My New Blog

Should You Have Granite Countertops?
November 19th, 2012 7:50 PM

Research using Williamsburg Multiple Listing Service was conducted for homes sold over the past year (May 2011 to May 2012) within James City County and the City of Williamsburg with Laminate counter tops, Corian counter tops, and Stone Counter tops.

Type of Counter           Number Sold            Range           Median Sales price

Laminate Counter tops         191       $41,000 to $555,000         $259,000

Corian Counter tops                 71       $187,500 to $1,285,000   $400,000

Granite Counter tops             216       $200,500 to $1,285,000    $408,375

If the searched was narrowed for homes built since 2003, the numbers are as follows:

Type of Counter         Number Sold         Range            Median Sales Price

Laminate Counter tops    58        $110,500 to $396,805         $261,500

Corian Counter tops         21         $255,000 to $1,010,000     $367,000

Granite Counter tops        94        $200,500 to $1,275,000     $408,375

This shows that new construction higher end homes are typically Corian or Granite. Houses with granite counter tops have a higher median sales price by approximately $41,000 than Corian counter tops. The median sales price for granite homes is $146,875 higher than that of homes with laminate counter tops. The highest sales price over the past year of a house built since 2003 with laminate counter tops is $396,805. It was located in the Marywood subdivision.

This information listed above does not indicate an adjustment for granite versus Corian versus Laminate; however, it does suggest what price ranges are expected to have upgraded counter tops.

Posted in:General
Posted by David L. Hertzler, II on November 19th, 2012 7:50 PMPost a Comment

Subscribe to this blog

My Favorite Blogs:

Sites That Link to This Blog: