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Updated almost 2 years ago on . Most recent reply
Converting 4 bedrooms to 3 bedrooms [Listing]
I have a client that wants to break a wall between 2 bedrooms to have 1 larger bedroom.
There are total 4 bedrooms and client wants 3 bedrooms total on listing.
If there was no permit obtained for the project should the listing say 3 bedrooms or 4 bedrooms?
Most Popular Reply
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I would discourage your client from converting a 4 Bedroom home to a 3 Bedroom. Especially without a permit.
If he were to go ahead with his idea, he would need to disclose it to the Buyer and it would be a good probability that your client would need to restore the wall returning the home back to a 4 Bedroom.
Next, I believe that most appraisers would give a higher value to a 4 Bedroom home in the same neighborhood compared to a similar sized 3 Bedroom.
Last, Investors are more attracted to 4 Bedroom home vs a 3 Bedroom as Bedrooms equal cash flow.