How would adding second bathroom make an impact on my home and my neighborhood?

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A unique feature of NeighborWorks® Rochester’s Healthy Blocks Initiative is its approach to neighborhood stabilization by the use of data to develop new projects. This data-driven trajectory resulted in the Triangle Half-Bath Program, a pilot project funded by the Community Design Center of Rochester’s Development and Design Fund Grant and NeighborWorks® America’s Pride in Place Grant. The Half-Bath Program provided ten Triangle neighborhood homeowners with free architectural renderings (provided by the local firm Architectura, PC) and cost estimates to plan a half-bath addition to their one-bathroom home.

The Half-Bath Program was driven by results from a comprehensive market study conducted in the Triangle in 2015. The study revealed that 74% of the Triangle’s single-family housing stock was built before 1940. Because of this, the majority of these homes are three bedroom, one-bathroom houses with the bath located on the second floor. The study also documented that over a ten-year period, 64% of the single-family homes that sold for less than $65,000 were purchased by investors. At the same time, properties with one and a half bathrooms sold for, on average, $10,000 more than homes with only one bathroom, making them less attractive to investorsThe addition of a half-bath to a one-bathroom property has the potential for several positive outcomes. First, a second bathroom on the first floor can make the home more practical and comfortable for growing families, guests, and/or elderly residents or relatives who have more trouble climbing stairs—all of which can lead to a family remaining longer in the home. Second, the value added by the second bath raises the purchase price of the home above investor interest, so that if the family does decide to move, their home is more likely to be purchased by an owner-occupant. Both of these factors contribute to the neighborhood’s long-term stability.

With the total cost of the project often falling below the $10,000 mark, adding a half-bath (or in some cases, another full bath) is a good investment for many homeowners. However, there are barriers to beginning the project, such as finding an architect, paying for initial estimates, and a general lack of knowledge and experience about the project’s costs and process. The Half-Bath Program removed those barriers for its ten pilot participants, some of whom are already planning to have the project completed with the help of resources from NeighborWorks® Rochester and from our partner, Canandaigua National Bank, both of whom are offering special funding exclusively for the Triangle in support of the project. NeighborWorks Rochester is excited about the possibility that this pilot can be replicated in other neighborhoods, making homes more suitable and desirable for families and providing stability in city neighborhoods.

 

Canandaigua National Bank honored at 2017 Annual Meeting

NeighborWorks® Rochester presented its Partner of the Year Award at its 2017 Annual Meeting, held March 29th at the agency. The event was a celebration of a year of services provided to new and current homeowners i

Executive Vice President, Brian Pasley, accepts the award on behalf of Canandaigua National Bank from NeighborWorks Rochester Executive Director Joanne Panarisi-Bottone and Board President, Matthew McDermott
Executive Vice President, Brian Pasley, accepts the award on behalf of Canandaigua National Bank from NeighborWorks Rochester Executive Director Joanne Panarisi-Bottone and Board President, Matthew McDermott

n the Rochester area, as well as an opportunity to recognize individuals and organizations that were significant supporters.

 

Executive Vice President Brian Pasley accepted the Partner of The Year Award on behalf of Canandaigua Bank. “As an approved Federal Home Loan Bank of NY (FHLBNY) Community Lender, Canandaigua National Bank has continued to take an active role in showing support through contributions and volunteering, and is in complete alignment with NeighborWorks® Rochester’s mission to provide housing solutions as a foundation for individuals, families and neighborhoods to build vibrant communities,” stated Joanne Panarisi-Bottone, NeighborWorks Rochester Executive Director. “We’re excited to continue to grow in our partnership,” she added.

The Volunteer of the Year Award recognized long-time volunteer Ellie MacLeod, of Penfield.  Ms. Panarisi-Bottone said of her, “Pla

Volunteer of the Year, Ellie MacLeod
Volunteer of the Year, Ellie MacLeod

nning, organizing, hustling sponsors, setting up, delivering… she’s done it all…Through her dedicated volunteer efforts, Ellie has made our world a better place.”

 

Guests at the event heard about the impact of the previous year, including that close to 500 families and individuals were impacted by NeighborWorks® Rochester’s services in 2016.  At least 109 individuals were able to realize their dream of homeownership because of the organization’s Home Buyer education services and 97 homeowners received home energy audits and access to financing programs for energy and money savings. In addition, close to $821,000 was invested in the community in the form of down payment assistance, home improvements and home energy improvements.