Um, deck!)
Should we renovate the attic and make it a master suite or just keep our master downstairs? (Move it up!)
This private, upstairs master makes the home at 2608 Country Club an owner's paradise
How does your home stack up to the current data found by HUD?
If you'd like me to come by and share my thoughts on how functional your floor plan is or which updates are more important, email me and I'm happy to come out.
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