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Is it worth losing a bedroom to expand the bathroom and make a walk-in closet

I have a three bedroom, one bathroom house - all bedrooms and the bathroom are on the second floor. All three bedrooms are relatively small (two are 9.5x12 and one is 11x12), and the bathroom is only 5x6.5. In addition, the closets in each of the bedrooms are only 2 to 3 feet long, and one isn't even deep enough to hold standard-size hangers.  I'm thinking of taking the middle bedroom (9.5x12) and turning it into a walk-in closet from the master (11x12), and expanding the bathroom into this room as well.  Would I lose significant market value from my home if I did this?  I'm having trouble looking at comps in my neighborhood since most are semi-detached and my house is a single-family.

Thanks!
  • December 26 2013 - New Cumberland
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Answers (6)

What is the primary make up of your area? Is it 2 bedrooms or 3 bedrooms?  And as others have asked, what is your short and long term plan with the property. 

If you plan on staying there at least 3-5 years, then make it so that you are comfortable as long as you are not drastically changing the functionality of the home. 

As for resale, you may shorten the buyer pool of those that HAVE to have 3 distinct bedrooms,but many times buyers that can be flexible will love the enlarged space. 

Ive been in neighborhoods (Especially condos) where the floor plan is the exact same, but they make the bedrooms a little larger and cut out an extra and many times the buyer will buy the larger rooms.  

So be happy in your space.  And if you are looking at selling in a short time period, don't forget to look at the cost of the project vs the return/resale price of inflation.   If your house is currently worth 200K and you spend $30K for your home to worth $175K - you have to be willing to eat that cost (Numbers are totally just examples).

Good luck.  
  • December 29 2013
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Profile picture for Ofe Polack
If you are planning on living in this property for a while, by all means remodel it so you can be more comfortable.
  • December 29 2013
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Profile picture for JoshBarnettREIB
Not for re-sale but if this is the home you will be retiring in, then you would want it as comfortable as possible for your retirement. 
  • December 29 2013
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Thing is you have to be comfortable living in the house if it has 2 bedrooms or 3. I fit is not working out
for you it probably wouldn't for someone else either.
I had a small home that was 3 bedroom but had the laundry in the basement (outside entrance) I didn't
have any problem with loosing a bedroom for an in house laundry.
It is marketed as a 2 bedroom as has no trouble the the rental dept. and gets buy offers all the time.

It would be nice to find a house that works for you and buy that one...but many people just don't have the option to do that.
Wish you luck in what ever you decide , make the house work for you.
-Joseph-
  • December 29 2013
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I appraised Marlon Brandos house - he took out a bedroom to enlarge the bathroom and another bedroom to make the master larger. He was very happy with his house.

Bottom line - It all depends what will make you happy and comfortable.
  • December 26 2013
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No, but. Your three choices are really:

1. Live in the home as-is, which is clearly unsatisfactory.
2. Find a house to buy with a larger bathroom and walk-in closet.
3. Modify your house.

If you plan to live in the home for a while, might as well make it your own, even though it may cost you a bit.

All the best,
  • December 26 2013
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