Today’s buyers want move-in ready homes, and a new survey points to exactly what that means.
More than 70 percent of buyers want a move-in ready home, and that ultimately breaks down to a home that has updated heating and cooling and an updated kitchen and bathroom (more than 80 percent expect those features to qualify as move-in ready) and they want new appliances (74 percent), according to a recent survey by Coldwell Banker. To a lesser but still notable degree, buyers feel a move-in ready home has smart home technology installed (44 percent).
Additionally, 57 percent of those buyers that want a move-in ready home would consider an older home updated with smart home technology.
Apparently, survey respondents want the technology but they really don’t want to sift through the options and install it themselves. Thirty-six percent of all respondents believe that having smart technology is a major selling point when buying a home, but 32 percent feel they are too intimidated to install it themselves.
And while the millennial generation certainly leans hardest toward this technology with 61 percent interested in it, 52 percent of Gen Xers and 50 percent of baby boomers do as well.
Taking that first leap and making the investment in smart home technology may wind up being an investment in your home’s value.
(Photo credit: Creative Commons/Nathan O’Nions)