Abriel, Other/Just Looking in Satellite Beach, FL

How much value will adding a second bath bring to my house?

Asked by Abriel, Satellite Beach, FL Tue Mar 16, 2010

We live in Satellite Beach Fl. Our house is aproximatley 1300 sq. ft. We have a 3bdrm, 1 1/2 bath, large pool & 1 car garage. Our current bathrooms are "Jack & Jill" style with one bath off the main hallway & one in the Master Bedroom, both lead into the seperate shower/tub room. We are considering renovating our master Bedroom to accomadate a full master bath and therefore making it 2 full baths. Can anyone advise on how much value this could bring to our home? The 1 1/2 bath is fine for me & my husband but we do plan on selling the house in a few years...Thanks

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This is the type of improvement that will add value - and while it is difficult to say how much, I am quite certain that it will make your home more marketable and cause it to sell more quickly. A local agent with access to your local MLS data will be able to provide specific feedback on the pricing differential between homes with one full bath, one half -- and homes will two full baths.

This is one that makes sense!

Good luck,
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1 vote Thank Flag Link Tue Mar 16, 2010
Among other things it depends on the number of the "few years. For people who are planning to stay in their home for 5 or more years, the ROI are going to be different than for people who are planning to sell in a year.

Lets not forget, that most of the home remodeling projects never returned 100% if the property is sold in 1 year.

Obviously, if you are planning to stay put for over 5 years, you may not only recoup the money invested in remodeling, you will enjoy a custom designed finished basement, new, more efficient kitchen, beautiful master bathroom or, in other words, a better quality of life along the way.

http://www.aadesignbuild.com
0 votes Thank Flag Link Tue Mar 16, 2010
Looks like Mott and I are at odds.

Please see NAR statement showing a Bath Remodel get 61.9% - as you are adding, your costs will be higher, much higher if a bath was built in the first place.
You are in a 1300 foot house. The issues are to add a bath you are going to tear up a ton on concrete to replum ( I have done this work about 20 times) - so what one can do in 2 hours on a new home will take two days

http://hffo.cuna.org/12433/article/2880/html#jump_8745


maybe call me 1/2 right and Mott 1/2 right you get 75%
0 votes Thank Flag Link Tue Mar 16, 2010
Abriel-

The cost of the 2nd bath will probably be recovered almost i full when you decide to sell. More importantly- your house will probably sell faster, being more comparable with others in the neighborhood. a 3 bedroom house really needs at least 2 full baths.
0 votes Thank Flag Link Tue Mar 16, 2010
If done right you will get about 50%
0 votes Thank Flag Link Tue Mar 16, 2010
Abriel: The market will have changed by then so you will need to compare other homes with similar amenities when you are ready to list.

It will make your home easier to sell above other listings that you will be competing with at the time you decide to list.
Web Reference: http://www.soreal.biz
0 votes Thank Flag Link Tue Mar 16, 2010
Abriel, As an agent in the area, the selling point on a full 2 bathroom homeis more pleaseing than what you have. The problem with what you have is, what space ae you going to take up to make the two, and how is it going to blend with the other two bedrooms. This is what you should also concern yourself with.
0 votes Thank Flag Link Tue Mar 16, 2010
The return on a bathroom addition usually has a fairly high return on investment. It varies slightly in different areas of the country but if you do a mid-line job you will get the most return. Search websites such as realtor.com to get returns in your area.
0 votes Thank Flag Link Tue Mar 16, 2010
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