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What's hot - what's not

Or . . . today's most desirable home features. (taken from Canada Realty News, May 2010 Newsletter).

Taking into account all types of buyers, from first timers to move-up and move-down, the market trend for exterior finish is toward the use of stone and stucco. Bungalows are also more popular as buyers trend toward placing multi-level homes on the 'maybe' list.

The trend to more space continues especially when it comes to three key rooms: the kitchen, family room and master bedroom. At the same time, the importance of living rooms and dining rooms get smaller and may even disappear altogether. We see this with the popular 'Great' room concept that melds living room, dining room and kitchen together.

Four bedrooms is the choice of many especially if they come with two living areas. One of the living areas can be the recreation room in the lower level or basement. Another item in demand is the master bedroom on the main floor for older buyers while a two car garage with storage area and a main floor laundry area is desirable for move-up buyers.

Move-up buyers generally place the most weight on the kitchen. They want an abundance of conter space, a butler's pantry, deep drawers and two sinks. In the upper end market, appliances concealed as cabinetry are very chic. So, large kitchens with an island and easy care, attractive, counter tops that work well with stylish cabinetry and back-splash are in.

Bathrooms: Luxurious bathrooms with a separate tub and multiple shower heads; pedestal sinks and large mirrors that give an over all spa like feeling; attached dressing rooms and a place to sit are all desirable fratures. Soaker tubs and whirlpools are still desirable but not as important as other features.

Energy Efficiency: With the green movement becoming more popular, energy efficient appliances, high efficiency furnaces, high efficiency insulation and windows are sellers. This combined with tech-ready items are a must for todays buyer.

Dining rooms out, home offices in. Many employers are seeing the business advantages of allowing employees to work from home. As well, many people are using work from home opportunities to help suplement income.

Hardwood flooring remains popular as does central air conditioning, recessed lighting and energy efficiency in general. And, of course, there is still location, location, location.

There you have it . . . if your home has all these things it should stand a good chance to sell relatively quickly in your market compared to other properties. If you are thinking of renovating toward selling, keep these suggestions in mind. 

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