7 WEIRD THINGS THAT ADD VALUE TO YOUR HOME

7 WEIRD THINGS THAT ADD VALUE TO YOUR HOME


Your home’s value is dependent on many factors. Size, condition, location, and recent updates are some of the most common factors. But, there are a few lesser-known factors that can actually add value to your home.





1. STREET NAME

Not the actual name of your street, but whether it is a street, lane, court, boulevard, etc. can add value to your home. Boulevard will add the most value to your home – averaging $117 per square foot nationwide, while street adding the least value – averaging $86 per square foot nationwide.


2. HOUSE NUMBER

Some home buyer believe in house numerology – adding up the number of your house and predicting whether it is a good home to buy. Trulia has an extensive article on the details of house numerology. But the short version – homes with the number 13 or homes whose numbers add up to four, could see a hit in their price.


3. STARBUCKS AND WHOLE FOODS

Homes close to a Starbucks, Whole Foods, or Trader Joes can expect to see a bump in value. If you are within a quarter mile of a Starbucks, you home could appreciate by twenty one percent. Or if your home is within a mile of a Trader Joes, you could see your home’s value increase by forty percent.

4. CELEBRITY FACTOR

If a previous owner or tenant of your home was famous or your home was historically significant, you should market that in your listing or add a plaque to your home to commemorate the person or historical event. You home could see a five percent boost in value.

5. LIVING ON A HILL

Homes built on top of hills are great for home for two reasons – they divert water and moisture away from your home’s foundation and they provide the home with privacy. For these reasons, a home built on a hill could add more than five percent to your home’s value.

6. DISTANCE TO A BAR

A study in the United Kingdom found that home’s close to a good bar had three percent higher values than those that were not close to a bar. The study has not been replicated in the United States, but anecdotally, buyers are always excited about a home with a nice bar that they can walk to.

7. FARMERS’ MARKET

Homes with a regular farmers’ market nearby saw a three percent increase in value. Most Denver area neighborhoods have their own seasonal farmers’ market and the city of Denver has a huge year round farmers’ market for residents to enjoy.