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What
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Just like cars, clothing, and anything
else that people buy with their hard-earned money, real estate goes
through many a trend. The answer to what's hot in today's real estate
market can be found by looking at new houses being built as well as
popular renovations being done to older properties. If you consider
the lifestyle of today's families, it's not difficult to see why these
trends are becoming so big- and why they're likely to stay around for
awhile.
Today's homeowners want open spaces more than almost anything. Even
if a house is small on square footage, the lack of walls and enclosed
areas is a big plus in today's market, where people want a feeling of
freedom and luxury. Low ceilings, solidly divided rooms, and narrow
entryways are relics of the past that can still be found in many homes
built in the 70s and 80s, and people are paying big money to have those
features removed and renovated. More and more new homes are being built
with cathedral ceilings and front doors that open directly into large
living spaces. Even a smaller house, built with a lower budget and sold
with a lower price tag, can benefit from losing a few walls and gaining
a feeling of open space. This trend is all about the sensation you get
when you walk in the door: Today's homebuyers want houses that feel
big, even if they aren't.
Speaking of size, there are two rooms in today's homes that are increasing
in popularity, and thus in average size. These are the kitchen and the
master bedroom. Today's home builders and buyers are willing to sacrifice
some space in other areas, like the family room or the bathrooms, in
order to have a large informal eating area or a double-sized master
bedroom. Kitchens with a breakfast bar that overlooks the living room,
and master bedrooms with their own baths and even outdoor patios, are
huge selling points in today's market that can outshine the fact that
a house might be a little lacking in other areas. It has to do with
the way families are living today, experts claim. With hectic schedules
and little time together, meals are becoming more and more important,
and working parents like to be able to have everyone together in the
kitchen, or near it, while they're cooking and serving. As for the popularity
of large and luxurious master bedrooms, the reasoning is obvious: Today's
busy homeowner has a very strong desire for rest and relaxation. A good-sized
master bedroom provides a retreat and a private area for the grown-ups
in the house to have to themselves.
So if you're planning to sell your home in the near future, or if you're
hoping to build or renovate a house for profit, take a good look at
these current trends. Regardless of the size of your particular property,
adjusting it to match what homeowners want most in today's market can
result in big payoffs.
About The Author:
Peter Dobler is a veteran in the IT business. His passion for experimenting
with new internet marketing strategies leads him to explore new niche
markets.
Read more about his experience with real estate; visit
http://real-estate.online-business-idea.com
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