Every few weeks or so, yet another home that was designed by Frank Lloyd Wright (or one of his disciples) seems to go on the market. But while these homes are no doubt beautiful and unique, are they really worth more money?
To answer that question, Realtor.Com compared homes that were designed by starchitects like Wright to other luxury homes in the area to see if the famous name really affected the price. Check out their nifty graph of their findings below:
While Wright homes do seem to go for more than other homes in the area (52 percent higher than the medium price), his name is not the most valuable when compared to his fellow architects. For instance, you can get his Arnold Jackson House in Beaver Dam, Wisconsin for only $475,000:
Marcel Breuer, on the other hand, who designed the old Whitney building (now the soon-to-open Met Breuer) has homes that sell for 66 percent more than the medium home price; his Breuer House II is currently on the market for $5.85 million in New Canaan, Connecticut.
Frank Gehry only designed between 30 to 35 homes, and their rarity makes them even more valuable. Right now, you can buy his Schnabel House (no relation to the artist) in Brentwood, CA for $9.95 million.
Julia Morgan is sadly the only woman on the list. She is best-known for designing Hearst Castle and her name does get her houses 41 percent more than comparable homes in the area. Though slightly less grand than Hearst’s palace, you can now buy this lakefront estate in Tahoe she designed for $8.95 million:
Philip Johnson is best known for Glass House, but all of the homes he designed fetch a premium on the market — holding a 149 percent premium! On the market now is the Wiley House in New Canaan, CT, which is going for $14 million.
But the most expensive name to put on a home? John Lautner, who among his many projects, did the James Goldstein House, which he just donated to the LACM. If you are in the market for one, though, you can check out this house in Malibu, on the market for $17 million. It’s certainly a wow.