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Updated over 2 years ago on . Most recent reply

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14
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1
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Allen M Miller
1
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14
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Bedroom add-on adds how much value?

Allen M Miller
Posted

Juat curious how much value I would add by going from 2 bed/3bath to 3/3 House is over 3k sq ft in a great neighborhood.

Most Popular Reply

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69
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59
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Justin Winn
  • Investor
  • El Paso, TX
59
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69
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Justin Winn
  • Investor
  • El Paso, TX
Replied
Quote from @Eliott Elias:

Really depends market to market. Some like garages and some people like the extra bathroom or bedroom. Can get a grasp of that by calling a high producing realtor in that area. The appraiser will give you a better value if you add more square footage 

This is my second quote from @Eliott Elias tonight, I agree. It depends on the area and how you’re going about acquiring this third room. Often times a converted garage adds Sq Ft to a house, but at a lower price/sqft than the rest of the house. I would definitely encourage you to speak to a good real estate agent or a local appraiser.

  • Justin Winn
  • Loading replies...