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Remodel & Renovate in Murrieta : Real Estate Advice

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  • Home Buying135
  • Home Selling9
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Activity 2
Wed Mar 6, 2013
Jory Blake answered:
Hi Larry, I'm with you!

In a market sense, you would deduct around 10K for the loss of a bedroom.
However, it is important that your home be as functional as possible while you are there (Especially if you are 5 years + away from needing to sell).

If you do a nice job with the conversion, I would almost expect a wash in terms of value. Also , when your home is being compared to other homes in the neighborhood, yours will stand out as being more functional and updated.

All the best with your project,

Jory Blake
951.742.3751
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Thu Jan 21, 2010
Dave Westall answered:
Typically it's a bad idea to convert a 4 bedroom house to a 3 bedroom house but there are instances where it might make sense to make the conversion. You might want to consider converting 2 bedrooms into one if the bedrooms are very small and you are creating a larger more functional bedroom, possibly with an en-suite bathroom. Often times buyers will see a 4th bedroom that is small and say "this would make a great office" showing you that your 4th bedroom does not actually make sense as a bedroom and should be converted. If your house is located in a neighborhood that is predominately 4 bedroom homes it may drastically hurt the marketability/value of your home if you remove one of the bedrooms so make sure to carefully consider your options.

I would be glad to discuss this matter further so feel free to contact me. It's a bit difficult to make a decision about your property without knowing the layout of the house, total room count, and what similar sized homes in your neighborhood have for a bedroom count.

Best regards, Dave

David Westall
DRE Lic. # 01796995
Tahoe Riverfront Realty, Inc.
530-583-3483 ext 7
david@westallrealestate.com
www.westallrealestate.com
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