There are many renovations that you can invest in before putting your house on the market for a higher return. Retractable glass doors are one of the most sought-after features in homes right now due to how much natural light they allow into the premises. Traditional butler’s pantries are also becoming more in demand with how they can hide additional messes that occur during prep work. For those who are willing to spend over one million on a new home, a spa bathroom is something that almost every buyer expects.
- Currently, the market for luxury homes is slowing down, as the supply is outstripping the demand.
- Buyers are willing to pay more for vaulted ceilings, cathedral ceilings, and ceilings over ten feet high.
- Homes with a butler’s pantry are selling faster, especially if the butler’s pantry is equipped with a wine refrigerator or dishwasher.
““Sales have been slow over the last six months—you really have to stand out. Their place showed like a model unit,” said Lauren Schuh-Dayton, the couple’s real-estate agent and vice president of sales for Jameson Sotheby’s International Realty.”