Had a great first day at the International Builders Show learning about some great new home products, current trends and just some good ideas to approach marketing homes. A few takeaways for home sellers and new home builders –
Baby Boomers & Millennials have some things in common, notably they are both looking for low maintenance in their home and they both value quality of construction over a smart or tech savvy home.
Storage, storage, storage – A new home buyers survey reached out to buyers a year after they had moved into their home and asked them what the one most notable thing they thought they were getting in their new home but didn’t get. 92% said not enough storage. With many home buyers downsizing or right sizing designers and home sellers need to give thoughtful attention to the types of spaces, cabinetry and furniture in our homes, new or old to demonstrate adequate storage, and keep some white space in those closets and cupboards.
Colors and surfaces – Benjamin Moore named white the colour of the year for 2016, along with a number of other companies trending to neutrals and pastels as accent colours. Granite is still the the most predominant countertop surface being used but many feel it is becoming very common and a challenge to gauge quality. This has caused quartz surfaces and companies such as Caesarstone have more then doubled in market share in some areas, and a personal favourite with a beautiful colour palette with great constancy and performance.
Indoor / Outdoor living – Home buyers are focusing nearly as much on how a home connects and lives outdoors, and most would prefer less room in bedroom spaces if they could have more room and thought go into the outdoor spaces. Don’t let your outdoor space feel like and after thought. Furnish and layout that outdoor living space with as much thought as you would the main interior living spaces.
Just a few of my favourite points from my first day for home sellers and new hem builders to keep in mind. Stay tuned for more.