Author Topic: noob Q re: bathroom reno values  (Read 997 times)

Offline badperson

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noob Q re: bathroom reno values
« on: November 03, 2014, 09:17:59 AM »
Hi,
if your apt is worth 100k, and you do a 10k reno, and in typical real estate terms you get 100% of that back, does that mean your apt is now worth 110k (break even) or 120k (add 10k value)?

Also, for a bathroom in a JH studio, is 8 or 9k realistic?
bp

Offline lalochezia

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Re: noob Q re: bathroom reno values
« Reply #1 on: November 03, 2014, 12:30:57 PM »
Define "renovation". Board required replacement Plumbing  costs in older prewar coop building alone can cost 6-7k before you pay a contractor or buy materials.
Budget 20-30k for a complete bathroom reno if down to the studs.

Offline badperson

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Re: noob Q re: bathroom reno values
« Reply #2 on: November 15, 2014, 08:38:44 PM »
new tub, new tiles/floor, fixtures and paint. Not moving plumbing around or anything particularly severe.

Jackson Heights Life

Re: noob Q re: bathroom reno values
« Reply #2 on: November 15, 2014, 08:38:44 PM »