Homeowners often find themselves torn between which home improvement project they’ll tackle next. From designing the perfect media room to finally finishing your basement, you may be wondering just which of these house features could also add more value to your home. For homeowners in Oregon, here are five investment-worthy home trends in Oregon which may help you decide the next project topping your list. *
5 house features to update in your Oregon home
When looking to invest in a home improvement project, the following house features have a sale-to-list ratio of over 100%, meaning that Oregon homes with these features are selling above the seller’s asking price.
1) New kitchen
All of that great local and organic Oregon produce means one thing for Oregonians- an up-to-date kitchen. Maybe that starts with remodeling your entire kitchen, updating the appliances, or installing new countertops. The options to improve your kitchen are endless. With a sale-to-list ratio of 102.4%, homebuyers also place high value on a new kitchen when making offers on homes. Working with your local remodeling company or contractor will not only help you find the right style of upgrades for your kitchen, but you’ll also be one step closer to having this home trend.
2) Back patio and large deck
Indoor-outdoor living reigns supreme in the varied Oregon climate. Some of the most valuable outdoor house features in Oregon are back patios, large decks, backyards, and fenced yards. Whether you’re up for a DIY project of building your own deck or would rather call a professional to spruce up your outdoor space, make sure your outdoor living space stands out. That way you’ll be enjoying the great outdoors while investing in your home.
3) Large living room
Maybe you’ve been planning to knock out that wall separating your living room from your kitchen or have thought about extending part of your living space into the backyard. This year might just be the year to call up your local remodeling team or your trusted general contractor to help you create the ultimate living room. Oregon homeowners with large living rooms may see their homes sell above list price so consider making your living space the star of your house.
4) Attached garage
Whether you’re living in Bend or Portland, OR, consider updating your attached garage. Homes with attached garages have a sale-to-list ratio of 101.6%. So while you’re on the search for a home improvement project to complete this year, think about sprucing up your attached garage. A new coat of paint on the garage door can go a long way. Or if you’ve noticed the door isn’t working quite as well as it used to consider replacing the door altogether.
5) Wood burning fireplaces
With all the added warmth and coziness to accompany an Oregon winter, it only makes sense that fireplaces are one of the house features you’d want to showcase in your home. Only 1% of current homes for sale in Oregon have wood burning fireplaces, meaning your home is likely to stand out amongst the rest. If you’re looking for the perfect way to warm up your space next winter, call your local fireplace company and see which fireplace type works best for your home.
*Per home listing data on Redfin.com, as of February 2021.
Individual results may vary. This is not intended as a substitute for the services of a licensed real estate agent, or licensed and bonded home services professional or appraiser.
- Originally posted on Redfin