Low-Maintenance Features
that Attract Millennial Buyers
T
The millennial buyers today generally want energy effi cient and low
maintenance homes. The Smart Home has answered that call for low
maintenance living.
Beyond that there are a few things sellers can do when replacing items in the
home or purchasing a new home that fall into the same category.
• If you can buy a brick home there is hardly any maintenance unlike a wood
or vinyl sided home that can have wood rot, color fading or peeling paint and
vinyl.
• Low maintenance metal roofi ng is one of the most durable roofi ng materials
on the market. If installed correctly they do not absorb water which reduces
risk of damage from the elements and lessening the potential for costly repairs.
• Low maintenance features inside the home are very practical especially in the
kitchen. Some of the least fussy fi nishes are black stainless steel and quartz.
The black stainless steel reduces smudges. It has a matte fi nish and resists
smudges and cleaning efforts. Quartz counters have a non-porous and stain
and scratch resistant fi nish that does not require deep cleaning or sealing like
many other countertop choices.
• Wall paint can also be low-maintenance by choosing the right fi nish for the
room. Satin paint is easy to clean and is great in kitchens and bathrooms and
also on stair rails and banisters.. A semi-gloss paint is ideal for baseboards
or moldings. The very important thing when picking paint is to not buy the
cheapest paint. A more expensive paint will usually cover better and be easier
to maintain.
Remodeling can affect your insurance
Be sure to consider checking your Homeowners Insurance after you do any major
remodeling. You will need to be properly covered in case of a fi re or natural
disaster that is covered by insurance.
If you buy a fixer home and you remodel the kitchen with high end
appliances and counters your coverage may not be high enough to cover
those in the event of a disaster.
You may receive a discount on your insurance by replacing your roof since it
is one of the largest factors in insurance coverage and can bear the brunt of many
kinds of storms including wind.
Homeowner’s policy limits may need to be raised if you add square footage to
your home. The insurance you paid when purchasing the home was based on
the square footage at the time of purchase. The Insurance company will usually
only give you the coverage for the square footage that was quoted at the time of
purchase. It is the same if you finish a basement. If coverage has not been added
you may not be covered for any type of water intrusion on your improvements.
Quick Stats
Local Trends Single Family Residential in Morgan Hill
Active
Homes Sold
Days On Market
Sale To List Ratio
JANUARY
85
24
39
99.5%
FEBRUARY
64
21
37
99.3%
MARCH
53
36
26
100%
Teri Nelson, Realtor
Intero Real Estate Services
408.425.5200
BRE#00858151
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