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Updated over 3 years ago on . Most recent reply

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18
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James Konvalinka
  • Real Estate Agent
  • Milwaukee, WI
7
Votes |
18
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Basement Bathroom Plumbing Questions

James Konvalinka
  • Real Estate Agent
  • Milwaukee, WI
Posted

Hey All! 

I am wondering if anyone has experience with adding plumbing for a full bathroom in the basement of a single family home here in Milwaukee, WI. I am currently looking into a property that I am planning to flip with a partner of mine and had some questions about adding plumbing in a basement. Our plan is to finish the basement, add an egress for a bedroom and a full bath however there the basement does not have any plumbing for a bathroom. 

What are some things that we need to be aware of when adding a bathroom in the basement?

How much on average does something like this cost? 

Does anyone have any tips or tricks they have dealt with that they would be able to share to a newbie flipper? 

Any info is very much appreciated! :D

Most Popular Reply

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4,474
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6,432
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Marcus Auerbach
#2 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
6,432
Votes |
4,474
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Marcus Auerbach
#2 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

@James Konvalinka - usually not worth it on a flip, neither the egress nor the plumbing under the concrete add more cost than they bring value. 

Unfortunatly good flippers know to limit themsevelves to paint & carpet as much as humanly possible - that's where you create bang with your buck. The rest is better for suited for TV shows,  because painting is boring and even though now you can add a "legal bedroom", it's still below grade square footage and in an medium priced Milwaukee neighborhood will only fetch you about $20 per SF.

Equity is created much easier with the pen than with the hammer.

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