All Forum Posts by: William Bellefontaine

I was in this same predicament last summer.. We have a 2/1 that we considered making a 2/2. The juice didn't seem worth the squeeze. It's a lot of money out of pocket for the possibility of adding a little more cash flow each month. We found that it would probably not raise rent in our area and it would add very little value to the house. I would use the bigger pockets calculators or rentometer.com to run analysis on 2/2's in your area vs 2/1's. 

Something else to consider would be whether you're planning to keep the property long term, or whether you're fixing this to sell it. Look at whether the numbers make it worth it.

I don't have a perfect answer for this given situation but I would typically advise staying away from bathrooms as a form to improve a house or the value of the house unless it is very cosmetic. Plumbing is expensive and rather focus on homes where you can easily/cheaply add square footage -- i.e. converting a garage into a bedroom/more square footage, converting a shed into a 2nd rental, etc.