Updated almost 11 years ago on . Most recent reply
Small 3br house vs. Large 2br house, which sells better
Ok wholesalers and RE agents. Which sells better for the same Sq. Footage, a house with 3 small bedrooms with small master br. or a house with 2bedrooms with a large master br and walk in closet. I'm a new member and looking at a 1975 house, 1650sf with 3 small bedrooms. Considering opening up the hall and wall between 2 brs to make a much larger master bedroom with walk in closet. Is it worth the cost and work. Entire house needs upgraded carpet, paint and closing in a screened sun room. It didn't sell on Hubzu.com at $30,000 that started out at foreclosure sales at $80,000. Zillow valued it at $110,000 to $120,000 rpv. It has been relisted by Hubzu starting at $28,000. All houses this size on this block are valued about the same.
I figure it would cost me $15,000 to $18,000 to rehab including new vinyl siding, heat/ac, and creating a sun room from the current large covered and screened deck/patio.