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Home» Real Estate»Fixing up your home? Here’s what pays off

Fixing up your home? Here’s what pays off

Saheli 17 Apr 2016 Real Estate Comments Off on Fixing up your home? Here’s what pays off 19 Views

Exposed brick kitchen

As the spring real estate selling season gets in gear, some houses are moving faster getting better offers than others.

Apparently, a lot depends on a short list of key features that home buyers favor in local markets around the country, according to e recent analysis from real estate site Zillow.

After searching for 60 keywords in more than 2 million listings, Zillow researchers found that some of the most popular features helped boost the final sale price and shorten the time a house was on the market. For homeowners considering making improvements, the analysis offers some insight into which upgrades generate the best returns. A listing that included the phrase “new carpets,” for example, had no effect. But “hardwood floors” boosted the sale price by two percent more than expected.

Here are the other features that buyers favored, and the local markets where those features are most popular.

[Source:- CNBC]

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Posted by : Saheli
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