The typical home purchased over the last year was a single-family home with three bedrooms and two baths, and a total of 1,870 square feet, according to the National Association of Realtors’ annual Profile of Home Buyers and Sellers.
Thinking of getting rid of a bedroom to expand another? Make your choice carefully. Removing a bedroom is one of those home-improvement blunders that can ding a home’s worth, even if it creates a larger bedroom — or other living space — in its place. The reasoning is simple: The more bedrooms a home has, the higher the price it can usually command. Reducing the number of bedrooms also means fewer potential buyers interested in your home.
Other improvements that can have a detrimental effect on a home’s value: Removing closets, Turning the garage into living space, and An overabundance of wallpaper.
[You can read the full article at Market Watch. Click here.]
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