flexiblefullpage - default
Currently Reading

These Features Add Most to Sales Price

Advertisement
billboard - default

These Features Add Most to Sales Price


July 2, 2018
Exposed beams
Photo: Unsplash/Hudson Hintze

Entry-level homes, priced within the bottom third of the market, offering some of the following design styles, features, and amenities are selling at well above the expected sales value. 

Energy efficient home features in particular are bringing in added value to starter home sales prices, as listings mentioning "solar panels" sold for 40 percent more than the expected value. Other valuable features include “mid-century," “coffered ceiling,” and "in law," adding as much as 29 percent to the sales price, finds RealEstate.com. Craftsman home design seems to be a favorite for starter homebuyers, as this style brought 34 percent more value than expected.

And when it comes to architectural style, any home described as a "craftsman" performed better than any other style analyzed. Even though Chip and Joanna Gaines’ Fixer Upper TV show may be over, their farmhouse chic style has certainly had an impact on home trends, especially among first-time home buyers in search of starters. “In today’s competitive housing market, understanding what homes may command a premium or attract multiple offers can be hugely beneficial to buyer,” says Jeremy Wacksman, Zillow Group chief marketing officer. “However, it’s important to keep in mind which features or amenities matter most to you in a home.”

Read more

Advertisement
leaderboard2 - default

Tags

Related Stories

Trade Contractors

Skilled Trades Are Open to Technology, Survey Finds

Amidst the ongoing labor shortage, technology and digital tools can offer labor-saving gains, and the skilled trades are willing to embrace new tech in their jobs

Sustainability

Mention of Eco-Friendly Home Features Is on the Rise in Sales Listings

Home listing descriptions using eco-friendly terms have been rising over the past five years in line with growing consumer interest in the environment and energy efficiency

Design

What Gen-Z Buyers Really Want in a Home

The fervor of planning for Millennials in the home building industry has now pivoted to Gen Z. So, what does this new generation want?

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.