Aug 5, 2015
As a society, we are constantly migrating toward more efficient ways to work, live and spend our time. In real estate, this shift in our behavior is influencing the housing market, and data indicates that buyers are looking for efficiency in space and lifestyle in homes.
One way to measure demand is by looking at the number of days a home is on the market. Fully improved homes and newer homes are selling at a brisker pace than older homes in need of repair or updating.
A fully renovated expansive historic home is under contract in less than 30 days.
Houses that offer efficient spaces for today’s lifestyle are attractive for many reasons:
A mid-sized three bedroom home offers efficient spaces for modern buyers.
As a potential seller - even with an efficient home - fresh paint, new carpet and clean landscaping are still natural starting points to capture modern buyers.