Attending open house events is a critical element of the real estate market. As buyers, sellers, and realtors know firsthand, an open house provides a range of features to explore before making any determination on whether or not it fits your needs—but too often, we tend to overlook some of the more detail-orientated elements that could make all the difference in making this home yours. Knowing what questions you should be asking can be just as important as knowing which areas are worth exploring in greater depth; today, we'll guide you through these overlooked characteristics so that when it comes time to buy or sell a property, you aren't caught unprepared. Here are 7 detailed features of an open house that deserve your attention!
Natural Lighting
According to a study by the National Association of Home Builders, 84% of homebuyers consider natural light an essential feature when purchasing a home. When exploring open houses, note how much natural light enters each room. Ample natural lighting creates a bright and inviting atmosphere and helps reduce energy consumption. Look for large windows, skylights, and open floor plans that maximize the flow of natural light throughout the house.
Storage Space
In a National Association of Home Builders survey, 91% of buyers considered ample storage space a critical factor when choosing a home.
Storage space is often overlooked during open house visits, but it's an essential feature that can significantly enhance your day-to-day living. Check for good closets, cabinets, and storage areas to accommodate your belongings. Adequate storage will help keep your living spaces organized and clutter-free.
Energy Efficiency
The U.S. Energy Information Administration reports that heating and cooling account for approximately 48% of the energy use in a typical home. Consider the energy efficiency of the house you're visiting. Look for energy-efficient appliances, adequately insulated windows and doors, and efficient heating and cooling systems. Energy-efficient homes help reduce your carbon footprint and save you money on utility bills in the long run.
Noise Levels
According to a study by the World Health Organization, excessive noise can negatively impact health, sleep quality, and overall well-being. Pay attention to the noise levels inside and outside the house. Take note of any nearby noise sources, such as busy roads, airports, or construction sites. Insulated walls, double-paned windows, and thoughtful landscaping can significantly reduce noise disturbances, providing a peaceful living environment.
Outdoor Spaces
The American Society of Landscape Architects found that well-designed outdoor spaces can increase property value by up to 20%. Remember to explore the outdoor areas during an open house. Consider the size and layout of the yard, patio, or balcony. A well-designed outdoor space can serve as an extension of your living area and provide a tranquil retreat for relaxation or entertainment.
Maintenance Requirements
A survey by Porch.com found that home maintenance costs average around $9,400 per year. While walking through an open house, note any signs of neglect or potential maintenance issues. Look for water stains, cracked walls or ceilings, and signs of pest infestation. Understanding the maintenance requirements upfront will help you assess the long-term costs and decide if the property aligns with your budget and lifestyle.
Future Expansion Potential
According to Remodeling Magazine, adding a bathroom can provide a 56% return on investment, while adding a deck can give a 75% return. Consider the potential for future expansion or renovations in the house. Look for unused spaces, such as basements or attic areas, that can be converted into additional living spaces. Assessing the potential for future improvements can enhance your living experience and increase the value of your investment.
Open houses are a great way to learn more about the home and, potentially, a community you may want to join. Thoroughly noticing the details that have been highlighted in this post can ensure that whether you end up moving into the house or not, the time spent was well worth it. Of course, every open house is different, and depending on what catches your eye, there may be even more features to note. We hope these tips give you insight into aspects of an open house that are often overlooked but still deserve your attention. Watch for these key features next time you visit a potential new home. Let us know if you're feeling overwhelmed with all the steps involved in making such a big transition! Our team has experience helping clients like yourself avoid costly mistakes throughout their move. Remember to thoroughly review the positives and negatives of each property so you can make sure it's right for you - no matter how small or seemingly insignificant the attributes appear at first glance. With this knowledge and our help, we're confident that together we will ensure your next move is a success. So if you're ready to start looking for your dream home or need advice on where to begin, let's connect so you have a strong plan!