Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

49
Posts
13
Votes
Jónas Tryggvi Stefánsson
  • Reykjavík, Iceland
13
Votes |
49
Posts

Much much to charge for a private bathroom?

Jónas Tryggvi Stefánsson
  • Reykjavík, Iceland
Posted

I'm looking into renting out a bedroom with a private bathroom.

I've done a price comparison and judging by the location, condition and size of the bedroom the ongoing rental rate should be about $840 (rental prices for bedrooms are absurd in my area).

However, that price is not taking into account the private bathroom. Every listing I find on bedrooms, and thereby its prices, is based on a shared bathroom and kitchen with other tenants. 

How much more can I reasonably expect to charge in rent, providing the tenant access to a small private bathroom? At the same time there would not be access to a proper kitchen. 

The bedroom is big enough to support a small functional kitchen area, which will be added (fridge, small stove, microwave) and effectively turning the bedroom into a very small studio apartment.

How much more can I reasonably charge based on this added feature? I've done some searches online and can't seem to find an obvious answer. The room is in an area where not having access to a proper kitchen is not a problem.

Thank you very much in advance! Let me know if more details are needed.

Loading replies...