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8
Why Home Is Where the Square Footage Is
With everyone spending more time at home due to the pandemic, potential buyers are now looking for increased square footage in homes. They tend to look for more living space and outdoor features and favor these attributes over granite countertops, stainless steel appliances, and other amenities that don't affect the amount of living space.
Our REALTORS ® explain why homebuyers want more square footage when they're looking for Beavercreek homes for sale and how sellers can make the most of available space to appeal to buyers.
The Need for More Square Footage
- They need more personal space
Being at home with significant others may have brought homeowners and their families closer, but it may also leave them craving some more personal space, point2homes.com says. Even when homeowners' budgets prevent them from buying as much square footage as they'd like, they look for homes that are better compartmentalized and have more bedrooms and bathrooms. Open floor plans used to be the most popular, but homeowners are now looking for distinct rooms that offer some privacy. - Millennials want more space
Millennials may be accustomed to living in student housing, studio apartments, and small starter homes. So when they're looking to buy a new home, they tend to place a high priority on getting more square footage, according to trulia.com. In fact, a larger percentage of millennials are looking for a large home when compared with other generations.
Highlight More Available Space
- Make it a key selling point in marketing
As you work with a real estate agent, talk about how your home's square footage compares to other houses in the area. If it's larger than average, make sure its square footage is prominently mentioned in advertising and showings. - Boost your outdoor living area
Outdoor living areas have become a popular place to spend time during the pandemic, so if your home has this amenity, it's time to highlight it. You may even want to add a deck or patio or increase the size of your current one since it's an easy way to add outdoor living space. You can also add amenities such as an outdoor kitchen. Although it doesn't technically add to your home's square footage, it increases its usable space and is very appealing to prospective buyers. - Make your home seem even bigger
Even if your home has a lot of square footage, it can seem smaller if it's cluttered. So while your home is on the market, move any furniture that you can temporarily live without to a storage unit and declutter rooms, closets, cabinets, and other areas. - Add square footage
If your home isn't on the larger side, consider adding a new room, which may prove to be less expensive than you think. You can also convert an area like an attic, basement, or garage into a livable interior room to add additional square footage.
Contact Wright-Patt Realty to find out more about the importance of square footage when you're selling your home. Our experienced real estate agents can market your home to its best advantage and give you tips to make it appeal to buyers.