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Home Remodel Opinions

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Le Chuck:
I'd definetly raise the ceiling in that closet, put in a window or skylight and install a 1/2 bath in there.  I think that would help out a lot... Or extend the wall and break through both the closet and the unused bedroom to make a signicantly larger master with walkins and it's own bath.  That would be expensive but would balance out the loss of the that third bedroom.   

Rando:
Agreed to much of the above.  If you're there for short term then don't knock out a bedroom as that will reduce your market/price.  If you can convert that closet by building out the roof a bit through a dormer, that would help out a lot and be a nice long term option that would retain value as well.

The cost impact will be dependent on where your water is though.  If they're under the closet then you're good, if they're on the other side of the house that will cost some $$$.

Ridgefire:
The spare bedroom is pretty much above the downstairs bath, so water and sewer would be a straight shot up. If I wanted to violate code the downstairs vent is in the wall. I could tap the new bath into the vent...but again that violates code. And no I wouldn't do that. most I would do is use that vent to vent the new fixtures

Dawgz Rule:
If you plan on staying, I would make it a large master suite with a walk-in closet and bath.  Pretty easy to do with that layout and the location of the first floor bath.

fallacy:
You bought a house with a crappy floor plan like that?

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