The holiday season’s starting, and if you’re like most Americans, you might start noticing the things you lack in your kitchen by merely spending more time cooking.
Still, if you’re among the 36% of Americans who cook every day, you’re probably well equipped long before this time of the year. Needless to say, a practical user-friendly kitchen can really make a home far more appealing to buyers.
Following closed home sales data, Zillow evaluated price premiums for different kitchen features in 2019 and 2020 to find which ones were the smartest investments. Here are some of those features that motivated buyers to spend more.
Practical and Durable Kitchen Countertop
Butcher blocks were quite popular among house buyers and were associated with 2.7% higher price premiums. The price bar was raised even more (3.2%) for a countertop made of quartz.
Modern Appliances
Smart appliances like fridges, cookers, espresso machines, and similar conveniences make the cooking process app-controllable, and therefore quicker. So, they were estimated to raise home prices by 3%. Other such appliances on the list were pot filters (1.5%) and wine fridges (1.7%).
Steam Ovens
These absolute stars of the desirable features list are said to boost home value by a whopping 4.9%. They’re quite popular since they allow users to cook different foods at the same time and do it in a healthy fat-free way.
What’s more, just like high-end slow cookers, steam ovens preserve food nutrients—the importance of which people are growing ever more aware.
Finally, Zillow also found that pizza ovens can increase house value by 3.4%. Although we’re not quite sure about other types of ovens, practical combos such as toasters and ovens are also likely to boost the price. In fact, new kitchen appliances in general were linked to a 3.2% price increase.
