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Updated about 5 years ago on . Most recent reply

Jonathan Fraundor's profile image
Jonathan Fraundor's profile image
Jonathan Fraundor
  • from Bemidji, MN
  • Member since Oct 19, 2019
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Jonathan Fraundor's profile image
Jonathan Fraundor's profile image
Jonathan Fraundor
  • from Bemidji, MN
  • Member since Oct 19, 2019
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Jonathan Fraundor
  • Bemidji, MN
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Land & New Construction

A bedroom’s contribution to overall value

Jonathan Fraundor
  • Bemidji, MN
Posted

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?

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