These ‘Fixer Upper’ Features Can Make Your Home More Valuable
Even though Fixer Upper is over, Chip and Joanna Gaines have influenced home design trends so much that homes with farmhouse-inspired features are selling for way more than expected, according to a new report from RealEstate.com.
Of the top design features that increased the value of entry-level homes — defined as ones that are priced in the bottom third of the market — a large portion of them are trends that Chip and Joanna Gaines made popular on their HGTV show.
In fact, the Zillow Group site geared towards first-time home buyers found that starter homes with terms like "clawfoot tub," "exposed beams," and "wainscoting" mentioned in their listing descriptions sold for as much as 30 percent above the expected value, after analyzing 1.9 million home sales between 2016 and 2017.
Here are the top Fixer Upper-inspired trends that will make your home worth more:
Craftsman Home— 34 percent premium
Coffered Ceilings – 29 percent premium
Clawfoot Tub – 29 percent premium
Exposed beams – 26 percent premium
Farmhouse Sink – 26 percent premium
Wainscoting – 26 percent premium
Exposed Brick – 23 percent premium
Barn Door – 23 percent premium
“In today’s competitive housing market, understanding what homes may command a premium or attract multiple offers can be hugely beneficial to buyers,” Jeremy Wacksman, Zillow Group chief marketing officer, said in a statement. “However, it’s important to keep in mind which features or amenities matter most to you in a home. While a farmhouse sink or butcher block counters may appeal to many millennials and first-time buyers, not everyone may want to pay the premium those features may command.”
While farmhouse-inspired details dominated the top terms on the list, the No. 1 feature that they found made homes worth more were solar panels, a detail that added a 40 percent premium to the home's value.
To see what other design features are popular, see the top 29 list over on realestate.com.
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