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Updated almost 6 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Mike Rubin
  • Rental Property Investor
  • Baltimore, MD
4
Votes |
9
Posts

Value add rental layout?

Mike Rubin
  • Rental Property Investor
  • Baltimore, MD
Posted

Seeking advice on a layout - value add..

I have a duplex in that I am renovating for a buy and hold in a B+ neighborhood. Hoping for a high 300 ARV. The first floor is one unit. My question is which of the following options would add the most value to the appraisal and from a rental perspective?

Currently: 1 Master bed, 1 small room w/ VERY small closet and a small bathroom (7.5'x 4'8") in this unit.

OR - 1 Master bed, LARGE bathroom and small walk in closet

Basically, if I were to live there I would prefer to knock the wall out between the small bathroom and small bedroom (in back of the house) and have an overall larger bathroom and walk in closet. I only want to do this if it would add more value to my final appraisal value / rental value. Thoughts and recommendations appreciated.

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