Invest with the Best
Builder Magazine’s latest series of articles on women buyers identified solo women as the second largest group of home buyers. Many are looking for investment properties that they can buy and rent out — low-maintenance homes with features that are both aesthetically pleasing and functional. Others are simply looking for a cozy home of their own that requires little to no maintenance. Either way, remodeling a home with an eye toward selling or renting should include an updated kitchen and new bathrooms if you want the property to be lucrative. There’s usually no need for the most expensive materials, but you should still consider what women are looking for in homes – kitchens with lots of room for both cooking and socializing, great rooms that include the cook in the festivities, and bathrooms that have updated fixtures and storage.
Some remodeling choices might be wood floors or ceramic tile instead of carpet, for example, because carpet is less likely to wear well. Closet and built-in storage space is another attractive feature for the female home buyer, along with a strategically placed laundry room. Although the single woman buyer is a large and influential group, they still take into consideration that one day they may live in that home with a family.
