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How Much Are Amenities Worth To Buyers?

by Chicago Agent

The National Association of Realtors’ 2013 Profile of Buyers’ Home Feature Preferences is one the largest, most complete studies of what preferences homebuyers have when looking to purchase a new home. Since pricing a property looks at several different factors, including the value of improvements done to and features in the home, make sure the property you’re listing has one of these features: central air conditioning, new kitchen appliances, walk-in closets or a basement, just for starters. It could mean a difference in what it sells for.

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Comments

  • John Cicero, Branch Broker says:

    Seems to me that some of these features should command quite a bit more than stated – e.g. $3200 for a basement? $2920 for a guest suite?
    Considering the cost of a basement $3200 is a paltry sum. A guest suite which implies a separate bathroom ($8,000+ alone) should also yield more than $2920 in value paid by a prospect.

  • Lyn Sims, Schaumburg says:

    Seems like buyers don’t know how much anything costs which makes using an agent more valuable. The price for a basement is just ridiculous.

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