What style of home has the highest resale value?

What Style of Home Has the Highest Resale Value?

When it comes to buying or selling a home, the style of the home can significantly impact its resale value. While features like location, condition, and market trends play a key role, the architectural style is one of the first things buyers notice. So, if you're looking to maximize your home's market appeal and resale potential, certain home styles are more likely to bring you a higher return on investment (ROI).

This blog post explores the most profitable home styles, with insights backed by market trends and statistics.

1. Traditional Colonial Homes

Why Colonial Homes Have High Resale Value

Colonial homes are a classic favorite. With their symmetrical facades, gable roofs, and stately presence, they exude charm and timeless elegance. Colonial-style homes often feature spacious interiors with formal dining rooms, which makes them a popular choice among families. These features—combined with their traditional aesthetic—make them desirable for a wide range of buyers.

According to the National Association of Realtors®, Colonial homes tend to retain their value and are in high demand due to their consistent appeal across generations of buyers.

Wondering what your Colonial home is worth? Check out our home value estimate tool for a free, no-obligation assessment.

2. Modern Farmhouse

The Rise of Modern Farmhouses

In recent years, the Modern Farmhouse style has skyrocketed in popularity. This contemporary twist on the classic farmhouse incorporates clean lines, open floor plans, and rustic charm. Features like large windows, barn doors, and a blend of traditional and modern materials create a cozy yet elegant atmosphere.

The 2023 Home Design Trends highlight the increasing demand for Modern Farmhouses, making them one of the highest-return styles in recent years.

Interested in buying a home with a modern farmhouse design? Browse our featured listings for the latest options in your area.

3. Craftsman Homes

Why Craftsman Homes Appeal to Buyers

Craftsman-style homes are known for their handcrafted details, including exposed beams, built-in furniture, and large front porches. These homes often feature natural materials like wood and stone, which appeal to buyers seeking a connection with nature and sustainable living. According to Architectural Digest, the return on investment for Craftsman-style homes is high due to their craftsmanship and appeal to buyers looking for unique, artistic details.

4. Mid-Century Modern

The Timeless Appeal of Mid-Century Modern Homes

With their sleek lines, functional layouts, and emphasis on large windows that bring the outdoors in, Mid-Century Modern homes remain one of the most sought-after styles in real estate. Homes built in the 1940s through the 1960s have become coveted gems, especially in areas with an affluent market. This design offers open spaces, minimal ornamentation, and a connection to nature, making them ideal for buyers looking for modern comfort with a touch of history.

National Real Estate Investor reports that Mid-Century Modern homes in desirable locations are commanding top dollar due to their appeal to both younger buyers and mid-century enthusiasts.

Looking for a Mid-Century Modern home in Chicago? Check out our featured listings.

5. Mediterranean Homes

Why Mediterranean Homes Are So Desirable

Mediterranean-style homes are known for their luxurious appeal, featuring stucco walls, tile roofs, and courtyards that enhance outdoor living. These homes often combine both European and California influences, offering high-end finishes and ample space for entertaining. The overall design is inviting and functional, with plenty of room for families and guests.

As noted by Luxury Home Trends, Mediterranean homes in desirable climates such as California, Florida, and Texas continue to offer great resale value, making them one of the most lucrative choices for sellers.

6. Contemporary Homes

Why Contemporary Homes Are a Safe Bet for Resale

While "contemporary" can mean a lot of different things, homes with clean lines, open spaces, and innovative features tend to retain value well. Modern and minimalistic, these homes are appealing to a variety of buyers, especially those seeking something sleek and functional. As green building practices become more common, contemporary homes featuring eco-friendly designs are in high demand.

A recent report by Zillow highlights that energy-efficient homes, often categorized as "contemporary," are seeing an uptick in prices due to growing interest in sustainability.

What About Other Home Styles?

While some styles are universally loved for their value retention, others may not deliver the same returns depending on location and market trends. Ranch-style homes and Cape Cod homes, for example, might appeal to specific markets but generally do not fetch as much as Colonial, Modern Farmhouse, or Craftsman homes.

For a personalized approach on the best home style for your neighborhood, consider getting a free home market analysis.

Maximizing Resale Value Based on Style

If you’re considering selling your home and want to maximize its resale potential, a few simple upgrades can go a long way. Updating landscaping, adding modern fixtures, and maintaining the home’s exterior can significantly improve your home’s value, regardless of style.

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