Add a bedroom to increase value?

[Traver Freeman]

Hello,

I'm not really sure if this is an appropriate place to post. About 6 months ago I bought a 2 bedroom, 1 1/2 bath, two-story home with 1100 sqft.

Both of the bedrooms are fairly large and the "master" has two large closets. This is my home, not an investment property or anything, but I'm still thinking about resale value down the line. Personally, we don't even use one of the closets and both rooms are almost too large as we have a lot of empty open space that feels somewhat awkward, though it is nice not to feel cramped, don't get me wrong.

I've thought about taking out one of the closest and eating into the space of both bedrooms to add a third bedroom. Thoughts?

To give you some more info, we live down a dead-end alley of sorts that has 6 homes on it, all the same style and layout. Our home is the nicest and most expensive home on the strip already (bought it for $400,000, the home next to ours sold for $385,000 three months later). The higher value is mainly due to the fact that we're the only home with a fenced in yard and we have a significantly larger patio area than the others.

The point is, all of the other 5 homes are 2 bedroom, 1 1/2 bath. Is it a bad idea to even think about adding a 3rd bedroom because it will make the home that much more different than its comps and considering we're already the highest value?

Or would adding a third bedroom still be a good move considering three bedroom houses sell better?