There are four unexpected things that can increase your home value that I want to share with you today.
There are four surprising things that may increase how much your home is worth.
- How close your home is to Starbucks. Who doesn’t love coffee? A 2015 Zillow report found that between 1997 and 2014, homes within a quarter mile of Starbucks increased in value by 96%. That really shows you that America has a coffee addiction!
- Blue kitchens and blue bathrooms. According to Zillow’s 2017 Paint Color Analysis, which examined more than 32,000 photos from sold homes around the country, homes with blue kitchens sold for $1,809 more compared to similar homes with white kitchens. Pale blue or soft periwinkle blue bathrooms sold for $5,440 more than similar homes without blue bathrooms.
Homes with “barn door” mentioned in the description sold 57 days faster than other homes.
- Trendy features. Zillow measured listings that mentioned certain favorite features, such as “barn doors” or “farmhouse sink.” According to Zillow’s 2016 analysis of more than 2 million homes, homes with “barn door” mentioned in the listing description sold for 13.4% more than expected and 57 days faster than comparable homes without that keyword.
- How close are you to the city? Urban homes are now worth 35% more than homes in suburban areas. Since 2012, the median home value in urban areas increased 54%, while the median home value in suburban areas went up 38%.
If you have any other questions about home value or would like to know what your home is worth in today’s market, just give me a call or send me an email. I would be happy to help you! Contact Us