Before they even sign on the proverbial dotted line, some first-time homebuyer are already worried about the resale value of their new homes. Most everyone wants to buy a home for their family to enjoy. But at the back of the mind, it’s only natural to wonder whether the home will appeal to the next house hunters.
It’s a fact that we live in a more transient world. And, there’s nothing wrong with buying a California home that you can appreciate for its aesthetic value while it also appreciates in monetary value. According to an article by USA Today, there are certain desirable features that are worth the higher cost for a typical homebuyer.
Homes that are newer: According to a USA Today report, homebuyers are more willing to spend money on a home that is less than 5 years old. If you have a job transfer that requires you move after three or four years, it’s highly likely your new construction home will still sell at a premium. The key is to keep it as clean and neat as it was when you purchased it.
Culinary retreats: Homebuyers pay about $1,850 extra for kitchens that come with stainless steel appliances, according to the report. Twenty-three percent of people ages 35 to 54 said stainless steel appliances are “very important.” In general, kitchen upgrades often pay off in terms of resale value. Fifty-five percent of homebuyers were willing to pay more for granite countertops.
Although homebuyers might not think about it consciously, they may be drawn to townhome units, condos or houses that have spectacular views and space for outdoor living. Choosing homes with decks, porches and balconies can help with the resale value.
If you are looking to buy a new home in Milpitas, San Jose and Silver Lake California, contact us here at Trumark Homes. We can help put your mind at ease about resale values and answer other questions you might have as a first-time homebuyer.