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Updated about 1 year ago on . Most recent reply

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Jesse Edwards
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Considered 1 bedroom?

Jesse Edwards
Posted

I am sure this will ultimately be "ask your local appraiser" but I wanted to get thoughts here if you think this would count as a 1 bedroom. The plan is that the space between the sleeping area and another living area will have a closet with bi-fold doors. I just am trying to decide if I need a door and/or wall between the sleeping quarters and the living area to appraise as one bedroom. Also given this is in a 10-unit building does it matter, as the rent / NOI will be the primary driver for value?

  • Jesse Edwards
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    Replied

    To qualify as a bedroom you'll need a closet, not sure if you have that somewhere. Also I believe you'll need a wall separating the actual bedroom otherwise it is considered a studio. Just my opinion as an architect, not a realtor or appraiser. 

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