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Updated almost 5 years ago,
A bedroom’s contribution to overall value
Bought a 3 bedroom, 3 bath 2100 sqft house for 146k. Turned a big basement room into two 130sq ft bedrooms. Approximately $2500 in total expenses (drywall, egress, paint, etc). How much does adding one bedroom, in this case 2, increase the homes value in a city where the average rent per room is around 375 a month?