This is exactly the renovation I recently recommended to a client. They didnt use the formal living room. Most future buyers are not really looking for formal living rooms.
But EVERYONE loves large masters, renovated bathrooms, and huge master closets.
So I think it's a good move.
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My only suggestion for closing the space to the foyer would be to utilize a small part of the new closet space as a recessed niche in the foyer allowing for a piece of furniture or art to be an accent in the foyer. Better than just a flat wall where the opening was.
I see plenty of potential with what you want to do. Contact a designer to help you work out the details. It's amazing what a trained eye can see to maximize all of the space you will be converting.
Think about total living spaces. If all you will have left for communal living sapce is going to be the family room, then you may not wish to do this, but if you have a bonus room, or basement area in addtition to the family room it should be fine.
The final issue you should consider is the length of time you plan on being in the house. IF you're only going to be there a few more years, don't do it, if you have a 10 year time line and you're going to enjoy the new space then it's easier to justify the work and expense.
How does it fits into the overall flow of the house?
Is the formal living room right off the foyer? Will it look odd with it not being there?
Personally and professionally, I think a larger closet and larger master bath or owners retreat is more valuable.prospective buyers enter your home and go, whoa, this is weird or not notice anything?
Again, this all hinges on the overall look of the home after this work is done, will p
Make sure you get this work 'permitted' or it will be a nightmare for you when/if you go to sell it.
The most common requests right now (if you are considering future resale) are homes with a Master Bedroom, Guest Suite, and/or Office on the first floor of the home.
Good luck with your project!
would imagine that a 3600 sq ft house would have a nice size living room...........
Can't you just use part of the living room for the closet, and at least leave a slightly smaller sitting area (it could also be considered a library or office, and still a usable room)?
How big is the family room? If it's a "great room" size (maybe 18 or 20 x25, for example) then having a small formal sitting area/living room would be ok..........but I wouldn't take away the living room space all together..........just my opinion
(how big of a closet do you need?)
I think it definitely depends upon what other people in the area have done with their home. It may be worthwhile to consult both a realtor and contractor who can give you a good idea of what other homes in your neighborhood have as far as features. Do they have walk-in closets and large master baths? Or are formal living rooms a selling point in your neighborhood? Have other people remodeled? What does a trusted realtor say as far as resale value?
That being said, if YOU are not using your current formal living room, and you would gain enjoyment from an expanded master suite/spa with a walk in closet, and you plan to stay in your home for some time, by all means consider the renovation. You're not talking about a major renovation in terms of cost, and right now, kitchen and bath renovations give owners the most return on investment. In addition, the current construction trend is away from "formal" living rooms and toward the great room concept, which is more casual. Also, master bath renovations are trending toward "spa-like" spaces, complete with generous closet space. Often, new homes have his and hers closet spaces. So, based upon current building trends, the investment may be worthwhile.