The $60,000 Bathroom Premium
✉️ Want to forward this article? Click here.
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 edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Plans for the large new residential project are looking to get started again after mo... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
The residential pipeline in Adams Morgan has slowed in recent years, and now there ar... read »
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