how much value does changing a half bath to a full bath add to a home??

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How much value does changing a half bath to a full bath add to a home?
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July 18 2011 - Country Club
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Answers (2)

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A full bath has more value than a half bath. The actual amount depends on location and comparable properties. In Manhattan in a prewar building a 2 bedroom 2 bath apartment is much more desirable than 1.5 bath since the 1/2 bath does not function like a full bath. It is only a "powder room" since there is no shower or tub.

Link below to an article from Matrix/ Miller Samuel a leading appraiser in the New York area.

Mitchell Hall, Associate Broker
The Corcoran Group
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August 04 2011
In general, you will not get the value back that you put into this type of improvement.

However, if you have a home that is a 1 1/2 bath and your competition in the area has 2+ baths it might be advisable to convert the bath in order to compete for the buyers.

A reasonably good article on this subject can be found here: http://www.msnbc.msn.com/id/41624719/ns/business-personal_finance
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July 18 2011
 

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Profile picture for Mitchell Hall
Questionhow much value does changing a half bath to a full bath add to a home??
  • Latest answer by Mitchell Hall
  • August 04 2011
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