Resale value: will I get my money back out of a bathroom reno

[suntan]

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Most people can't hang a picture on a wall without it being crooked. Saying the average buyer "wants" any unfinished rooms in a house is a stretch.

Beyond is always in the 99th percentile of everything you consider, don't forget that.

if you want to do the reno, I'd listen to pheoxs. You're unlikely to lose money on the reno, and your listing should appeal to more buyers.

Will you profit for doing it? Debatable.

Will it still sell if you do nothing? Of course.

Well presumably the new owners would hire someone to do the reno.

[msommers]

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Gonna bump this instead of creating a new one - We have a basement bathroom we never finished - Literally just studs with electrical/plumbing roughed in. Was too cost prohibitive when we were doing the basement & we really just needed the extra bedroom + playspace for the kids down there at the time. Plan was to do it down the road, but it got turned into a storage room and never completed (upper level has 2 + our ensuite)

Plan is to look at selling in summer this year.

It's a builder grade spec house from 2013 - Right down to the builder-beige paint, boob lights, generic 6-pannel 7ft doors, etc, etc.

Do I bother doing an inexpensive bathroom? Or should I just leave the drywall in a pile and let the future owner build his own windowless 12'x5' dream bathroom?

I'm thinking a simple "Costco" reno would be sufficient to help sell and get my money back on it (I could do most work, but I'd be throwing money at this to just get it done)... Prob some vinyl tile flooring, Get a pre-sized sink/vanity, Generic tub/shower surround, toilet and some basic fixtures.

If I'm following your post accurately, you have a finished basement less a bathroom (but it's rough in for one to be done)?

If that is the case, I would finish the bathroom. It will look out of place and incomplete which could be a turnoff to some buyers.

If the whole basement is still unfinished, I wouldn't bother.

Truthfully, it's still a buyer's market so it likely doesn't matter either way.

[max_boost]

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Most people can't hang a picture on a wall without it being crooked. Saying the average buyer "wants" any unfinished rooms in a house is a stretch.

Beyond is always in the 99th percentile of everything you consider, don't forget that.

if you want to do the reno, I'd listen to pheoxs. You're unlikely to lose money on the reno, and your listing should appeal to more buyers.

Will you profit for doing it? Debatable.

Will it still sell if you do nothing? Of course.

lol so true haha

- - - Updated - - -

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Good question. Ask Jordan and then list it with him.

That guy gets shit done

[Xtrema]

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If the whole basement is still unfinished, I wouldn't bother.

Truthfully, it's still a buyer's market so it likely doesn't matter either way.

May be new owner has some art room planned and need a 3 people shower.

[schurchill39]

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I wouldn't do it. The listing can say "additional basement bathroom roughed in" and will get you most of the way there. If I was buying a place, I'd much rather have undeveloped space and do it myself.

I agree with this. Most renos guys do to sell end up being a cheap and trashy product which sounds like would be his plan "just to get it done". Leave it as roughed in then if someone who buys can build it how they want with the quality of product they want. I would be more turned off with vinyl tile floor, shitty premade vanity and slapped in fiberglass surround than an empty bathroom.

[suntan]

Thinking about fiberglass surround showers and tubs gives me PTSD.

[ThePenIsMightier]

Let's talk about the two elephants that are currently fucking each other in the room. The guy wants to sell in summer and is asking about starting to think about beginning to plan a renovation now...

There is a disconnect in scheduling expectations.

[suntan]

Meh should be possible. My reno was done in 10 days. Lead time is the main issue.

[ExtraSlow]

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It's the third week of Jan, and you want this listed by let's say 2nd week of June. You have not finished planning, so let's say that takes 2 weeks if you start today. You have therefore 18 weeks to get it done and take photos. Should be doable, but delays or problems will impact your listing date.

Just something to keep in mind.

Posted for elephant fornication.

[ThePenIsMightier]

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Posted for elephant fornication.

Have I told you lately....