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6 Home Features Buyers Will Pay Extra For

Did you know that buyers will pay extra for certain home features? ????

People consider hundreds of factors before deciding on which property to buy. Aside from location, number of bedrooms, and size of the lot, people are also looking for specific features that they are willing to pay a few thousands more to get.

Here are six of them:

Steam ovens – For the second year in a row, steam ovens have been ranked as the top choice among a new generation of home chefs that emerged during the pandemic. If included in a home’s listing description, this luxury kitchen appliance that uses steam to rapidly cook food can increase the home’s sale price by 3.7% more than anticipated.

Buyers are also willing to shell out extra money for practical kitchen amenities such as new appliances (2.6%) and quartz countertops (2.3%) that expedite the cooking and cleaning processes.

High-speed internet – High-speed internet mentioned in a listing can raise a home’s sale price by 2.5%, while a Zoom room or home office can increase it by 1.6%.

Get-away decor – Buyers across the country are now more inclined to purchase homes that provide a sense of escape, resembling vacation spots, even when they are miles away from the ocean. This has led to a 2.4% increase in the price of homes that feature nautical-style decor.

Outdoor amenities – Amid the pandemic, home buyers still prioritize outdoor space that accommodates lounging, dining, and socializing. When a home features a pizza oven or outdoor kitchen, it can increase its sale price by 2.3% and 2.2%, respectively.

She-sheds – A 2.2% premium can be expected for homes that come with a “she shed,” providing a female counterpart to the male-oriented “man cave,” where women can enjoy some relaxation and leisure.

Pools – Saltwater pools have also become an attractive feature among homebuyers, with studies showing that they can increase a home’s sale price by 2.1% more than anticipated.

What are YOU willing to pay extra for to have in your next home?

Source: Zillow’s 2022 Home Features That Sell

#homefeatures #homebuyer #realestatetips

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