Wednesday, September 28, 2016 / by Leah Kordenbrock
Home Selling Tips - Upgrades and Features That Home Buyers Are Willing To Pay Extra For...
When you own a home, you want to make it your own. You want it to fit your lifestyle. Maybe you want a pool outback? Maybe you want a two car garage? Maybe you want building in shelves. These updates can cost you a pretty penny but not all of them will get you your investment back when it comes time to sell. According to the Home Features Survey by the National Association of REALTORS(R) you can expect the following on home upgrades and features... Home Features That Homebuyers Are Willing To Spend Extra For...
- Waterfront - Willing to pay $5,420 extra for a home that was on the waterfront.
- Home Less than 5 Years Old - Willing to pay an extra $5,020
- Basement - Willing to spend $3,200 extra
- In-law Suite - Willing to pay $2,920 extra
- Air Conditioning - Willing to spend $2,250 extra (#1 wanted feature/upgrade)
- Den / Home Office - Willing to spend $1,920 extra
- New Kitchen Appliances - Willing to spend $1,840 extra (#2 wanted feature upgrade)
- Laundry Room - Willing to spend $1,590 extra
Those dollar amounts seem naive and low but it shows that they are features and upgrades that home buyers value and are willing to pay for.
It doesn't cost anything to sit down with us to learn more about the selling your home.
Contact us (859-802-7000) for more information!
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Leah Kordenbrock, Frank Littrell Team859-466-0195
Serving Northern Kentucky & Greater Cincinnati Areas
Specializing In Residential Resale, Buyer & Seller Representation, Investments, REO Properties
- Licensed REALTOR in KY since 2014
- Licensed REALTOR in OH since 2000
- New Construction Sales Specialist
- Active in all Greater Cincinnati Markets
- REO Experience
