Not all home upgrades carry the same cachet with home buyers.
Does your master bathroom have a steam shower? If you’re not including that in your home’s listing when you go to sell, you could be leaving serious money on the table.
Home listings descriptions mentioning steam showers and professional appliances sold for 29% more than their expected value, according to a new report from real-estate website Zillow.
The report analyzed listings for roughly 4 million homes that sold between January 2016 and December 2017 to determine the effect that certain upgrades had on the final selling prices versus the data used to determine the home’s “Zestimate” when included in the property’s description. The analysis controlled for factors such as the property’s size and age and the prevalence of upgrades in a given market.