Median home prices in the 586 counties analyzed in the report increased more than 7 percent on average in the third quarter of 2014 compared to a year ago, while average fair market rents for three -
bedroom homes increased an average of less than 1 percent.
Not exact matches
For example, adding an extra
bedroom or bathroom to your
home will do much more to
increase its value than replacing appliances or painting a room.
The squeezed middle, the working poor (6.5 million in their households today) and the jobless are afflicted by pay freezes and pay cuts, energy bill hikes, accelerated private rent
increases, a swelling housing benefit budget that subsidises rich landlords but not the tenants, waiting lists for a
home swollen by the
bedroom tax and only half the houses needed being built, nearly a million of the jobless sanctioned last year and deprived of all their unemployment benefit for 4 or 13 weeks for trivial infringements, the seriously disabled suffering big benefit cuts for not getting jobs they manifestly can't do, to name but some.
«The point is this: you could have the best Labour mayor we've ever seen, but if you've got a Tory government privatising the NHS, not building
homes,
increasing inequality, keeping the
bedroom tax, having young people thrown on the scrapheap, leaving the European Union, Scotland breaking away from the United Kingdom, what is the point?»
Builders have reported an
increase in the number of families trying to add a granny annexe or an extra
bedroom or bathroom to their
home.»
For April — July 2015, the median sales price for a one
bedroom home was $ 450,000, a year over year
increase of 10.1 %.
For July — October 2015, the median sales price for a one
bedroom home was $ 413,000, a year over year
increase of 0.4 %.
For August — November 2015, the median sales price for a one
bedroom home in Glendale was $ 301,000, a year over year
increase of 13.6 %.
The median sales price for a three
bedroom home in Riverside was $ 335,000, a year over year
increase of 10.6 %.
The median sales price for a four
bedroom home in Riverside was $ 390,000, a year over year
increase of 0.9 %.
However, when you move from a one -
bedroom apartment to a larger
home, the expenses
increase accordingly.
The median sales price for a four
bedroom home in Sacramento was $ 318,000, a year over year
increase of 12.8 %.
The average new -
home size has
increased more than 300 square feet since 2009, filling the extra space with more
bedrooms, bathrooms, and amenities.
But in the 25 counties with the biggest
increase in millennials between 2007 and 2013, fair market rents for a three -
bedroom property in 2015 will require 30 percent of the median household income on average, while buying a median - priced
home requires 36 percent of median household income on average.
And an
increasing number of Baby Boomers are planning to age in place, so they're seeking
homes with
bedrooms on the ground floor, wide hallways, and accessible countertops.
Add Space / Attic
Bedroom - Depending on your budget and your goals for your
home, an addition of extra
bedrooms and bathrooms, a finished attic or an expanded casual living space can rapidly
increase the value of your
home.
Most cities in the U.S. are like Minneapolis, where
home prices have risen 7 % over the past three years, and rent for the average two
bedroom apartment has gone from $ 960 to just over $ 1000, a 4.3 %
increase.
Additionally, the national average
increase in the rental rates for a three -
bedroom home came in at 4.8 percent year over year.
From 2004 to 2006, the size of the typical
home purchased
increased by about 100 square feet to 1,840 square feet, while the median number of
bedrooms dropped from four to three during the same period.
«An
increasing percentage of Americans work at
home and it is not going to be enough to have that little table in the
bedroom or the word processor parked atop the breakfast table,» Coates says.
Madox features 131 one - and two -
bedroom apartment
homes with interior elements and fixtures that conserve energy,
increase water efficiency and improve air quality.
Margie added two
bedrooms to the basement floor plan to
increase the
home's resale value, but for now Lexie uses one as her office or as a guest room when girlfriends sleep over.