We live in a 2 bed, 1 full bath loft in SoHo. We are about to turn one of our walk-in closets into a bathroom, but we are debating making it a half bath or full bath. The difference in price for the job is $12k to make the half bath into a full. We will still have our full washer/dryer units, and will only have to move the water heater to accommodate (to the back of a walk-in closet, and it will... [more]
We live in a 2 bed, 1 full bath loft in SoHo. We are about to turn one of our walk-in closets into a bathroom, but we are debating making it a half bath or full bath. The difference in price for the job is $12k to make the half bath into a full. We will still have our full washer/dryer units, and will only have to move the water heater to accommodate (to the back of a walk-in closet, and it will be hidden by a door).
The total price for the half bath job would be $44k, and the full bath $56k. My thought is that it is near impossible to LOSE money on this renovation (additional bathroom, whether half/full should at least pay for itself in resale) while upgrading to a full bath would provide an extra multiple in the resale, compared to half bath.
Do you guys have any thoughts on what that multiple is, generally, between a 2 bed/1.5 bath and 2bed/2 bath in Soho? Is it worth paying an additional $12k to upgrade to the full bathroom?
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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013
Pay the extra $12K. Not sure why there is debate.
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Response by Ottawanyc
about 12 years ago
Posts: 842
Member since: Aug 2011
I think you know the answer and are just looking for affirmation. So yes, of course spend the extra few bucks.
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Response by selyanow
about 12 years ago
Posts: 132
Member since: Dec 2007
Spend the money, you will get it back and also have a quicker sale and more traffic when you sell.
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Response by front_porch
about 12 years ago
Posts: 5320
Member since: Mar 2008
Full - don't see why there's even a question.
ali r.
DG Neary Realty
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Response by Lkgsoh
about 12 years ago
Posts: 106
Member since: Aug 2009
I am sorry but this may be the dumbest serious question I have ever read on this site. Full.
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Response by Squid
about 12 years ago
Posts: 1399
Member since: Sep 2008
In for a penny, in for a pound. Go for it. You'll kick yourself later if you scrimp now.
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Response by jamesone1
about 12 years ago
Posts: 4
Member since: Apr 2009
Thanks guys. I should mention that my current master bathroom is accessible from my living room (so not en-suite), and this new bathroom would also be accessible from the living room only. Does this change any opinions?
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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013
Oh, well then save the $12K.
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Response by Flutistic
about 12 years ago
Posts: 516
Member since: Apr 2007
If you can't afford the extra 12K you can't afford it. This is, what, a $2,000,000 property?
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Response by Primer05
about 12 years ago
Posts: 2103
Member since: Jul 2009
Not sure why the full bath will cost that much, is that with all the material? What kind of tiles?
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Response by jamesone1
about 12 years ago
Posts: 4
Member since: Apr 2009
The guy we are using is an architect/contractor with his own plumber/electrician so he is a one stop shop, which requires a premium I suppose. Beyond that, the assumption used in our plans he used $35/soft tile for the bathroom. I took a quick look at Home Depot and desire the less than fabulous cachet, they had some nice looking tile in the $9-12 range, which reduces the cost of the project be about 6-6.5k.
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Response by 300_mercer
about 12 years ago
Posts: 10577
Member since: Feb 2007
If the apt is more that 1100 sq ft def 2 bath despite the entry from the living room.
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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013
Would the entrances be next to each other?
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Response by jamesone1
about 12 years ago
Posts: 4
Member since: Apr 2009
No, they are separated by a kitchen. Door to door if say it's about 14ft
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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013
ok.
curious what the layout looks like
how many ppl live in the place?
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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013
ok.
curious what the layout looks like
how many ppl live in the place?
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Response by jamesone1
about 12 years ago
Posts: 4
Member since: Apr 2009
2 people at the moment, but at some point a baby as well
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Response by gothamsboro
about 12 years ago
Posts: 536
Member since: Sep 2013
how big is the first bathroom?
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Response by JoseM
about 12 years ago
Posts: 0
Member since: Jan 2014
Are you open to getting a few other estimates? I have a good contact for you. Please shoot me a note at JoseMiranda0112@gmail.com
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Response by deanc
about 12 years ago
Posts: 407
Member since: Jun 2006
uhm $50k for a bathroom....people in NYC have too much money.
Pay the extra $12K. Not sure why there is debate.
I think you know the answer and are just looking for affirmation. So yes, of course spend the extra few bucks.
Spend the money, you will get it back and also have a quicker sale and more traffic when you sell.
Full - don't see why there's even a question.
ali r.
DG Neary Realty
I am sorry but this may be the dumbest serious question I have ever read on this site. Full.
In for a penny, in for a pound. Go for it. You'll kick yourself later if you scrimp now.
Thanks guys. I should mention that my current master bathroom is accessible from my living room (so not en-suite), and this new bathroom would also be accessible from the living room only. Does this change any opinions?
Oh, well then save the $12K.
If you can't afford the extra 12K you can't afford it. This is, what, a $2,000,000 property?
Not sure why the full bath will cost that much, is that with all the material? What kind of tiles?
The guy we are using is an architect/contractor with his own plumber/electrician so he is a one stop shop, which requires a premium I suppose. Beyond that, the assumption used in our plans he used $35/soft tile for the bathroom. I took a quick look at Home Depot and desire the less than fabulous cachet, they had some nice looking tile in the $9-12 range, which reduces the cost of the project be about 6-6.5k.
If the apt is more that 1100 sq ft def 2 bath despite the entry from the living room.
Would the entrances be next to each other?
No, they are separated by a kitchen. Door to door if say it's about 14ft
ok.
curious what the layout looks like
how many ppl live in the place?
ok.
curious what the layout looks like
how many ppl live in the place?
2 people at the moment, but at some point a baby as well
how big is the first bathroom?
Are you open to getting a few other estimates? I have a good contact for you. Please shoot me a note at JoseMiranda0112@gmail.com
uhm $50k for a bathroom....people in NYC have too much money.
deanc, are you from C0lumbia C0unty?