Can we make this work? Haverford Ave House Revisited....

Ever since we saw this house (#4) I feel more and more like we can overcome the things we didn't like and really make it our home.  My initial concerns were the small master bedroom, tiny master bedroom closets, and needing-an-update master bath.  At first, my solution was to gut the shower and create my own makeshift closet/ironing station in the attic.... nothing too involved or too costly.

After some thought, I have an even better (scary, is the word Adam would use) alternative.  The guest bedroom is 18' x 11' - a good sized room.  It shares a wall with the master bedroom - the man's closet and guest bedroom closet are on this wall.  I was thinking that we take about 2-3 feet from the guest bedroom, since it is so big, and expand that closet to a walk-in.  My woman's-closet shares a wall with the master bathroom.  Why not knock out the closet and expand the bathroom?  Genius, pure genius.....  You can see why this remodel would frighten Adam. In my defense, a larger, redone master bathroom and a walk-in closet would certainly add to the value of the house...... 

Our other concern was that the house is located on a busy-ish street.  However, both the master bedroom and large guest bedroom are out the (quiet) back of the house -- so, less of an issue, maybe.... 

Adam is going to see 3-4 places without me, while I slog through earnings season.  If he doesn't see anything that jumps out at him, we will revist the Haverford Ave house and see if my plan is logical.....