What Are 6 Things Buyers Hate to See in a Home?

There are certain features of a home that turn buyers off more than others. We are here to tell you what those features are.

Looking to buy in Alaska?  Get a full home search
 Looking to sell in Alaska? Get a free Home Price Evaluation

When selling, you want your home to look as good as possible for potential buyers. In order to do that, you need to know what potential buyers don’t want to see. We have compiled a list of some of the least desirable home features out there so you can avoid turning buyers off. Here’s what you should avoid:

1. Outdated countertops. Update your countertops with laminate, granite, quartz, or Corian/HI-MACS if you can afford it. Check with your agent first, though, because this update might not be smart based on your situation.

2. Brightly colored walls. Pink, purple, or blue walls might work for your style or furniture, but they might not work for a potential home buyer who wants to envision themself living in the home. Paint with neutral colors to make your home a blank canvas with potential buyers, but avoid white, as it is actually a sterile color and does not convey a warm environment.

3. Carpet in the bathrooms. Replace it with tile or laminate and walk away.

Carpet in the bathroom is a huge mistake.

4. Outdated kitchen appliances. Buyers pay special attention to kitchens. If you have outdated or mismatched appliances, they will be turned off. Replace your appliances by watching for package sales. The investment could be well worth it depending on your situation.

5. Lack of light. Buyers don't want to walk through a cave. Open up your windows, pull your curtains back, and let that natural light in to make the home inviting and bright. LED or incandescent lights are easily installed and will come on bright with no warm up time.

6. Outdated lighting and fixtures. This is a really easy update to make. You can update your lighting fixtures and door hardware for less than $1,000 and it will change the entire look of your home. Try brushed nickel or oil-rubbed bronze instead of brass. If it’s made of fake brass or wood, it’s likely dated.

If you have any questions for us, feel free to reach out by giving us a call or sending us an email. Ask us a question in the question box below and if we use your question in our next video, we will send you a $25 gift certificate as a thank you. We look forward to hearing from you soon.

How Do You Know If You’re Ready to Buy a Home?

Only you and your family will know if it is the right time to buy a home. Here are three questions you should ask yourself before making a decision.

Looking to buy in Alaska?  Get a full home search
 Looking to sell in Alaska? Get a free Home Price Evaluation

If you’re looking to buy a home right now, you’re probably getting all kinds of advice from your friends and family. However, they might not be aware of your needs and what’s actually happening in today’s marketplace. Luckily, there are three questions that will help you determine whether now is actually a good time to buy in today’s market. 

1. Why are you buying a home in the first place? Forget finances for a minute and just think about why you began considering purchasing a home in the first place. For most people, the reason has nothing to do with money. What does owning a home actually mean to you? Which non-financial benefits will you and your family gain from actually owning a home? 

For most people, buying a home has nothing to do with money.

There are four main reasons that people own a home. First and foremost, you need a safe place to live. If you’re moving to Alaska, you’ve probably figured out that the rental market can be a little tight. If you’re looking to find safe and affordable housing, buying may be your best option. 

Another reason to own a home would be to have a place to raise your children. School districts can be very important to buyers with kids. 

You also might need more space for you and your family or you might want control of your space. I was in the military, so I had the option of being in post quarters. I wanted to be off-post with an acre of land. You can have all the space you want if you buy a home. 

The fourth reason comes down to what makes financial sense for you. Rental rates in Alaska are high right now, so if you’re going to live in the house for three years or more, buying a home will be a much better option for you than renting. 

2. Where are home values headed? CoreLogic projected a 5.3% increase in home values over the next 12 months across the nation. Based on that information, if you’re planning on buying a home that costs $250,000 today, that home will cost you an additional $13,250 if you wait until next year. You will also need a higher down payment to account for that increased home price. Timing is everything in real estate, so be sure to buy while home values are on the upswing. 

3. Where are mortgage interest rates headed? As you know, the long-term cost of a home can be dramatically affected by interest rates. Interest rates are going to go up, but we don’t know when. The Mortgage Bankers Association, National Association of Realtors, Fannie Mae, and Freddie Mac have all projected that interest rates will increase over the next 12 months, so it’s fairly likely that interest rates will go up soon. 

Only you and your family will know for sure whether now is the right time to buy a home. Answering these three questions will help you make that decision. If you have any other questions, give us a call or send us an email. My team and I would be happy to help you!