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Updated about 3 years ago on . Most recent reply

User Stats

74
Posts
29
Votes
Ziad Hamati
  • Lender
  • Houston
29
Votes |
74
Posts

Turning a 2BR into 3BR

Ziad Hamati
  • Lender
  • Houston
Posted

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

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