Thoughts on adding an extra 1/2 bathroom

[Enrique Roth]

Hi everyone,

We're about to begin the rehab work in one of the properties we purchased in Old North Milwaukee. Our contractor mentioned that there's a possibility of adding an extra 1/2 a bathroom to the upstairs floor, turning the property into a 3br 1.5btr.

When we asked our agent his thoughts, he mentioned this wouldn't increase the ARV of the property much as we're already maximizing the ARV in the area.

Would love to hear from fellow investors in the area what your thoughts are here, not only from an ARV perspective but also by how much could it potentially increase the rent value.

Thank you so much! 

[Enrique Roth]

Thank you everyone - this is great advice! 

In short, we shouldn't expect much increase in ARV but an additional 1/2 btr can go a long way in increasing demand, appeal, and attracting better tenants while lowering turnover.

If our budget allows it, we'll add it to the property 💪