What Causes a Home to Sell for More

Different types of homes sell faster than others (much faster). We provide the research. Whether you’re considering adding a bathroom suite or an ADU to your property, we can help you determine what your potential return on investment might be.

Or if you’re a home buyer wanted to do your research and discover what type of real estate is more valuable in the market, we can help with that too, from reports on swimming pools to septic systems.

If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.

Stephen FitzMaurice, Realtor
4% Max. to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111

If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.

Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000

How Much More Does a 4 Bedroom Home Sell for Than a 3 Bedroom Home?

May 22, 2023

Licensed since 2003, one of the trends I’ve noticed is that bigger homes are not as desirable as they were twenty years ago. Large homes still have a market, don’t get me wrong, but household size is down overall. The average household had 3.68 people in the home in 1940. In 2010 that number was 2.58. Then came the rise of multi-generational living and grown-up kids still living in their parent’s home. This caused a slight increase from 2.58 to 2.65 in 2017. According to an NBC news report had slightly higher numbers, the average household size still came down to around 3, a steady decline from 3.7 in the 1960’s in the reports they referenced. However you look at...

Swimming Pools Reduce Home Value in Portland, Oregon, 2023 Report

April 28, 2023

Swimming pools are a desirable feature in a hotel or resort, but for a owner-occupied home, it isn’t always preferred. There is no doubt that the addition of a swimming pool have a significant impact during the home’s experience on the real estate market. Swimming pools affect home values in different ways, depending on whether the property is expensive, such as luxury homes, or average priced for the area. We’re going to look at exactly how swimming pools are impacting homes on the market in Portland, Oregon in 2023. I’ve been selling homes in Portland, Oregon for 20 years now and know it is important for anyone considering adding a pool, or buying a home with a pool to understand...

New Construction Homes Sell for 16% More Per Sq. Ft. than Resale Homes

March 17, 2023

Selling homes for more than twenty years now (licensed in 2003), one of the rules of thumb in the real estate market I tell my clients is that new construction homes sell for a lot more per square foot than resale homes. Appraisers would never compare new construction homes with resale homes when conducting a report, and Realtors worth their salt would never compare the two when preparing a home value estimate for a client. But in all my years I’ve yet to find a good place to get the hard data, the difference in price per sq. ft. between new and resale homes in our area. So I decided to start my own annual reports on this, so I...

The Bigger the Home, the Less it Sells for Per Square Foot.

January 30, 2023

After selling homes in Portland, Oregon for twenty years, I’ve picked up on a lot of consistent patterns that helps me to price homes correctly and give my clients the best possible real estate advice. Whether it is the best time to sell or buy a home, knowing the factors that causes a home to sell for more or less, or the reasons why a home sells or doesn’t, I’ve enjoyed the process of learning and researching over the years. I can tell my clients exactly how much value is added to a home if they add an ADU, solar panels, or a swimming pool (all based on local statistics). Through my local research I can let them know how...

Do Solar Panels Increase the Value of a Home in Portland, Oregon? 2023 Report

January 16, 2023

There have been a number of national studies on the impact installing solar panels has on home value. But, as one might imagine, there is likely a strong regional effect. Installing solar panels in Arizona might be a lot more desirable and have a greater impact on their home values, than adding solar panels to a home in the cloudy Pacific Northwest. So it is important to have some local research done, so a homeowner knows what the home value impact will be where they live, in this case Portland, Oregon, which is also likely to reflect the impact of solar panels on home values within its greater region – the Pacific Northwest. (We conduct many other regular research reports...

Do Homes Built in the 1980’s or in the 90’s Sell for More?

December 16, 2022

Let’s have some fun. I’m writing this post for the Portland real estate market out of my own curiosity. Licensed since 2003, my team has sold over 2,000 homes in the metro. Honestly, I couldn’t answer this question prior to doing my own research, nor do I know of anyone trying to answer this question. But I do find it fascinating. We already know that single level homes sell faster and for more money per sq. ft. than any style of home with more than one level. We know that homes with bedroom suites sell for more than those without (everything else being equal), homes with septic systems sell for more than homes with public sewer, and that homes with...

Portland Homes with ADUs Sell for 11% More per Sq. Ft. 2023 Report

December 2, 2022

Have you toyed with the idea of putting an ADU on your property or buying a Portland home with an already-existing ADU? More and more, owning a home with extra living quarters is becoming a desire for many. Having extra space will allow you to house extended family or generate consistent rental income. It will also increase your home’s future resale potential. Portland’s housing profile is changing, and it’s important for all Portland home owners to stay on top of all the recent trends. To top it all off, Portland Homes with ADUS sell for more. Read on to learn more about the benefits of owning a home with an ADU. Find a Home for Sale with an ADU in...

Homes with a Bedroom Suite Sell 25% Faster and for 5% More than those without.

July 27, 2022

Waking up and strolling over to a bathroom without entering an open hallway or main living area in your home is a big deal. A bathroom directly connected to a bedroom, an en suite, French for following or after, is a desired convenience that causes homes to sell for more, a lot more. Perhaps you’re considering adding a suite to your home to increase home value or you’re contemplating the future resale value of a home you want to buy. Either way, let’s find out exactly how more homes with bathroom suites sell for than those that do not have them. To figure this out I’m looking at a select number of homes that fit within what I’d consider to...

Septic System vs. Public Sewer Home Value Impact, 2022 Report

July 8, 2022

When we think about buying a home, our immediate thoughts usually lead to curb appeal, square footage, number of rooms, lot size, and a long list of other wants and needs to meet our individual tastes and lifestyles. We even give thought to structural integrity—like the age and quality of the roof and condition of the foundation—as well as HVAC systems, when thinking about energy efficiency. Another not so fun or exciting, but essential, facet of home ownership is knowing about a home’s private septic or public sewage system. If your home or the one you want to buy is within city limits, chances are you’re on a public sewer system (not always). On the other hand, homes in more...

Single Level Homes Sell Faster and for 19% More, 2022 Report

July 1, 2022

Brought to the forefront of American living shortly after World War II, ranch-style homes grew in popularity for their laid-back, easy-living vibe with flowing, open floor plans and easy access to the outdoors. Then came the 1980s. Ranch homes temporarily lost their appeal with homeowners during the building boom of this decade after the country had enjoyed economic growth. People had more money, and they wanted more. What came of this period were bigger homes with less-than-imaginative facades, fake chimneys, cathedral ceilings, and sometimes garish interiors. As with any trend or fashion that runs its course and fades from popularity, it usually comes back around into favor with the masses. As the adage goes, “everything old is new again,” and...