Is it worth it to convert my carport to a master bedroom/bath?

[Jeremiah Russell]

I just closed on my first house, and it’s going to be my primary residence for now. It’s a 3/2 with one of the bedrooms is really an office with a closet. I have a covered carport that is part of the house. My wife and I are thinking of converting the carport to a master bedroom with a master bath and walk-in closet. We have done alittle research that says it’s probably not worth it, but I like the idea. Thanks for any input. I would like to hear opinions from investors and appraisers.