What would this home be worth if it had two bedrooms?

Asked by rhudson21, Louisville, KY Thu Mar 28, 2013

home turned into two bedrooms

This question was asked from this property: http://www.trulia.com/homes/Kentucky/Louisville/sold/191022-…

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, ,
Fri May 17, 2013
I would contact a HUD approved appraiser and go from there. There is a link below for you. Good Luck

Joel Lobb (NMLS#57916)
Senior Loan Officer
502-905-3708 cell
502-813-2795 fax

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*
0 votes
Neil Blumberg, Agent, Louisville, KY
Thu Mar 28, 2013
Interesting question. A home is said to functionally obsolescent when it has a design feature that reduces its usefulness or desirability. The design feature is often one that makes the house outdated, and often is one that cannot be easily changed. This is exactly a case in point. I would need to see the home to give an accurate answer as to price.
Web Reference:  http://metro1realty.com
0 votes
David Pauley, , Louisville, KY
Thu Mar 28, 2013
Chances are the majority of homes in the surrounding area are two (and three) bedroom homes. An FHA 203-k mortgage can help purchase a home needing a room addition and also include the money for the new room.
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