How Much Value does Adding a Half Bath add to a 3 BR rental or condominium

Not to sound contrary, but to many the half-bath in a one-floor apartment is rather useless addition (I’m one of them) – what many really need is a whole bath with a shower so two people can get ready for work at once. Is there any way you can rework the space so as to add a shower to get a full bathroom in there? That would be of unquestionable value, especially in a condo. It also depends on who your expected interested tenants are. In a brownstone, only one of those bedrooms is likely to be good sized – the others will be narrow and small, and likely seen by many renters as rooms to be used as offices or other non-sleeping uses – not necessarily as rooms for another person to squeeze in.

brokelin

in Roofers 10 years and 10 months ago

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Brooklynnative | 10 years and 10 months ago

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I have a four unit Park Slope Brownstone zoned for PS 321\. I’m about to renovate the top floor unit – will be a real three bedroom after the renovation. Question is do I take out a small closet and airshaft and add a half-bath? Is it worth the cost? Someday I may convert the apartments into condos so I’m also thinking of the sale value as well. thanks.

anotherposter | 10 years and 10 months ago

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Are you deciding between 1 and 1.5 bathrooms for the 3 bedrooms? If so, I’d say go for the half. An extra toilet and sink is a godsend, imo, for a space being shared by several people. We actually rented a 2 bedroom (as a couple) once that had 1.5 baths and just for us we ended up loving having that extra half bath. We were just looking for 1 but that extra half probably helped us pull the trigger on that place.

primebrooklyn | 10 years and 10 months ago

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I’d say you could expect to get a bump on your rent Of $200-300/mth on a true three bed with 1.5 baths. Depends on location in slope, actual Sq ft of the unit Etc… But extra half bath will make a difference to A lot of renters. I manage a building where I have a three bed with single bath and two bed with single and both tenants would pay more for the half.

Brooklynnative | 10 years and 10 months ago

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Thanks for responding Poster and Prime. The location is 2nd between 5th and 6th. It’s a big decision to make – will be a substantial cost for a rental.