Bucks County Home Values 2001 through 2013

Homes are now selling faster than they were a year ago and prices have stabilized. 

The average sale price of single family homes in Bucks County in 2012 was $324,000.  This represents no change in prices compared to 2011 and is comparable to sale prices in 2004.

Newer homes commanded relatively higher prices than older homes.  Buyers tend to pay more for homes with certain amenities. Homes with open floor plans, hard wood floors,and newer kitchens and baths command higher prices than others.  Buyers also value curb appeal and will pay more for homes with newer exterior features such as siding, windows and roofs.

Home Improvements That Pay Off

The 2013 Remodeling Cost vs.Value Report has been released. 

The report suggests that keeping your home's exterior looking good is the best way to maintain the value of your home.

In the Philadelphia metropolitan area, the home improvements that resulted in the greatest increase in home value are deck additions, new entry doors,  garage doors and siding.

Most buyers express a strong preference for updated kitchens and baths, but the the return on investment is actually greater on improvements that maximize a homes curb appeal.