Tag

upstairs laundry

How Valuable is Having an Upstairs Laundry?

Calculating Premiums & Discounts in a Comparative Market Analysis (“CMA”) How much value do Realtors and Appraisers assign to an upstairs Laundry when estimating a home’s fair market value? The honest answer is, I’ve never seen it broken out as a specific adjustment, with a corresponding price tag (or even range) assigned to it. That’s...
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New Home Trend: Upstairs Living Space (But, What Do You Call It??)

“Upstairs Den?” “Family Room #2?”  “Upper Level Lounge?” First, laundries migrated from dark, dingy basements to the upper level. Now, the home’s living spaces are following them upstairs. Versatile, Multi-Function Space (and Light!) Specifically, many new construction homes in the Twin Cities now feature an upstairs sitting area ” typically near the top of the...
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How Valuable is Having an Upstairs Laundry?

Calculating Premiums & Discounts in a Comparative Market Analysis (“CMA”) How much value do Realtors and Appraisers assign to an upstairs Laundry when estimating a home’s fair market value? The honest answer is, I’ve never seen it broken out as a specific adjustment, with a corresponding price tag (or even range) assigned to it. My...
Read More

New Home Trend: Upstairs Living Space (But, What Do You Call It??)

“Upstairs Den?”  “Family Room #2?”  “Upper Level Lounge?” First, laundries migrated from dark, dingy basements to the upper level. Now, the home’s living spaces are following them upstairs. Versatile, Multi-Function Space (and Light!) Specifically, many new construction homes in the Twin Cities now feature an upstairs sitting area — typically near the top of the...
Read More

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