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Updated over 4 years ago on . Most recent reply

User Stats

40
Posts
17
Votes
Josh VanSetten
  • Investor
  • North Central Montana
17
Votes |
40
Posts

1/2 bath to full bath in a brrrr

Josh VanSetten
  • Investor
  • North Central Montana
Posted

Hello BP people. I am very excited to say we are under construction with a new brrrr property we picked up in January. We bought the single family 3 bed 1.5 bath house for 75,400 and it appraised before closing at 107,000. It was a HUD foreclosure. I am looking for a bit of input. The bedrooms are all on the second floor as is the full bath. I am considering changing the 1/2 bath downstairs to a full. It wouldn't be a ton of work and it has good access, but I am not sure if it's going to make the appraisal at refinance significantly more. I would love to hear your thoughts and learn from anyone's experience. I will post pictures of the project as we continue on so if anyone is interested in following along you can. Thanks in advance.

Most Popular Reply

User Stats

3,757
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3,109
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
3,109
Votes |
3,757
Posts
Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
Replied

@Josh VanSetten

I don’t think converting from a 1/2 Bath to a full will give you much of a return.  The cost of converting this is probably not worth the money.  It’s of course your call but I don’t think depending on the cost nets you enough.  Going from a 1 bath home to a 1.5 is a big difference.  The full bath is near the bedrooms and the powder room is on the first floor.  Save your time and money.

  • Kenneth Garrett
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