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Updated over 4 years ago on . Most recent reply

User Stats

12
Posts
5
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Steve Wang
  • Rental Property Investor
  • Orange County, CA
5
Votes |
12
Posts

Convert formal dinning room to bedroom

Steve Wang
  • Rental Property Investor
  • Orange County, CA
Posted

I just purchased a 3/2 ranch in Round Rock, 1375 sq ft. It's a fixer upper and i plan to keep it as a rental.  

The formal dinning room could easily be converted into a 4th bedroom.  There is still another decent sized eating area on the other side of the kitchen, connected to the family room, so functionally not much is lost. 

Do you think this would boost the rent and ARV somewhat? If so, by how much? Current ARV is 245k. Projected rent is about $1600?

On a side note, does any know a contractor named John Sapp? Im getting an estimate from him today. 

thank you!!

Most Popular Reply

User Stats

834
Posts
449
Votes
Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
449
Votes |
834
Posts
Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
Replied

You will not see much of a boost in rents or value doing this. Rather you may see it get leased quicker. I would set it up to be used as an office or bedroom. (small closet)

  • Danny Webber

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