baltimoresun.com

« Md. foreclosures since 2006: Almost 50,000 | Main | Company town »

February 13, 2012

Few bedrooms, big price

You'd be forgiven for thinking that pricey homes always have a lot of bedrooms. They so often do.

Take this seven-bedroom spread in Annapolis. Or this 12-bedroom, 19-bathroom mansion (who's using all these bathrooms?) in New Jersey. Or, heck, this 30-bedroom house near Orlando with an entrance designed to look like the opulent Palace of Versailles. Thirty bedrooms!

But one house selling in the Baltimore region last month in the $600,000 to $799,999 category has two bedrooms at most, according to the newest sales statistics from Metropolitan Regional Information Systems.

I don't know much about this place, except that it's in Anne Arundel County and so is probably well-above-average in price thanks to waterfront. To give you an idea of how unusual this is, there wasn't another one- or two-bedroom single-family house in the entire Baltimore region that sold for more than $400,000 last month.

Average price of a two-bed-or-less house in the Baltimore area last month: $148,000. Almost half sold for less than $100,000.

When it comes down to it, though, how many bedrooms does a mansion really need? I mean, is anyone entertaining enough to make 30 bedrooms a must-have? Also ... 19 bathrooms?

Most buyers are opting for three or four bedrooms. But most buyers aren't rolling in dough. If you were, would you drop some of it on a place with bedrooms in the double digits? (If not, what would you have in your ideal digs?)

On the flip side: Lots of bedrooms does not always an expensive house make. Here's a place with 10 of 'em in Northwest Baltimore currently on the market for $39,000. So if you really need a bunch ...

Thanks, by the way, to colleague Gus Sentementes for handling last week's January home sales story while I was on vacation!

Posted by Jamie Smith Hopkins at 6:00 AM | | Comments (2)
Categories: Housing stats
        

Comments

It could be a full-time job keeping 19 bathrooms clean and supplied with toilet paper.

Hah! Too true, Dahlink.

Post a comment

All comments must be approved by the blog author. Name-calling aimed at other commenters is not welcome here. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Verification (needed to reduce spam):

About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
Baltimore Sun articles by Jamie
-- ADVERTISEMENT --

Most Recent Comments
Baltimore Sun coverage
Baltimore Sun Real Estate section
Archive: Dream Home
Dream Home takes readers into the houses of area residents who have found their ideal home.
Sign up for FREE business alerts
Get free Sun alerts sent to your mobile phone.*
Get free Baltimore Sun mobile alerts
Sign up for Business text alerts

Returning user? Update preferences.
Sign up for more Sun text alerts
*Standard message and data rates apply. Click here for Frequently Asked Questions.
  • Sign up for the At Home newsletter
The home and garden newsletter includes design tips and trends, gardening coverage, ideas for DIY projects and more.
See a sample | Sign up

Charm City Current
Categories
Stay connected