We continue our series of reasons to love a ranch home with reason #3, better resale value. New construction ranch homes are becoming increasingly popular as the Baby Boomer generation retires. As the overwhelming majority of the population, this group is setting the trends for real estate.
A popular trend today is the ranch style home featuring single-story living. Ranch homes offer easy access to the kitchen for bringing in the groceries, the laundry room is on the same floor as the bedrooms and everything is within easy reach. All of these features make ranch homes very attractive and demanding of a higher price tag.
Buyers today have plentiful choices when searching for a ranch home in Illinois. There are resale homes in older neighborhoods, resale homes in rural settings and new construction ranch homes all over Chicagoland. To maximize the resale value of your new ranch home consider purchasing your home in a community dedicated to single-story living, like Henning Estates in Huntley. Real estate experts report that a ranch home surrounded by two-story homes will have a lower resale value.
Today’s new construction ranch homes are designed to live grand with open concept floor plans, vaulted ceilings, large closets and wonderful living spaces. Architects and builders designing ranch homes today understand that buyers coming from a traditional two-story home are making a big adjustment to single-story living. To make that transition easier, builders are incorporating features (included and optional) such as gourmet kitchens, architectural trim details, spacious master suites, sunrooms and outdoor living spaces to further enhance the already attractive ranch style floor plan.
In your search for a new home, remember to consider what you need today and what you’ll need in the future. Also think about who the majority of potential buyers will be when it comes time to sell. Ranch style living might be the perfect fit.