29 design features that helped starter homes sell for more than expected

Twitter

 

Realestate.com

Home buyers — especially first-time buyers shopping for entry-level homes — can expect to pay a significant premium for houses with listings that tout popular farmhouse or craftsman-inspired features.

How do we know this? We poured over listing descriptions for millions of entry-level homes — defined as those priced within the bottom third of the market — to see how certain home features, amenities and design styles affected sale price.

And guess what we found? Starter homes that mentioned “coffered ceiling,” “claw-foot tub” or “farmhouse sink” in their listing descriptions sold for as much as 29 percent above expected values. And when it comes to architectural style, any home described as a “craftsman” performed better than any other style analyzed. Even though Chip and Joanna Gaines’ Fixer Upper TV show may be over, their farmhouse chic style has certainly had an impact on home trends, especially among first-time home buyers in search of starters.

READ ON:

Share this!

Additional Articles

New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.