Australian housing is ever changing to meet the needs of new generations. If you’re looking to sell your home in the near future, it’s worth understanding what the market is looking for especially with building costs so high – not everyone is so willing to renovate, apart from millennials. Upgrading your home will only increase its value so why not make some changes if you have the time and money to do so? According to a 2019 survey with Houzz, increasing resale value is the third top priority for renovating a home in Australia.
Size
The size of a home always mattered, but now home shoppers are realising that small has its benefits. In saying that, don’t worry about making your house larger, but instead create more efficiency & hidden storage space so that small works just as good as (or even better than) large.
Wellness
Spaces that allow people to be healthy physically or mentally are very attractive these days with wellness being a priority in everyone’s life. Whether a home gym or zen den, wellness architecture is sure on the rise. This also includes your outdoor space as nature is both rejuvenating and relaxing. Think of the word ‘retreat’ when you plan your indoor & outdoor spaces of wellness.
Sustainability
Is your home eco-friendly? With the planet’s struggles and with high energy costs nowadays, buyers are looking for a home that’s sustainable, but built to last. From solar paneling to rain water tanks, it’s worth upgrading your home, not just to sell it, but to help save the planet.
Flexibility
Homes need to grow with a family so having the flexibility to make changes in the future is key. When buying a home, families are thinking long term and sometimes they need help visualising. You may not even need to make any renovations here, but rather come up with ideas and opportunities for potential buyers.
