It may come as no surprise to most, but a second bathroom addition to an inner-city unit can significantly increase the value of the property. After location and size, kitchens and bathrooms have the biggest impact on home values — far exceeding the impact of swimming pool additions, air conditioning or landscaped gardens. Buyers want low maintenance and functional spaces and don’t have as much time to maintain gardens. Also, the rise of multi-generational households, thanks to rising property values, has created the need for an extra bathroom.
While an extra bathroom is already a property-value bonus, the quality and size of the said bathroom is also a consideration. There are many attributes that drive property performance and as a Property Advisor it is my job to seek out these attributes which help my clients make better decisions and though my experience limit the downside risk whenever they are buying or selling property. To learn more about these attributes and why an extra bathroom adds value to units, head to Realestate.com.au.