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The Dove Team, REALTORŪ, real estate agents and broker for Springfield Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
What are the world's most valuable chairs?

A 
A pair of Chippendale chairs designed by Robert Adam sold in 1997 at Christie's, London to an anonymous buyer for $2,762,330.
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The Dove Team, REALTORŪ, real estate agents and broker for Springfield Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Dove Team
RE/MAX Professionals

2475 West Monroe
Springfield, Illinois 62704
Direct: 217-899-DOVE (3683)
Toll Free: 888-999-7215
Office: 217-787-7215 ext. 190
Fax: 217-787-8957
stevendove@NUMBER1EXPERT.com

Real Estate in Springfield, Illinois - Steven Dove is a RE/MAX Professional, and this site has valuable information for relocating to Springfield. Search listings, request a relocation package, and find out about local events, phone numbers and more!

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