Features that boost your home’s sale price by 30%

Real Estate

If the way to a man’s heart is through his stomach, then the way to a home buyer’s wallet may be through the kitchen.

A new report from real-estate firm Zillow ZG, +0.44% found that home listings touting premium kitchen features sold for 30% or more above the expected price. To complete the analysis, Zillow examined the listing descriptions for 4.6 million home sales across the country that were on the market in 2017 and 2018, identifying specific features that led to a higher sales price or faster sale.

The biggest money-making features were steam ovens, wall ovens that pump in steam to cook food in a healthier manner. These netted a 34% sales premium, higher than any other feature. Of the 10 home features that generated the biggest boost in the home’s sales price, six were kitchen-related. These amenities included professional-grade appliances (32% premium) and wine cellars (31%), and “pot fillers,” attachments that extend a faucet so it’s easier to put water into a big pot (28%).

Click here for more information: https://www.marketwatch.com/story/steam-ovens-and-wine-cellars-heres-what-a-chefs-kitchen-is-really-worth-when-you-sell-your-home-2019-04-04