The $60,000 Bathroom Premium
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.
story continues below
loading...story continues above
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 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.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
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. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro