As a hard money lender in Atlanta, we’ve discussed home improvement plans with hundreds of people – and one common theme seems to be emerging: people really want low-maintenance homes.
That’s something worth remembering if you’re flipping houses in Atlanta.
Why Do Today’s Buyers Want Low-Maintenance Homes?
“Most young homebuyers grew up watching their parents spend weekends with their honey-do lists, or they had chores to do on the weekends,” says Lou Cardillo, a NY real estate professional. “Most young buyers are not going to follow in their parents’ footsteps. They don’t want to do that stuff… They want their weekends to themselves and don’t really want to be cleaning gutters or cutting the grass.”
It makes sense – and couple that with the fact that many younger buyers prefer a turn-key home that’s ready right out of the gate, and you have a perfect understanding of why buyers prefer low-maintenance homes.
But this actually goes a little farther.
Low-maintenance means LED lightbulbs, smart devices, and other technology that makes life easier. No, you don’t have to go all-out (and you probably shouldn’t) on creating a smart home; it might not pay off when you sell. However, you should make the right investments in the right places – such as energy-efficient appliances (including those LED bulbs where possible) and low-maintenance fixtures.
Do You Need a Hard Money Loan in Atlanta?
Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check out our loan criteria and read our frequently asked questions so you can learn a little more about the hard money lending process.