The Wall Street Journal came out with an article with the top 10 upgrades to sell your home for top dollar. While these upgrades aren’t specific to Utah, these ideas will help to separate your home and make it stand out, generate a higher price, and sell faster compared to the other homes on the market.
Here are the top upgrades listed in the article that are popular with buyers of luxury homes.
Listed in no particular order:
1. Retractable Glass Walls - Helps to bring in as much natural light in the home, helps the home feel open and modern.
2. High Ceilings - Cathedral ceilings, vaulted ceilings, ten-foot or higher ceilings are very popular and make a room fill spacious and add volume to a room.
3. Quartzite countertops - This natural stone has quickly replaced granite as the preferred countertop material choice for kitchens. The stone comes in a broad variety, provides a crisp look, and is less likely to stain than marble.
4. Butler’s Pantry - Think ice makers that make the pebble ice, wine fridge, an extra dishwasher, a warming oven, and other extras that can help with entertaining.
5. Smart Home Systems - Whether it is Vivint, Homeseer, Samsung Smarthings, Control4, Nest, Iris, or some other system that is designed to automate and simplify everything from lighting and thermostat to window treatments and streaming music to different parts of the house. People love these and not only do they simplify thermostats, music streaming, etc, but they also can reduce power usage.
6. Larger Garages - People love garages. Lots of people have extra cars, bikes, motorcycles, boats, side by sides, or other toys. Having a larger garage really resonates with Utah home buyers.
7. Mother-in-law, Barn, Carriage House or other outbuildings - It seems that every other person I talk to these days is looking for a home with a mother in law apt and they are in high demand as are barns and other outbuildings that can be used either as a rental or other functional space. You can see a current list of Utah homes with mother in law apartments here (also referred to as homes with accessory apartments) You can also see a list of current Utah homes with workshops here.
8. Spa Bathrooms - I have seen more and more upgraded master bathrooms with steam showers and stand-alone tubs and homeowners who are installing these after purchasing. The article also talks about high-end Japanese toilets, but haven’t seen that as often, at least not in many Utah real estate markets.
9. Natural Decor - Neutral tones for furniture, paint choices, and flooring choices.
10. Generator - This has become very popular and not just for “Preppers” (People focused on emergency preparedness), particularly in areas impacted by hurricanes over the last few years.
The Wall Street Journal article goes on to mention several turn-offs to luxury home buyers according to designers. They are:
2. Jetted bathtubs
3. French Doors with mullions
4. Unsightly built-in entertainment systems
6. Heavy brown furniture