Written by The Business Journal Staff
If you’ve ever wanted to add an extra bedroom to your home, Fresno might not be the most affordable place to make it happen, according to a new study.
The price to upgrade from two bedrooms to three is $99,585 in Fresno, placing it at No. 11 of a list of top 100 U.S. metros for the cost of such an addition, according to RealtyHop, a residential real estate website.
The most expensive place to go from two to three beds is in the Silicon Valley area, with a cost of $269,050. Four other California areas –Oxnard, San Francisco, San Diego and Stockton –round out the top 5.
Bakersfield appears at No. 12 on the list, for a cost of $94,900.
The most affordable place is Las Vegas, at a cost of $80,000.
The report looks at the median sales price in the top 100 metro areas by population.
The median price for a single-bedroom home in the U.S. is $148,210, up to $460,507 for a five-bedroom home.