Home | Newsletter | Advertise
loading...

The $60,000 Bathroom Premium

  • January 20, 2016

by Nena Perry-Brown

The $60,000 Bathroom Premium: Figure 1
A bathroom at 1055 High in Georgetown

Curious what that extra bathroom will cost you when looking for a new home? New data suggests that it will run you an additional $60,000 in DC.

District Measured analyzed the market values for over 15,000 two-bedroom homes in the District and found that, on average, having a second full bathroom increases a home’s value by 15 percent or $59,871. An additional half bathroom makes a difference of $23,228.

The $60,000 Bathroom Premium: Figure 2

The added benefit of a second bathroom varies depending on the neighborhood, although this is likely due to overall home square footage. The study shows that Georgetown sellers see the largest increase in home value with an extra bathroom, while the home price differential for an additional bathroom is much smaller in neighborhoods like Brookland and Trinidad.

See other articles related to: district measured

This article originally published at https://dc.urbanturf.com/articles/blog/the_60000_bathroom/10774

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse