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Turning a 2BR into 3BR
Hello everyone,
There is a property that I am interested in: 2 BD, 4 BA (2 Full & 2 Half) , 2500 sqft listed at $370k
This house has an additional Game / Office Room 14x16 sqft.
Based on comps in the area, a 3 BD & 4 BA is selling $425k-450k. (I can see opportunity to add value!!)
I want to turn this house into a 3 bedroom by adding a closet to the Office Room and adding a shower to the 1/2 bath next to it.
It is my first time being involved in a renovation, so before I make any offers, I would like to get some thoughts on the following:
- Any permits needed to add a closet? It is basically adding a wall with some electrical outlets so my guess is we need electrical permit?
- Any permits to add a shower in the 1/2 half bath?
- What would be good estimate for this rehab? If you can please break down the costs of both.
Thanks