Pendant Lighting Can inrease the value of your home

By
Real Estate Agent with DeLex Realty

Installing pendant lighting over a counter can increase the sale price of your home and reduce the over all days on market. Pendant lights give a feeling of a higher end home and can easily be installed at a fraction of what you will reap in returns.

In the average home with an attic, pendant lighting can be installed in less than a full day with a separate switch by a licensed electrician. One would expect to pay approximately $600 in labor and about $200 in materials (less the cost of the lights) for a very clean, professional installation. Pendant lighting can be purchased from $50 per fixture to thousands of dollars per fixture, depending on your tastes. (In many cases I would challenge anyone to tell me the difference in price in most light fixtures by seeing them).  

It is estimated (according to research conducted by Zillow) that pendant lighting can increase the sale price by as much as 4.6% in the Phoenix market. Assuming you chose a modest pendant light and have three of them professionally installed, you will be have approximately $1,100 after installation and will increase the overall average sale price of your home substantially more than the $1,100 invested.

Posted by

James (Jim) Lord

jim@jimlordregroup.com

www.jimlordregroup.com

480-648-3378

Comments (3)

Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Message Real Estate Agent with DeLex Realty, Jim Lord.

Jan 23, 2017 11:03 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good advice to share with home owners.

Have an outstanding week.

Jan 24, 2017 03:57 AM

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