I have some reservations about how Zillow prices Boston condos for sale but they’re recent report stated certain features of a Boston Beacon Hill condo made the property will sell for about 30% more than the expected price. So what were those features?

Can you guess what these features are?

Some of the biggest moneymaking features were steam ovens, which are wall ovens that produce steam to cook food in a healthier way. Surprisingly, these features increased Boston Beacon Hill condo sales by about 34%, higher than any other feature. Six of the 10 features that offer the biggest boost were kitchen related. This could mean professional grade appliances, wine sellers, and faucets over stoves and ovens.

Other features that were not kitchen related included steam showers, garage studios, and heated floors.

But, the steam oven brought a whopping 34% return from the expected price. Professional appliances brought in about 32% more where is wine sellers and steam showers brought in 31%. The lowest was a prep sink either in an island or in the utility room, which brought in about 24%, still nothing to sneeze at.

But will your Boston Beacon Hill condo sell faster?

However, just because your Boston Beacon Hill home brought in more than expected doesn’t mean that they actually sold faster. Homes with steam ovens surprisingly took the slowest to sell, taking 22 days longer than similar homes without a steam oven. This means that these features appeal to a certain target demographic, and that might be smaller than the normal homebuyer pool. But that’s okay… if you had to wait 20 more days to sell your home but still netted a 34% increase in the market value, which you hold out?

How do you sell your Boston Beacon Hill condo faster?

Faster sales usually are associated with homes that have features popularized by remodeling shows, such as open shelving, granite or quartz counters, or just a lot of great storage space. Craftsman style homes tend to sell for about 38% above their expected price simply because they are popularized by shows like “Fixer Upper”.

Other popular features that have shown up in starter homes that sell quickly include pizza ovens and coffered ceilings. Freestanding bathtubs, solar panels, and dual range ovens also brought in a little bit higher for the starter homes, but again, these are not the target demographics with these high-end features we first talked about. And, the starter homes that have these simple features are not the only selling point. The property has to be in the right location, the right size, and even the right school district for certain target audiences, but if you’re going to put in a steam oven, chances are the rest of the house is pretty fly as well.

View Beacon Hill condos for sale

Boston Condos for Sale


Back Bay Boston condos for sale
Beacon Hill Boston condos for sale
Charlestown Boston condos for sale
Navy Yard
Dorchester
Fenway
Jamaica Plain
Leather District
Midtown
Seaport District
South Boston
South End
Waterfront
North End
West End
East Boston

Rentals


Back Bay
Beacon Hill
Charlestown
Navy Yard
Dorchester
Fenway
Jamaica Plain
Leather District
Midtown
Seaport District
South Boston
South End
Waterfront
North End
West End
East Boston

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

Comments

comments

Call Now