Tamara H asks:
We have just bought a small (480 sq ft) small house with no basement to renovate and resell. It has one bedroom, small living room and very small kitchen and even smaller bathroom. The lot is big so we have already dug a hole, poured foundation and are planning on moving the house on top of the new foundation. So, the basement will have 2 bedrooms, full bathroom, laundry room and the mainfloor bedroom will be opened up to make a bigger living room. Ok…here comes the question…would you take the bathroom out on the mainfloor and open the kitchen or would you take the tub out (it’s only a 4 ft long old tub) and keep a bathroom upstairs and keep the small kitchen? I think bigger kitchen no bathroom and my husband thinks the opposite. Please let me know your opinion.
Answer by nellbelle7
When it comes to real estate, you need to compete with homes in the area.
What is the floorplan and size of the floors in the area? Have you checked? You should. You also don’t want to end up pricing this house out of the market when it comes time to put it on the market.
The housing market is saturated right now (as you know). Budget safely.