A recent study conducted by the National Center for Real Estate Research evaluated the features of a home based on what each contributes to the selling price.

According to the study, the feature that can most dramatically increase the value of a home is an additional full bathroom, upping the selling price by a remarkable 24 percent. Installing an extra half-bath can add 15 percent to the selling price. A garage, a fireplace and a central air conditioning unit each add a little more than 12 percent to the home's market value. A laundry room located on the main floor of the home increases its value by 15 percent, while a basement laundry room can potentially reduce the home's overall value. Homes with raised or vaulted ceilings sell for 6.2 percent more than identical homes with standard ceilings. Each extra bedroom increases the price by 4.1 percent. A family room adds 7.3 percent, and a dining room is worth 6.2 percent. A view of the water adds 7.8 percent, but a golf course view is better at 8.1 percent. A home built on the waterfront is worth 18 percent more than the same home in a landlocked location.

Every real estate market is different, so consult your real estate agent regarding the resale value of your home's special features.

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Carmela, Jason, and Jonathan Kaiser
Fortune Realty of LI
24 Arbor Ridge Lane
South Setauket, NY 11720
Carmela Kaiser : 631-379-1612
Jason Kaiser: 631-764-1422
Jonathan Kaiser: 631-235-2646
Office: 631-320-0800
Fax: 631-846-1771
CarmelaKaiser@NUMBER1EXPERT.com
jonkaiser@fortunerealtyli.com

I’m Carmela Kaiser, Broker/Owner of Fortune Realty of L.I. I bring over twenty-five years experience in real estate including numerous awards and an impressive record as a top producer. I achieved this by following what I believe is basis of real estate sales: putting the needs of my clients first and foremost. As a result, about 85% of my business now comes from personal referrals and repeat business achieved by giving outstanding customer service, both during and after the transaction, and by always making my clients’ best interest my top priority. This is the foundation on which Fortune Realty of LI was founded. I work with a talented family team of agents, available to our clients seven days a week. We address every aspect of your real estate transaction with three times the manpower and attention. With a combined thirty-five years experience in real estate and over 900 homes marketed and sold, our clients’ best interest is our top priority!