Jump to content

What adds more value


russian rocket

Recommended Posts

Hey guys I need your opinion. I am having an argument with my wife about what would add more value to our home. Our house is a 3 bedroom 1.5 bath 2k Sq ft house with laundry upstairs. All bedrooms upstairs. The main bath is upstairs and is the size of a bedroom. The lay out is, bath, laundry room, master bed. Other 2 bedrooms are on the opposite side. I want to create an en suite for the master by turning the laundry into a master bath and turn the large bath into a smaller full bath and laundry room.

My wife wants to turn the large bath into a bed room and then turn the laundry room into a small bath and small laundry room.

Keep in mind we can add a bedroom in the basement in the future if need be.

 

moving laundry into the basement is not an option, my wife does too much laundry with 3 kids.

 

for those wondering, the bath is ~10.5ftx11.5ft and the laundry room is ~7.5ftx11.5ft

Edited by russian rocket
Link to comment
Share on other sites

Your way. 3 bed 2.5 bath with a master > 4 bed 1.5 bath. With no master and a tiny full bath.

 

100% the added bath is worth more than the 4th bedroom. Plus people buying a 4 bedroom means more people and a smaller bathroom is never a good idea with adding more bodies

Link to comment
Share on other sites

100% the added bath is worth more than the 4th bedroom. Plus people buying a 4 bedroom means more people and a smaller bathroom is never a good idea with adding more bodies

 

^^ This. Also consider what dollar per sq. ft. homes in the area are selling for too. Unless you plan on retiring there you don't want to put money into a home only to take a loss on it later. I'm in that arguement with my wife daily.

Link to comment
Share on other sites

For perspective, when we were remodeling our house after it was gutted from smoke damage, we looked at adding utilities to an upstairs linen closet to turn it into a laundry room. Small '60s closet...$5500 to add power, water, drain.

 

I think you're good with the extra bathroom, considering water's already flowing in and out. Can always convert another room to a BR; closets are a lot cheaper to add. :thumbup:

Link to comment
Share on other sites

Agree with the bathroom.

 

Couple other comments:

 

How much longer do you plan to stay in the house? Are you looking to sell soon, or plant roots for a few years. Just make sure you don't 'over-improve' the house compared to the comps in the area.

 

If your house currently resides in the top 10% of value before you do reno, make sure you know you won't get everything back if that pushes you to the top of the list for most expensive house on the block.

 

Just a few things to keep in mind when you're picking finishes and such for whatever remodel to you decide to do.

 

Good luck! It can be fun and stressful all at the same time :thumbup:

Link to comment
Share on other sites

thanks everyone, i think.....wait for it, she might actually change her mind.....now granted she will never tell me i am right. but still a small victory lol

 

we plan on living in this house for quit some time, i guess thats one advantage to your first home having everything you wanted in a house

Link to comment
Share on other sites

Hey guys I need your opinion. I am having an argument with my wife about what would add more value to our home. Our house is a 3 bedroom 1.5 bath 2k Sq ft house with laundry upstairs. All bedrooms upstairs. The main bath is upstairs and is the size of a bedroom. The lay out is, bath, laundry room, master bed. Other 2 bedrooms are on the opposite side. I want to create an en suite for the master by turning the laundry into a master bath and turn the large bath into a smaller full bath and laundry room.

My wife wants to turn the large bath into a bed room and then turn the laundry room into a small bath and small laundry room.

Keep in mind we can add a bedroom in the basement in the future if need be.

 

moving laundry into the basement is not an option, my wife does too much laundry with 3 kids.

 

 

 

for those wondering, the bath is ~10.5ftx11.5ft and the laundry room is ~7.5ftx11.5ft

 

 

Your both right.

 

Updating the bath is the best thing to do in your case, but adding ADDITIONAL Baths and Bedrooms is the best way it increase resale value. Also-there is a 95% chance that bed room you wan to add in the basement will not be a "legal" bedroom according to the MLS and will not give you any value.

Link to comment
Share on other sites

I like it! I've been trying to talk the ole lady into a Murphy bed for the basement. Why waste all the space for a permanent bedroom when you can have an entertaining area and then quickly switch it to a comfortable bedroom. Beats the hell out of sofa beds.
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...