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The $10,000 Outdoor TV Premium
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Does your home have an outdoor TV or even an outdoor shower? If so, it may enhance the price when you decide to sell.
A recent Zillow analysis examined listing language and sales performance from thousands of for-sale homes in 2023. Homes with outdoor features like TVs sold for upwards of 3 percent or $10,749 above their original list price, on average.
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Other listing language that seems to enhance home prices, per the report:
- Outdoor shower -- 2.6% premium
- She shed -- 2% premium
- Pizza oven -- 2% premium
Zillow also points out that terms mentioned on social media sites like TikTok may also help a home sell faster.
"Certain trendy or viral features can attract more competing buyers, contributing to a speedier sale," the report stated. "Rounded corners, popular in contemporary furniture design and now architecture, can help a home sell six days faster than similar homes. Homes that mention a plant ledge in their listing description get snapped up more than five days faster than expected."
Photo courtesy of Vantage Media and Townsend Visuals.
This article originally published at https://dc.urbanturf.com/articles/blog/the_10000_outdoor_tv_premium/22111.
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