How The Number Of Bathrooms Affects A Home’s Price

bobbybaldor Real Estate Leave a Comment

When shopping for a house to buy, there are a number of features that could rank highly on a home buyer’s must-have list. Anything from a pool to energy-efficient appliances, a big kitchen, or extra storage space might rank near the top. And houses with the day’s hottest features are sure to sell quickly and at a premium. But, according to a new analysis from RealtyTrac, the number of bathrooms a home has may be among the best indicators of how easily it will sell and for what price. Between 2001 and 2014, homes with two bathrooms saw a 43 percent rise in value, while six bathrooms helped a house nearly double its worth. In fact, the average sales price of a home with six bathrooms was $530,433 in 2001 and, by 2014, the average rose to $1,014,964. Granted, since the high-end of the housing market rebounded more quickly from the housing crash – in addition to the fact that extra bathrooms mean more square footage – that may not be that surprising. However, it can’t be denied that a home with more bathrooms will be more attractive to most buyers. As evidence of that, 40 percent of American homes had a bath-and-a-half or less at one time. Now, just 5 percent of homes have less than one-and-a-half baths. More here.

Bathroom

About the Author

bobbybaldor