Jeff Cost

Cincinnati Home Loan

  • Home
  • About
    • About Us
    • Privacy Policy
  • Blog
  • Resources
    • First Time Seller Tips
    • First Time Buyer Tips
    • Home Appraisal
    • Loan Checklist
    • Loan Programs
    • Loan Process
    • Mortgage FAQ
    • Mortgage Glossary
    • Get a Rate Quote
    • What to Expect at a Loan Closing: A Step-by-Step Guide
  • Apply Now
    • Online Application
    • Home Purchase
    • Home Refinance
    • Loan Comparison
  • Reviews
    • Leave a Review
  • Contact

4 Surprising Things That Might Increase Your Home’s Value

May 29, 2020 by Jeff Cost

4 Surprising Things That Might Increase Your Home's ValueYou’ve probably heard that living near excellent schools or having curb appeal can boost the value of your home. However, a home’s value is dependent upon a lot of different factors. Some of these things are more obvious than others. Things that might seem insignificant can have an impact on your home’s worth. Here are some surprising things that can affect the existing value of your home or how much a buyer is willing to pay for it.

#1 A Blue Kitchen or Bathroom

Painting your home is an easy and cost-effective way to update your home. Just make sure that you select the right colors. Based on recent research, walls that are painted cool neutral colors like blue are more likely to appeal to buyers. According to a 2017 study by Zillow, homes with blue bathrooms sell for an average of $5,500 more than expected. Houses that had blue kitchens sold for $1,809 more compared to similar homes that had a white kitchen.

#2 How Close You Are To A Supermarket

Being next to a well-known supermarket can increase the value of your home. If the supermarket is considered upmarket, then the increase in value is even higher. According to “Zillow Talk, The New Rules of Real Estate,”  homes that are near a Trader Joe’s or Whole Foods grocery store appreciate up to 40 percent faster than other homes. The presence of a popular store like Trader Joe’s has a positive effect on market values over time.

#3 A Joanna Gaines’ Aesthetic

Joanna Gaines’s urban farmhouse aesthetic is more than just chic; it can have a surprisingly positive effect on the value of your home. According to a Zillow analysis of home sale descriptions from 2016, houses that had the keywords “farmhouse sink” and “barn door” sold quicker and at a premium compared to similar homes. Listings that had the words “barn door” sold 57 days quicker and for 13.4 percent more than similar homes. For sale listings that included a “farmhouse sink” sold for 8 percent more. So, if you plan to make interior updates in your home, you might want to watch a couple of episodes of “Fixer Upper” for inspiration.

#4 Your Proximity to Starbucks

Do you live within a quarter of a mile from a Starbucks? If so, then you are in luck? A study released by Zillow in 2015 found that homes that were within a quarter of a mile from the Seattle-based coffeehouse increased by 96 percent on average from 1997 to 2014. This number is well above the average of 65 percent of all U.S. homes.

Whether you are in the process of buying a new home or updating your existing home, think about the above factors as they may play a role in the value of your home.

Filed Under: Mortagage Tips Tagged With: Home Improvement, Market Trends, Mortgage

  • 1
  • 2
  • 3
  • …
  • 76
  • Next Page »

Jeff Cost
Sr. Loan Officer

Cincinnati, OH Mortgage Lender
NMLS# 21688


jeffrey.cost@ccm.com

Call (513) 403-6260
Fax (941) 567-5222

Cross Country Mortgage

How can I help?

Connect with Me!

Browse Articles by Category

The Latest Articles

  • Explaining Mortgage Options for Self-Employed Borrowers with Irregular Income
  • The Impact of Rental Income on Mortgage Qualification
  • The Impact of Homeowners Associations (HOAs) on Mortgage Approval
  • The Benefits of Online Mortgage Calculators for Borrowers
nmlsconsumeraccess.org
Equal Housing Lender

Our Location

CrossCountry Mortgage, LLC
4050 Executive Park Drive, Suite 220
Cincinnati, OH 45242

Personal NMLS21688 Branch NMLS2458257
Company NMLS3029

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in