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Updated over 2 years ago on . Most recent reply

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Brett Kerry
  • New to Real Estate
4
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9
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Does only 1 bathroom really matter that much

Brett Kerry
  • New to Real Estate
Posted

Hello All, 

I am curious as to how important having more than one bath is when buying a home. I am currently debating on buying a house and I can't decide what is more beneficial. On one hand the houses that are only one bath are averaging almost 70,000 lower than those with 2 baths and obviously I want a cheaper house to not sink a ton of money into but I don't know when it comes to down the road with appreciation and whenever it comes time to sell or keep as a rental. I also play baseball in the Angels organization so I will be gone from March-September so I would guess I'd be able to rent it out while I am gone so I just wanted to add that just incase it provided any other useful information. I'd appreciate any feedback on buying, renting it, and even what to possibly look for! Thank you

Most Popular Reply

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Joe Hammel
  • Real Estate Agent
  • Metro Detroit, MI
638
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574
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Joe Hammel
  • Real Estate Agent
  • Metro Detroit, MI
Replied

@Brett Kerry

You’re going to buy, rent, and sell for slightly less with 1 bathroom. But since you’re buying cheaper, it doesn’t matter. My entire rental portfolio only has 1 bathroom. Not a single 2 bathroom house.

I’ve actually notice the roi tends to be higher on 2 bedrooms with 1 bathroom and even 3 bedrooms with 1 bathroom bc you buy cheaper but they still demand good rent.

Vs

A 3 bedroom with 2 baths you pay a premium for it on the front end because that’s what everyone (including the largest group of buyers = primary home buyer) wants, so it drives the price up on these.

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