Business Magazine

Up to 69% of Buyers Are Willing to Pay More for These Features

By Homesmsp @HomesMSP

Features3

It comes as no surprise that people are more interested in kitchens that ever... gone are the days when the kitchen was hidden from view. The number one feature people in all age brackets are willing to pay for, however, is air conditioning... with 69% of buyers willing to pay an $2,520.

Here is the top 11 list, including the percent of buyers willing to pay more... and how much extra they are willing to... compiled by 24/7 Wall Street after analyzing data from the National Association of Realtors.

  1. Central air conditioning - 69% willing to pay more - willing to pay $2,030 extra
  2. New kitchen appliances - 69% - $1,840
  3. Walk-in closet in the master bedroom - 60% - $1,350
  4. Granite countertops - 55% - $1,620
  5. Hardwood floors - 54% - $2,080
  6. Ensuite master bath - 49% - $2,030
  7. Kitchen island - 48% - $1,370
  8. Stainless steel appliances - 41% - $1,850
  9. Home less than 5 years old - 40% - $5,020
  10. Eat-in kitchen - 40% - $1,770
  11. One or more fireplaces - 40% - $1,400

Sharlene Hensrud, REM/MAX Results - Email - Twin Cities Realtor


Back to Featured Articles on Logo Paperblog