Guest Blog By: Lisa Roberts
Upgrading your property with features that add convenience and functionality could significantly increase its value and attract buyers. Many homeowners make the mistake of not updating their homes when preparing for sale. Don’t be one of them. The Las Vegas housing market may have slowed down due to coronavirus pandemic, but that doesn’t mean future sellers should skip upgrading their homes. If you are planning on selling your Las Vegas home soon, focus on the features that buyers are keen on having. If you’re wondering what these critical home features Las Vegas home buyers value the most are, here’s what you need to know.
Top 9 Home Features Las Vegas Home Buyers Value the Most
1 Modern/Open Concept Kitchen
A growing number of buyers (mostly younger), place a higher priority on having an open concept kitchen. A spacious kitchen with a kitchen island and an inclusive eating area is particularly valued among buyers with kids. Modern kitchen upgrades homebuyers appreciate the most include stainless steel appliances, stylish cabinets with modern hardware, a walk-in pantry, double kitchen sinks and granite, marble, or quartz countertops.
2. Energy-efficient Home Features
Energy efficiency is another factor you should take into consideration. Today’s homebuyers are definitely willing to pay extra to save money on utility costs. Replacing old appliances with energy-efficient alternatives is a simple yet valued home upgrade. Energy efficiency covers a wide range of features, including home appliances, lighting, windows and doors. High-efficiency insulation and energy-efficient air conditioning systems are also desirable. Ceiling fans are a must-have home feature in warmer states such as Nevada. They create a pleasant wind-chill effect that helps beat the Las Vegas heat while saving energy. Energy-efficient ceiling fans can help control cooling costs when combined with an air conditioner during the hottest part of the year.
3. Master Bathroom
A master bathroom is also considered an attractive selling feature these days. A master bathroom is a spacious bathroom with a sink, a shower, and a tub that you can enter from the largest bedroom in the house called the master bedroom. A lot of buyers are looking for a bathroom with two sinks, a custom bathroom vanity/makeup area, and a separate shower enclosure.
4. Hardwood Flooring
Hardwood flooring is another of the top home features Las Vegas buyers are looking for. Hardwood flooring is easier to clean and maintain than carpeting, it can be refinished periodically and last a lifetime if maintained properly. Although more expensive, authentic hardwood is more durable and easier to refinish compared to engineered wood (a popular material that simulates solid wood). If you can install this type of flooring by yourself, your investment will pay off even more.
5. Walk-in Closet
Closet storage space is often more valued than attic and basement storage space. For many Las Vegas home buyers, a walk-in closet is an absolute must and the absence of one may be a dealbreaker. In addition to providing storage space, a large walk-in closet also provides a stylish space to showcase clothes and accessories, as well as a private space for getting dressed or relaxing. Adding a walk-in closet to the master bedroom would be ideal, but if that isn’t possible, add it somewhere else by repurposing a spare room.
6. Laundry Room
A laundry room also ranks highly on most lists of home features Las Vegas home buyers value the most because of its convenience and high functionality. Having a dedicated space do the sorting, ironing, folding and other chores makes the whole process easier. Incorporating a separate laundry room with space-saving washers and dryers (ideally upstairs close to a bedroom or on the main floor) would be a great addition to your Las Vegas home.
Since an average Las Vegas household has two cars, garages are highly sought after among buyers. Homebuyers are well aware that a garage can be a functional extension of their living space. A garage provides storage space not only for vehicles but also for tools and other items. If you buy a home with a spacious garage, having this additional storage space for your boxes can help you move to your brand new home hassle-free. Having a finished garage opens a number of possibilities such as converting that space into an office, a man cave or even renting it out.
8. Outdoor Home Features Las Vegas Home Buyers Want
It’s important for sellers not to neglect the home’s backyard area. People love a home with a yard where they can watch their kids and pets play and entertain guests. Today’s homebuyers know exactly what they want and they are rarely willing to compromise. Most of them value outdoor space and are willing to pay extra for a patio, back porch or deck. These popular outdoor home features offer more living space without the high cost of a large-scale home addition.
9. Inground Pool
Concluding our list of the home features Las Vegas home buyers value the most is an outdoor pool. Generally speaking, a pool may or may not increase your home’s value, and the home’s location has a lot to do with that. In certain climates, homes with pools sell faster and for more money. Surviving high temperatures is much easier with a pool to help you relax and cool off. In the Southern Nevada real estate market, having a pool in your backyard is highly desirable. Therefore, an inground pool could be a major boost to your home’s value. However, installing an inground pool is not a small, inexpensive project. Have in mind that adding one can take months and cost tens of thousands of dollars.