Best 3 Bedroom Vs 4 Bedroom Resale
3 bedroom vs 4 bedroom resale. Therefore the closest i could do is 3 bedroom homes vs. According to a study by the national association of realtors three bedrooms and two bathrooms is the. If they have 2 kids with family out of town they would consider a 4 bedroom over a 3 bedroom to have the guest room. In my area western pa a three bedroom is standard and therefore the value of adding an additional bedroom isn t the same.
If a family has 4 kids they would consider a 4 bedroom over a 3 bedroom. However if the house is larger than that then you can imagine bigger bedrooms and the possibility of putting two children in one bedroom. The collective lending group explains why a two bedroom house could be better than a three bedroom house and vice versa. 11 15 2009 05 47 pm.
Resale value 3 vs 4 bedroom. So is that true that only having 3 bedrooms is a negative. Affordability it s common sense to think that the more bedrooms a house has the more expensive it is. If we sacrifice the smallest bedroom we can expand the master bath and add a walk in closet.
The original floorplan is 5 bedrooms 4 upstairs 1 basement but we are interested in knocking it down to 4 bedrooms 3 upstairs 1 basement. The current master bath is 6x7 very small and there s no walk in closet. Empty nesters whose children have left home are especially attracted to this idea. The smallest bedroom is 10x11.
If it was 2 bedrooms to 3 bedrooms the third bedroom is more valuable than a 3 bedroom to 4 bedroom. In creating the following charts i did not have the option to compare 3 bedroom homes with 4 bedroom homes. That s not to say there isn t value. We have a traditional 4 bedroom 2 story home.
Realtors advise against this change unless a homeowner plans on reverting back to two bedrooms before selling the house. Our neighborhood is a mixture of 3 and 4 bedroom homes. Value and price are different but i doubt the bank would consider the other house since it hasn t sold. It is the law of diminishing returns example.
Kevin jimeno july 26 2019. The difference between the 2 bedroom vs 3 bedroom resale value can be significant enough to make it worthwhile to add the wall back. A buyer may not be thrilled with a 4th bedroom turned custom closet if adequate closet space is already available. How will that impact resale value.
The average area for a 3 bedroom home is 1 500 sqft while the usual bedroom would be 144 sqft. It seems like most people search for a 3 bed 2 bath homes. I would go for the 4 bedroom that way if whoever buys it doesnt need the 4 beroom they would have an extra room for computer playroom sewing room personally i would love to have the extra room most ppl would go for the 4 bedroom if nothing else fix one room with built in shelves and stuff that way down the line they get a home office or playroom or hobby room. Investing in 2 bedroom vs 3 bedroom homes pros of each.
We are building in a neighborhood prized for its school district so a 1st floor bedroom is nice but not essential for resale.