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How much will my house value increase with the addition of a 3/4 bathroom?

We have a half finished basement with a family room and third bedroom and plan to finish off more basement by adding a 3/4 bathroom down there.  We have an estimate of $11,000 and one for $18,000 which is quite a difference. 

Will we get to add square footage of living space to the house after the bathroom is complete or does unfinished basement already count toward the houses square footage?  And, how much can we expect the value of the house to increase?  We are hoping to sell in the next two years.
  • January 11 - Locust Grove
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Answers (3)

What's your house worth now?

  • January 12
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In square footage, the amount shown most prominently is the above grade finished living area with four season heating/cooling (as appropriate).    The basement can be found if you click on "see data sources".  You can also edit to unfinished, part finished and fully finished.

Finished basement adds perhaps 1/2 the $/sq foot as above grade living area.

  • January 11
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The answer is, it depends on how many bathrooms you have already? if you only have 1 in the home, than, yes, it will definitely increase your value.  Also, if the basement is unfinished, it may be worth getting a quote to finish the basement and take the lower quote for the 3/4 bathroom, as that may effect your value more...We cannot give you the actual increased value without knowing the address of the home and what is going on with the properties surrounding your home.
  • January 11
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