# So you think you know real estate...

**URL:** https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256
**Category:** In My Humble Opinion
**Created:** [March 6, 2006, 3:52pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256 "2006-03-06T15:52:56Z")
**Posts on this page:** 10
**Page:** 1

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### Author: ![rabbit](https://avatars.discourse-cdn.com/v4/letter/r/919ad9/32.png) [@rabbit](https://boards.straightdope.com/u/rabbit)
#### Post date: [March 6, 2006, 3:52pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/1 "2006-03-06T15:52:56Z")

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Question for those who think they know the real estate market: What would maximize profit on a house flip? A second bathroom or a bigger kitchen?

The details:

A small side-split ranch house in a desirable central location (burlington downtown for those who know the area).  
The area is very mature so the houses tend to be old and small, with small rooms.  
Has 3 beds but only 1.5 baths (common layout for this particular area, but most houses have added a second bath)…  
Standard sized lot for the area , house is in good condition, no major repairs necessary.

The girlfriend says updating the kitchen would bring a greater return, I say adding a second bathroom would.  
The kitchen would require knocking out a single wall and rebuilding some counters/cabinets, while the bathroom may require that one of the bedrooms be made a little smaller to fit (also require a wall to be moved).  
In terms of construction the cost of a second bath would be greater than a kitchen reno, but I think that it would allow a much greater increase in asking price than a nicer kitchen and would increase the potential client base (most family buyers want at least 2 baths).

Again, the flip would require that we do one or the other (otherwise we loose any potential profit).

Opinions?

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### Author: ![ouryL](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ouryl/32/6067_2.png) [@ouryL](https://boards.straightdope.com/u/ouryL)
#### Post date: [March 6, 2006, 4:38pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/2 "2006-03-06T16:38:03Z")

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How’s the wiring? Such a remodelling here would require upgrading of the electrical to mordern standards…

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### Author: ![Sal\_Ammoniac](https://avatars.discourse-cdn.com/v4/letter/s/8dc957/32.png) [@Sal\_Ammoniac](https://boards.straightdope.com/u/Sal_Ammoniac)
#### Post date: [March 6, 2006, 4:40pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/3 "2006-03-06T16:40:59Z")

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So when you say add a second bathroom, would that be in addition to the existing half bath, or a replacement of it?

To me the question hinges on the current state of the kitchen. If it’s an absolute hole, then yeah, I think you’d get more mileage out of redoing it. But why do you have to knock down a wall? Is it that small?

Also, which Burlington are you talking – Vermont?

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### Author: ![NurseCarmen](https://avatars.discourse-cdn.com/v4/letter/n/5daacb/32.png) [@NurseCarmen](https://boards.straightdope.com/u/NurseCarmen)
#### Post date: [March 6, 2006, 4:53pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/4 "2006-03-06T16:53:07Z")

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I’d say a kitchen adds more appeal than a bethroom would.

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### Author: ![Mama\_Zappa](https://avatars.discourse-cdn.com/v4/letter/m/71e660/32.png) [@Mama\_Zappa](https://boards.straightdope.com/u/Mama_Zappa)
#### Post date: [March 6, 2006, 5:55pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/5 "2006-03-06T17:55:36Z")

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I’d strongly suggest asking some local real estate people.

My own purely anecdotal evidence: 5 years ago, we remodelled the kitchen in our nothing-special townhouse - hardwood floors, better applicances, nearly doubled storage space. A year later we sold it for the second-highest price ever commanded on our block, while another house on the block languished on the market for several weeks (back then, 2 weeks _was_ “languishing”).

The new owner sold a few months ago. Other townhouses on the block were on the market for months. “Our” house sold within a couple of weeks for the highest price ever paid on that street. The kitchen was really the main distinguishing factor.

That said - I could personally live with a so-so kitchen for a while if we had adequate bathroom-age. This is where local experts would be helpful - they could tell you if your so-so kitchen outweighs poor bathroom space.

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### Author: ![rabbit](https://avatars.discourse-cdn.com/v4/letter/r/919ad9/32.png) [@rabbit](https://boards.straightdope.com/u/rabbit)
#### Post date: [March 6, 2006, 7:17pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/6 "2006-03-06T19:17:30Z")

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Oh we are def. asking the real estate people. Have a meeting with them tomorrow as a matter of fact. I just wondered if anyone would venture an opinion.

As far as the property goes it is in Burlington Ontario Canada.

Ideally I would say a whole new bath as an ensuite off the Master Bedroom. But if not possible, then just adding a shower in the half bath.  
The existing kitchen is pretty small and dated. I don’t have the figures at work but I’d guess at about 9x10 for the cooking area plus a similar eating area.

The question is what would allow for a greater comparable return. A fancier/bigger kitchen or a second full bath.  
Given a smaller older property and that existing appliances are all new.

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### Author: ![corkboard](https://avatars.discourse-cdn.com/v4/letter/c/e9bcb4/32.png) [@corkboard](https://boards.straightdope.com/u/corkboard)
#### Post date: [March 6, 2006, 7:49pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/7 "2006-03-06T19:49:51Z")

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I’d go with the kitchen. A nice updated kitchen tends to impress people before they explore other areas of the house, and I think it gives you more bang for your buck. I know plenty of families that raised multiple kids in houses with one bathroom so I think most families are more willing to forego an additional bathroom. For entertaining, the kitchen tends to be a pretty central location so an updated kitchen will appeal to more buyers.

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### Author: ![Sal\_Ammoniac](https://avatars.discourse-cdn.com/v4/letter/s/8dc957/32.png) [@Sal\_Ammoniac](https://boards.straightdope.com/u/Sal_Ammoniac)
#### Post date: [March 6, 2006, 8:32pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/8 "2006-03-06T20:32:50Z")

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All right, I’ll just say kitchen. But your real-estate people should have a better handle on it, particularly if we allow for the vast differences in mentality between Canadian and American homebuyers. An American homebuyer, for example, would consider a hockey rink in the basement to be a definite liability.

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### Author: ![garygnu](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/garygnu/32/2924_2.png) [@garygnu](https://boards.straightdope.com/u/garygnu)
#### Post date: [March 6, 2006, 9:51pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/9 "2006-03-06T21:51:49Z")

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A nice new kitchen is great if people come and see it, but a second bathroom lets you put “3 bed / 2 bath” in listings. I’d say that’ll get more hits on searches, etc.

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### Author: ![bytheway](https://avatars.discourse-cdn.com/v4/letter/b/df705f/32.png) [@bytheway](https://boards.straightdope.com/u/bytheway)
#### Post date: [March 6, 2006, 11:36pm UTC](https://boards.straightdope.com/t/so-you-think-you-know-real-estate/347256/10 "2006-03-06T23:36:11Z")

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[This site](http://www.realtormag.com/rmomag.nsf/pages/2000CostVSLucArchive2000Nov?OpenDocument) provides some useful cost return data for various remodeilling jobs in different regions in the US, but it only has a category for “minor kitchen remodel” within the existing space.

IMHO, if I were looking for a new house, I’d rather see the additional bathroom.
