Converted Garage into Master Bedroom

[Sergey Perevalov]

Hi All,

I am considering a SFR with garage converted into master bedroom. It looks like it was nicely done but without permits as county records show as 2-1 and seller claims it to be 3-2. Does anyone know how complicated is it to convert that unpermitted work and garage into living space?

If appraisal done - will they take into account additional bedroom or they will discount value based on unpermitted room?

If it's 3-2 and can be easily converted into living space then it's a good deal but if it's a hassle, pricey and won't change value then it'a bad deal. (consideration is being done based on buy-hold-rent-refi)

Any advice would be appreciated.
Thanks.