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Mentor
If the cabinets are serviceable now, the bathroom is much more likely to add more to the value.
How bedrooms does it have? If you have at least 3 bedrooms then the second bathroom would be a huge sell for a family wanting to rent your property and the route I would take. Kitchen upgrades are more of a luxury while additional bathrooms add true quality of life improvements.
Fair, fair. But does one perhaps have an "Ew gross" effect, or kill the walk-in appeal?