Bath or shower? How you bathe can affect your property value

Nothing is sacred anymore

New York Weekend Edition /
Dec.December 30, 2017 11:49 AM

(Credit: Public Domain Pictures, back; Pixabay, front)

Do you soak in the tub or take a standing shower? Designers, architects, brokers and developers are asking because the answer could change the worth of your apartment.

Though the math differs based on who you talk to, one broker from Sotheby’s International Realty told the New York Times replacing a tub with a walk-in shower can add up to 10 percent in value for a studio or one-bedroom apartment.

Customized design for showers as well as the illusion of a more spacious bathroom are all factors that make the stand-up bathing option seem more appealing to many, though there are potential drawbacks to losing the classic bathtub: “For a young family, not having a tub is an issue,” Jonathan J. Miller, president of his own appraisal firm, told the Times.

For West Village General Contracting’s James Mansfield, however, the key is to look at your bathroom as part of your real estate investment: “I’m saying put $70,000 into your bathroom and watch it go up every year. Your house gets more valuable because of the alterations.”

Whether that means springing for a tub or stepping into a man-made rainfall, the jury’s still out on what the best bang for your buck would be, but it is certain that would-be buyers care a lot about their bathrooms.

[NYT] — Erin Hudson


Related Articles

arrow_forward_ios
The Observation Deck at Hudson Yards (Credit: Adam Pogoff)
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
These are the tallest towers underway in NYC
These are the tallest towers underway
in NYC
These are the tallest towers underway
in NYC
A new competition asks what would houses on Mars look like (Credit: Getty Images, Pixabay)
Architecture’s final frontier: Here’s what houses on Mars might look like
Architecture’s final frontier: Here’s what houses on Mars might look like
Crow Holdings, Marcus Partners teaming up for luxury Westchester multifamily
Crow Holdings, Marcus Partners teaming up for luxury Westchester multifamily
Crow Holdings, Marcus Partners teaming up for luxury Westchester multifamily
Madison Realty Capital Co-Founders Josh Zegen and Brian Shatz with a rendering of the River North development (Madison Realty Capital, FXCollaborative)
Madison Realty’s altered plans for SI complex approved
Madison Realty’s altered plans for SI complex approved
Clockwise from left: Vornado's Steven Roth with 61-19 Junction Boulevard, Rego Park, Silverstein Properties' Larry Silverstein with 44-01 Northern Boulevard in Astoria and BEB Capital's Bert Brodsky with 1065 Atlantic Avenue in Bedford–Stuyvesant (Images via Google Maps, Getty Images, BEB Capital)
Vornado, Silverstein propose major mixed-use projects
Vornado, Silverstein propose major mixed-use projects
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
MTA plans mixed-use redevelopment for Greenpoint waterfront
MTA plans mixed-use redevelopment for Greenpoint waterfront
MTA plans mixed-use redevelopment for Greenpoint waterfront
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...