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Motherhood Life Balance

These Features Boost Your Home’s Value

Written by:Sarah Duggan Money and Finances, Life at Home
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Making a home is like building any relationship: the more love you put in, the more you get out.

But there’s a bonus with your home. When it’s time to go your separate ways, you can make a tidy profit.

These two investments, love and money, go hand in hand. Spruce up your home with your dream features, and you could boost its eventual sale value by more than the features cost. Of course, this is more effective if your dream feature is pendant lighting or a farmhouse sink rather than, say, a sunken ball pit or a firefighter’s pole.

So, which features are most attractive to buyers? Angi is on a mission to help you build the best home to live in and the best home to sell. We combed Zillow for sold properties with common or trending added features and used math to figure out the price premium associated with each feature. (You’ll find our full methodology at the foot of this page.)

We’ve highlighted the 10 most profitable features and the best for each room and included our full lists at the end so you can justify your own dream feature to your other half.

Please note, our study reveals correlation, not causation. These home features will not definitively add the associated premium to your home. It is likely that the premium is closely related to the additional care that owners of homes with these features have put into their homes and their sales process.

Image Credit: Ilija Erceg/iStock.

The Most Profitable Home Feature, Room by Room

iStock 1133193568.original

We analyzed over a quarter of a million house listings across the U.S. and calculated the price premium associated with popular features in every room of the house. The results show that adding these features to each room will increase the value of your home

Image Credit: FollowTheFlow / istockphoto.

Bathroom

double sink vanity.original
  • Double Sink Vanity
  • Price Premium: 2.35%

Image Credit: ismagilov/iStock.

Bedroom

Bedroom with en suite.original
  • En-suite
  • Price premium: 1.41%

Image Credit: PC Photography/iStock.

Kitchen

Pot filler Large.original
  • Pot filler
  • Price premium: 3.20%

Image Credit: j.hendrickson3/ depositphotos.com.

Living Room

living room.original
  • Fireplace
  • Price Premium: 1.97%

Image Credit: gamespirit/iStock.

Exterior

Outdoor kitchen.original
  • Outdoor Kitchen
  • Price premium: 2.05%

Image Credit: oocoskun/Depositphotos.com.

First Impressions Count, But Quality Converts

living room curtains scovad.original

Adding genuine details to your Zillow listing can help draw in potential buyers; consider them virtual ‘curb appeal.’ But we’re talking about hundreds of thousands of dollars: if the job’s not done right, curious buyers will notice the flaws on closer inspection. If you’re not confident you can make quality improvements yourself, hire a professional. Your home is an investment, and saving money here may prove a false economy.

Not sure which features might boost your particular property’s value? Try one of these.

Image Credit: Scovad / iStock.

Pendant lighting

pendant light.original

Price premium: 2.66%

Image Credit: ucpage/iStock.

Under cabinet lighting

under cabinets lighting.original

Price premium: 2.48%

Image Credit: Serghei Starus/iStock.

Barn door

barn doors.original

Price premium: 2.32%

Image Credit: PC Photography/iStock.

Butcher block

butcher block.original

Price premium: 2.26%

Image Credit: primo-piano/iStock.

Quartz countertops

quartz countertop.original

Price premium: 2.26%

Image Credit: hikesterson/iStock.

Oversized windows

oversized windows.original

Price premium: 2.23%

Image Credit: KatarzynaBialasiewicz/iStock.

Farmhouse sink

Farmhouse sink.original

Price premium: 2.22%

Image Credit: alabn/iStock.

Subway tile

Subway tile.original

Price premium: 2.13%

Image Credit: Switlana Symonenko/iStock.

Custom cabinetry

Custom cabinetry .original

Price premium: 2.13%

Image Credit: Mark_Breck/iStock.

Kitchen Island

Kitchen island.original

Price premium: 2.08%

Image Credit: hikesterson/iStock.

Metal roof

Metal roof.original

Price premium: 2.01%

Image Credit: Bilanol/iStock.

Hot tub

hot tub.original

Price premium: 1.96%

Image Credit: nedomacki/iStock.

Double oven

double oven.original

Price premium: 1.88%

Image Credit: ismagilov/iStock.

Patio

patio jpg.original

Price premium: 1.87%

Image Credit: mariapogony/iStock.

Granite Countertops

Granite countertop.original

Price premium: 1.86%

Image Credit: essentialimage/iStock.

Fire pit

Depositphotos 22538247 m 2015.original

Price premium: 1.85%

Image Credit: DepositPhotos.com.

Pergola

pergola jpg.original

Price premium: 1.85%

Image Credit: Mathilde Receveur/iStock.

Recessed lighting

Recessed lighting.original

Price premium: 1.76%

Image Credit: ThreeDiCube/iStock.

Garage

iStock 635810682.original

Price premium: 1.76%

Image Credit: DFTidrington / istockphoto.

Walk-in closet

iStock 1214814734.original

Price premium: 1.72%

Image Credit: Colleen Michaels/istockphoto.

Bay windows

bay windows.original

Price premium: 1.70%

Image Credit: ArchiViz/iStock.

Solar panels

iStock 1166155374.original

Price premium: 1.68%

Image Credit: shironosov/ istockphoto .

Fenced yard

Fence jpg.original

Price premium: 1.62%

Image Credit: Lari Bat/iStock.

Wet bar

Wet bar.original

Price premium: 1.62%

Image Credit: hikesterson/iStock.

Walk-in pantry

walk in pantry.original

Price premium: 1.59%

Image Credit: irina88w/iStock.

Swimming pool

iStock 1221865626.original

Price premium: 1.57%

Image Credit: sl-f/istockphoto.

Walk-in shower/wetroom/curbless

walk in shower.original

Price premium: 1.56%

Image Credit: irina88w/iStock.

Wood flooring

wooden floors.original

Price premium: 1.56%

Image Credit: jacek_kadaj/iStock.

Shed

garden shed.original

Price premium: 1.47%

Image Credit: HildaWeges/iStock.

Hardwood flooring

Hardwood floors.original

Price premium: 1.31%

Image Credit: hikesterson/iStock.

High ceilings

High ceilings .original

Price premium: 1.08%

Image Credit: runna10/iStock.

METHODOLOGY & SOURCES

Depositphotos 1260476 m 2015.original

To create these tables, we built a long list of home features using authoritative sources such as Better Homes & Gardens, European Cabinets, and Fool. We analyzed 251,292 house listings on Zillow from across the U.S. and calculated the price premium associated with popular features in every room of the house.

Log-linear regression was used to estimate a percentage price difference as a function of the presence of each of the selected features.

Results are only reported for features meeting three conditions: they appear in at least 100 listing descriptions of sold homes (25 for metro level); their estimated coefficient in the regression was statistically significant at the 10% level; the estimated coefficient is greater than zero (i.e., the feature has a positive impact on price).

Correlation, NOT Causation

Adding these design features to a home, or just adding these words to a for-sale listing description, does NOT guarantee or definitively cause the ultimate sale price to increase (or fall) as much as observed. Rather, the most likely explanation for these results is that for-sale homes with these kinds of features in their descriptions may be of generally higher quality all around.

This article originally appeared on Angi.com and was syndicated by MediaFeed.org

Image Credit: DepositPhotos.com.

Sarah Duggan
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