What’s the Value of Mission Viejo Home Features?
The constant, rapid advancement of technology provides us with a number of desirable Mission Viejo home features. Water softeners, reverse osmosis water filters, drip irrigation systems, artificial grass, solar panels, solar heated pools, video surveillance cameras systems monitoring every entrance, ovens and dishwashers that can be programmed before you leave for work, and home automation systems that can be started from your iPad just before you leave the IMAX Theater. Does anyone else remember Disneyland’s “Carousel of Progress?” It really is a great big beautiful tomorrow. But what’s do these Mission Viejo home features add to the value of your house?
When you are selling, be careful how you add on to your asking price for all the Mission Viejo home features you’ve added to your house over the years. They may be worth less than you think.
Artificial grass: This may make a difference to many home buyers, given our continued drought situation. Most home buyers today are aware that the cost to install artificial turf is not insignificant, and the savings in water use and lawn maintenance can add up. Depending on the size of the area covered by the ever-green turf, buyers may be motivated to add on a few more green backs. Possibly another grand or two.
Programmable appliances: Now you’re in the big money. You’ll most likely get every penny back on what you spent to replace your avocado green or harvest gold appliances with bright, shiny new stainless steel appliances with Bluetooth on board. Especially if they are nestled amid your sparkling quartz counters and white cabinets, which are the fashion leaders in kitchens today.
Video Surveillance systems: You can package this together with your home security system and pat yourself on the back that you’re offering up peace of mind. However, why you need such an advanced security system in your house may give buyers some doubts about the neighborhood.
Solar panels: Probably the most controversial home feature today in terms of added dollar value. Do you own them or lease them? How long is the lease? How does the buyer know if they’ll qualify to take over the lease? How much do you pay monthly now and how big was your electric bill before you installed the system?
The bottom line is this. You can’t assign an exact dollar amount to these Mission Viejo home features when it’s time to sell. The subtle benefit these will provide you is differentiation from your competition, which should translate into a faster sale for a higher price. You are likely to tip buyers your way if the choice is between your house with a number of Mission Viejo home features, versus another similar homes without added features. Just how much faster and how much higher always depends on the rest of the package your home has to offer.
I’m Leslie Eskildsen, Realtor.
Call me. Text me. 949-678-3373
Email me. Leslie@LeslieEskildsen.com
Helping you make the right move in Mission Viejo, Coto de Caza, Rancho Santa Margarita, Irvine, Laguna Niguel, Laguna Hills, San Juan Capistrano, San Clemente, Laguna Beach, Newport Beach, Dana Point, Corona Del Mar, and other Orange County communities.