If Barbie's Malibu Dreamhouse were real, it would cost $2.7 million more now than in 1962
It discovered that Barbie's home purchase has been a successful real-estate investment. Corelogic found that in its original location of Malibu, California, the iconic mansion would have cost $77,537 in 1962, drawing from the home sales, tax appraisal, and listing data it uses to create price indexes for US metro areas.
To come up with the real numbers for the fake Barbie Dreamhouse, Corelogic drew from their sales, appraisal, and listing data, singling out properties that shared these features with the iconic property: A home that is at least three stories, has a single-car garage, an elevator, three bedrooms, two full bathrooms, living room, kitchen, and patio or outdoor space with a pool.
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