Adding an extra bedroom in a shared house, should I decrease rent

[Ronnie Hutchinson]

I currently have a 3/2 that I rent by the room. They are two main living rooms, I am thinking about taking one of the living rooms and converting it to a bedroom. Of course by a license contractor with the correct permits, etc.

My main qquestion is, since there is going to be an additional tenant should I decrease the rent by 5% for the current tenants? Or should I leave it the same?