Real Estate Tips

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Blue Ridge Properties has compiled this list of tips to help with all of your real estate needs from staging and styling to sell your home fast to ensuring you get the best deal as a home buyer:

Getting Cozy

2016 marked the end of an era that began in 2009, when the size of newly built homes increased year after year. In 2015, the typical new home had 2,689 square feet, but in 2016, that number dropped by about 50 sq feet to 2,634, according to the US Census Bureau.

The National Association of Home Builders says it's a sign the Construction Industry is preparing for first time home buyers and millennials, who are after smaller, more affordable homes.

There's still a discrepancy, however, between what these buyers want and new homes coming up on the market, particularly on the smaller end. While nearly 30% of buyers want a home under 1,600 sq feet, only 13% of new homes hit that mark. On the other end, while only 15% of buyers want a home greater than 3,000 sq feet, 32% of new homes are that size or larger.

Other features that buyers want include the following:

* 44% want homes with more than two bathrooms (31% of existing homes have them,while 68% of new homes offer more than two bathrooms).

*45% of buyers want a completely open kitchen-dining area (51% of new homes are built with the kitchen and dining room completely open).

*32% of buyers want a home with a completely open kitchen-family room (54% of new homes are built with a completely open kitchen - family room arrangement).

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321 Broad St

423-247-4181
FAX:
423-247-8684

4610 Fort Henry Dr

423-239-0100
RENTALS:
423-928-4181




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