The Out of State Buyer Market is HOT. Here's What They're Looking For
It's no secret that Arizona is a great place to live, and the Valley is the place to be. Migration to Arizona has been taking place over the past few years and the benefits to living in Arizona are endless. Whether it’s cost of living, less traffic, employment opportunities or the amazing landscape and climate, Arizona tops the list for desired places to move. This is good news for Valley residents looking to sell their homes, especially in the luxury market. Knowing that potential buyers are coming to AZ seeking a certain lifestyle is half the story. Understanding what these buyers are looking for is the key to true success in the real estate market. Potential buyers are arriving in your neighborhoods, and here is what grabs their attention.
Outdoor Space
The allure of living in Arizona is the ability to be outdoors. Home buyers are looking for well-designed yards or open land that can be transformed into comfortable outdoor living space. A luxury home that can boast indoor/outdoor living and entertaining is very desirable and can gain a buyer’s attention. Fireplaces, water features, pools, outdoor TVs, sprawling gardens, sports courts, and outdoor kitchens are high on wish lists when viewing homes in the Valley of the Sun. Outdoor areas offer more space to entertain and expand a family’s living space. Eating outdoors while enjoying the desert sunset is something homeowners desire to experience and everyone loves to picture drinks on the patio with old friends.
Pools
Speaking of outdoors, an outdoor living space is not complete without a pool. During the pandemic we saw a historic increase in pool demand. With travel restrictions, people opted to turn their backyards into mini resorts. The demand for pools drove an already costly endeavor even higher and wait times for pools significantly increased. Currently, it remains true that a house with a pool is more desirable than the ability to build a pool. Buyers will choose a home with a pool rather than opt for the cost and headache of building a new one. Even your old, outdated pool could be a goldmine.
Guest Suites
When you live somewhere as beautiful as Arizona, you have to be ready for visitors. Buyers are looking for a place for winter guests and holiday or even everyday visitors to stay including a bedroom with its own full bathroom. Homes with a guest room, guest suite or large open space that can be converted are extremely desirable in this market.
Open Floor Plans
The biggest deal breaker for home buyers is a non-functional kitchen. Current buyers like an open concept kitchen and family living space. The modern family functions well when living and eating spaces are blended and families can share more space during the busy, active days living in AZ. Flexible spaces allow for more than just eating; homework, crafting and family game night can all be held in the open space a flexible floor plan can provide
Home Office
With more people working from home, having a designated distraction free workspace is a huge attraction to potential buyers. Simply adding a desk and office chair to a spare bedroom can encourage buyers to sign on the dotted line.
Storage
Growing families and a lifestyle of luxury requires storage. Not only does a garage house our cars, but it stores sports equipment, bicycles, scooters, and maybe even a golf cart or recreational vehicle. Sellers should be sure to clear out a space that a potential buyer can envision for all these fun toys.
Is it Time to Sell?
If you are serious about selling your home, The Bruske Team is ready to find the perfect buyer. We have the resources and experience to market your home in a way like no other. In addition, we bring an extensive network in the Engel and Volkers family. Your home will be seen nationwide and internationally giving you the best chance for success.
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