Selling your home comes with so many considerations. A range of factors and decisions could affect your success. However, an understanding of home buyers can guide your decisions. This post will explore the factors influencing home buyers in Michigan.
Michigan Lakes Real Estate Market Watch
As of May 2024, the median price per square foot of a home in Cass County is $164. However, market trends are constantly changing. Contact the Michigan Lakes Real Estate Team for help buying and selling lakefront property in Southern Michigan.
Home Buyers in Michigan: What Do They Want From a Home?
Energy Efficiency
Electricity costs continue to increase each year, making homes with energy-efficient features popular among buyers. Features like solar panels, insulation upgrades, new windows, and Energy Star appliances will attract Michigan home buyers.
Safety and Accessibility
Safety and convenience are also significant factors. Proximity to amenities such as grocery stores, gas stations, and schools will shape their decisions. Walkability is another factor driving decisions. Modern home buyers love the idea of being able to walk to most places they need to go.
Spare Rooms
Many new home buyers like the idea of having a spare room. For some, it might be for guest accommodations. However, remote work is a significant factor driving this trend. Having a spare room to convert into an office could be attractive to people who work from home.
Good Lighting
People want bright and inviting spaces. Beyond having better light fixtures, Michigan home buyers want homes with lots of natural light. It makes the house more inviting and can save money on electricity.
Large Windows
Large windows allow light to come through, which provides light and warmth in the home. Another good thing about having expansive windows is seeing the colorful landscape, especially during fall.
Ample Storage
Many modern buyers want extra storage. They are looking for large cabinets, garages with storage solutions, sheds, and dedicated storage rooms.
Patios and Outdoor Spaces
People want to enjoy the outdoor spaces on their Michigan property. They look for features like patios, decks, outdoor kitchens, fire pits, and more.
Modern Kitchens
People want a good place to cook and eat meals in their new homes. A home with a modern kitchen will attract more buyers and get a higher price.
Do you need to buy or sell a lake home in Southern Michigan? Click here to reach the Michigan Lakes Real Estate Team. We are local experts in the lakefront real estate market. Reach out now to learn more about our services.
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