Must-Haves For First-Time Homebuyers

Looking to sell? Some tips that might get you a better return on your investment says Things like claw-foot bathtubs, solar panels and exposed brick… features on a list of amenities to which new buyers are drawn. In entry-level homes, those with solar panels sold for 40 per cent more than comparable homes without that phrase. Coffered ceilings… a 29-per-cent premium. Clawfoot tubs helped houses sell for 29 per cent more. Mid-century homes that could claim mid-century features sold for 28 per cent more. Then there were homes with a dedicated space for in-laws sold for 28 per cent more. Exposed beams helped homes with sell for 26 per cent more than similar homes without them. Farmhouse sinks in kitchens? They sold for 26 per cent more than homes without them. A fire pit got 25 per cent more than those that didn’t. And exposed brick in either older or newer home saw 23 per cent more in the selling price than similar homes without that feature.

Also note: Barn doors… while some people are starting to say barn doors are overused, homes that have them sold for 23 per cent more than those that don’t. To generate this list of features, analyzed listing descriptions for entry level homes priced within the bottom third of the market.

(Source: Michele Lerner, The Washington Post/Toronto Star)

Posted in Annoucer Blogs, Jeff, News Tagged with: , ,

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