Bathroom Remodeling: Impact on Home Value
LESLIE: Mike in Delaware has a question about the value of his home. How can we help you today?
MIKE: Yes. My wife and I are thinking about renovating bathrooms in the home.
LESLIE: (overlapping voices) OK.
TOM: (overlapping voices) OK.
MIKE: And we have a full bath in the hallway …
MIKE: … and we would like to convert it into just a walk-in shower and not a tub and we were wondering if that would affect, possibly, the value of the home without having that tub in the house.
TOM: Do you have another tub …
LESLIE: Anywhere else?
TOM: … in the bathroom? In the house?
MIKE: Yes, we have – we will have a tub in the master bedroom that will be a whirlpool tub.
TOM: Then I think you’re probably OK. I actually did exactly that in my house. I needed more closet space so we gave up the bathtub, put in a shower stall and picked up some additional closet space in my very old house where, of course, storage is really at a premium. And I wasn’t too concerned about the value because I knew I had another bathroom in the house …
TOM: … that had a tub.
LESLIE: I think if it were the only one and you were getting rid of, then you might encounter a potential buyer who would be turned off by the fact that they would have to do, then, some substantial work to put a tub back in.
LESLIE: But I think since you’ve got another one, it shouldn’t be a problem.
MIKE: OK. Thank you very much.
TOM: You’re welcome. Thanks so much for calling us at 888-MONEY-PIT.