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The Top Five Things People Will Pay Extra For When Buying a House


In a new survey, people in different age groups were asked to identify features they'd be willing to pay MORE for if they were buying a house.  Here's the top five . . .

 

Although in most cases, people aren't willing to pay ENOUGH to justify the cost of adding the features before you sell.

 

1.  Central Air.  69% of people said they'd pay extra for it, and the average amount they'd be willing to pay was just over $2,500.  But installing central air can easily cost $4,000 for a 2,000 square foot home.

 

Meaning, you probably SHOULDN'T install central air conditioning to up your property value, because it'll cost more than it's worth.

 

2.  New Kitchen Appliances.  Again, 69% said they'd pay extra for them, to the tune of about $1,850 . . . which MIGHT pay for a new refrigerator, stove, and dishwasher, depending on how nice they are.

 

3.  A Walk-In Closet in the Master Bedroom.  60% would pay extra for it, with the average amount being $1,350.  It was especially desirable for people between the ages of 35 and 54, with 44% of them viewing it as, quote, "very important."

 

4.  Granite Countertops in the Kitchen.  55% would pay extra, with the average being $1,620.  But installing them can easily coast three or four grand.

 

5.  Hardwood Floors.  54% said it's an important enough feature to pay more for.  And they'd throw down about $2,100 on average, which might cover the cost of around 200 square feet.  But it's probably not enough to do a whole house.

 

Also, OLDER people apparently don't care about hardwood floors so much.  Only 17% of homeowners over the age of 55 said they're a "very important" feature.

 

(You can check out six more in-demand features at USAToday.com)




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