Desirable home features buyers are looking for in 2023

Welcome to the new year and a new era of home buying. Buyer preferences are changing and adapting to today's lifestyles. 

To help buyers and sellers, The Yates Team has put together a list of some of the most desired home features buyers are looking for in 2023. 

Laundry rooms. 

If you live downtown, having a separate laundry room might seem like an extravagant luxury, but it's becoming a must-have for those in the suburbs. If you already have a laundry room, you can add value with storage solutions, a built-in ironing board, and additional space with a stackable washer and dryer. 

Mirror walls. 

Yes, you read that correctly. According to Architectural Digest Magazine, mirrored walls are back. You might think you're stepping back into the 1970s, but in fact, you're branching into a new era of 2020's interior décor. Mirrors help open up a space and help reflect light. 

Smart home systems. 

Consumers and homeowners are embracing smart home technology like Google Home and Amazon's Alexa. As the technology becomes increasingly affordable, it's getting used more and more. Buyers appreciate having smart home technology incorporated into a home. Examples include exciting features like garage doors that can be opened with a phone, smart speakers, or light bulbs that connect to an Alexa and Google Home system. The home automation and Internet of Things industry is expected to grow 11-13% in 2023. 

Functional kitchen islands. 

The kitchen is the heart of the home, and kitchen islands have long been a desired home feature. However, buyers are now looking for them to serve multiple purposes. In 2023, islands are being designed to accommodate dining and entertaining as much as food preparation.

Hardwood floors.

Hardwood floors continue to outshine every other flooring option and are by far the most preferred option for homebuyers. If you're considering renovating your space, hardwood floors are often a style choice that never goes out of fashion. 

Functional storage. 

Storage space is always in demand. Buyers are looking for ways to maximize their home’s storage potential. Built-in shelves, cabinets, and closets create a more organized living space