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Pricing >Value Added Features

A recent study conducted by the National Center for Real Estate Research evaluated the features of a home based on what each contributes to the selling price.

According to the study, the feature that can most dramatically increase the value of a home is an additional full bathroom, upping the selling price by a remarkable 24 percent. Installing an extra half-bath can add 15 percent to the selling price. A garage, a fireplace and a central air conditioning unit each add a little more than 12 percent to the home's market value. A laundry room located on the main floor of the home increases its value by 15 percent, while a basement laundry room can potentially reduce the home's overall value. Homes with raised or vaulted ceilings sell for 6.2 percent more than identical homes with standard ceilings. Each extra bedroom increases the price by 4.1 percent. A family room adds 7.3 percent, and a dining room is worth 6.2 percent. A view of the water adds 7.8 percent, but a golf course view is better at 8.1 percent. A home built on the waterfront is worth 18 percent more than the same home in a landlocked location.

Every real estate market is different, so consult your real estate agent regarding the resale value of your home's special features.

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Q	Over what famous building is aircraft forbidden to fly at any time?
A	No aircraft is permitted to fly over the Taj Mahal in India.
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Marilyn Denney Johnston, REALTOR®, real estate agents and broker for Franklin, Brentwood and Metro Nashville, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Marilyn Denney Johnston Blankenship
The Marilyn Group, Fridrich & Clark Realty
5200 Maryland Way, #101
Brentwood
TN, 37027
Toll Free: 888-922-8317
Mobile***: 615-533-9377
Office 2ndary: 613-263-4803
Email: Marilyn@MarilynTheRealtor.com
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Selling or buying a home can be stressful. Whether you are a seller, buyer or developer, let me negotiate to save you money. Your needs and wants are important to me. Tell me your goals, I will listen and help you achieve them. Interest rates are great, why wait, let's get started today. TN License AB00287207

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