How Much Does An Extra Bedroom Increase Value?

[Joseph Cameron]

Attempting to analyze a potential SFR, 3, 2 fix and flip and the margins are thin. Does adding an extra bedroom allow me to compare it to 4,2's and do I want to? Do I just walk away or is there a potential upside allowing for some strategic thinking?

[Will Barnard]

There is no one size fits all answer to this question as it is heavily Property and area dependent. What comps do you have for values on 4+2’s vs. 3+2’s? The only way to get any accurate assessment of value for the additional bedroom and additional square footage is a sold comps comparison. I suggest working with your realtor to get those numbers, then make your decision based on that sound due diligence.