Given the same sq. footage Which appraises higher, 4 small bedrooms and 1 3/4 baths, or 3 large bedrooms and 2 full baths. Similar quality fixtures

Smallest berm. Is 9x10, useless. Want to expand size of M. Bdrm. and Bath from 1 3/4 to full. This will increase storage and closets as well. Given same square footage and similar quality of materials will the loss of 4th berm. impact appraisal negatively? We will continue to occupy house for at least 5 to 7 more years.
(0) | asked by: Stephanie Quarton | share | 7 months ago | Report
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answer by Patricia Van Houten    |   Visit My Website   |   Contact Me
Hi Stephanie, The bathroom count going from 1 3/4 to full will increase the value of the property. Appraiser do make adjustment to bath.
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3 months ago  |   Report   |   share
answer by Amy Hilburn    |   Contact Me
For the most part, I don't think the expansion of the master to encompass the 4th bedroom would affect the value of the home much. However, you do have to consider your area. If you live in an area that is highly populated with young and growing families, that extra bedroom may be more appealing than a larger master suite. On the other hand, if your area is more likely to attract the empty nesters, they will typically appreciate the larger master. In the end, if you're staying for at least 5-7 more years do what makes you happy!
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5 months ago  |   Report   |   share
answer by Michael R Diaz Sr.    |   Visit My Website   |   Contact Me
I am from the mortgage side, the answers below are great. if you ever have properties you want to evaluate against each other let me know. I have access to some tools that is similar to what appraisers use and could help out with that.
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5 months ago  |   Report   |   share
answer by Joseph Moschetti    |   Contact Me
Small bedrooms are a turn off to most prospects. However, there is very little difference between 1 3/4 baths and a full bath. Most younger buyers prefer a shower anyway. The current family make-up in smaller so a 3 bedroom is more likely to get more interest anyway. It really comes down to the kind of prospect you are trying to show a home at that time. If your base clientele is larger families with small children they will not care about a smaller bedroom. The price range of the home is the determinate factor in advising your client and will dictate the advice you give which could be either!
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6 months ago  |   Report   |   share
answer by Karen Peyton    |   Contact Me
Don't worry about 5 to 7 years in the future. You can always replace the wall to make 4 bedrooms when the time comes. It's difficult to answer your question outright not knowing overall square footage. A 9X10 is a small bedroom, but would be a terrific office space if your floor-plan does not accommodate one elsewhere.
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7 months ago  |   Report   |   share
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