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Updated about 10 years ago on . Most recent reply

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20
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Mimmo La Marra
  • Wholesaler
  • Kingsville, MD
1
Votes |
20
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would you put a wet bar in the basement of a property that you are rehabbing for a flip?

Mimmo La Marra
  • Wholesaler
  • Kingsville, MD
Posted

I am thinking about putting a wet bar in the basement of the property I am rehabbing. Do you think it would be a waste of money, or it could be a good resale value? has any of you done it?

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17,995
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J Scott
  • Investor
  • Sarasota, FL
17,196
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17,995
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

How big is the property?  Who is your potential buyer going to be (bachelor, family, couple, etc)?  What would you otherwise do with the space?

This is one of those things that could certainly be a selling feature if the likely buyer is someone who would want it.  It could also be a detractor if the likely buyer would much rather have the space as a child's playroom, a media room, an office, etc.

So, you need to figure out the likely profile of your buyer first, then decide what the right amenities are to attract that particular buyer...

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