Is Installing a Second Bathroom a Good Investment?

• Desirability for future buyer:
  • Homes with more than one bathroom are often more attractive to buyers
  • The majority of buyers love a ‘move in ready’ home and often do not have the knowledge or cash available to do these types of major improvements.
• Increased property value:
  • Adding a second bathroom does increase the value of your property, things to consider are
    • How long are you planning on staying in the home?
    • Do you need the additional bathroom while you are there?
  • Some reports say you can expect to recoup about 50% of the cost of the installation but it is near impossible to measure that in a resale home unless your competitor is the exact same home in the exact same condition, such as with new construction homes.
  • Desirable types of bathrooms such as an ensuite will also add value.