Just wanted to ask everyones opinion, we have a near new family home (18mths old), it is 3 brm, 2 bath, SLUG, large living area off the kitchen (3.5mx7.5m=26m2), it also has at the opposite end of the house a second living area of 5mx3.5m=18m2.
I am trying to think ahead both in terms of functionality for us and also rent return if we were to move out in a year or so, whether it would be better to keep it as a 3bed,2bath,2living home, or convert that second living area into a bedroom so we have a 4bed,2bath,1living home.
It would cost about $2k to put the wall up and paint/cornice, plus we'd need to put in a built in robe. The flooring could either stay tiled which is what the rest of the house is (except the other 3 bedrooms, which are carpet) - that way if a tenant wanted to use the room as a 2nd lounge room I guess they still could, and I spose most tenants would hopefully not be all too fussy having a tiled bedroom for the 4th bedroom when the other 3 are carpet, this is in SE QLD although it does get a little chilly in winter (near ipswich). Or we could rip the tiles up and put carpet in, seems a waste though that they are practically brand new. It would be a slightly odd shaped bedroom, being ~5mx3.5 when the other smaller bedrooms are 3x3.3m, but maybe that'd be a good thing to have a bigger bedroom as a feature.
So given the floor plan/fact we are limited to a single garage, and distance to bathrooms and stuff, do you think it would be a mistake losing the 2nd living area? Or look like a winner getting this 4th bedroom? I see houses renting for $360-370pw for 3 bedrooms, the 4 bedroom ones mainly go for $400. I'm guessing a 4th bedroom is going to get more people through the door both when renting and eventually when selling too.
I have attached the rough plan.
I am trying to think ahead both in terms of functionality for us and also rent return if we were to move out in a year or so, whether it would be better to keep it as a 3bed,2bath,2living home, or convert that second living area into a bedroom so we have a 4bed,2bath,1living home.
It would cost about $2k to put the wall up and paint/cornice, plus we'd need to put in a built in robe. The flooring could either stay tiled which is what the rest of the house is (except the other 3 bedrooms, which are carpet) - that way if a tenant wanted to use the room as a 2nd lounge room I guess they still could, and I spose most tenants would hopefully not be all too fussy having a tiled bedroom for the 4th bedroom when the other 3 are carpet, this is in SE QLD although it does get a little chilly in winter (near ipswich). Or we could rip the tiles up and put carpet in, seems a waste though that they are practically brand new. It would be a slightly odd shaped bedroom, being ~5mx3.5 when the other smaller bedrooms are 3x3.3m, but maybe that'd be a good thing to have a bigger bedroom as a feature.
So given the floor plan/fact we are limited to a single garage, and distance to bathrooms and stuff, do you think it would be a mistake losing the 2nd living area? Or look like a winner getting this 4th bedroom? I see houses renting for $360-370pw for 3 bedrooms, the 4 bedroom ones mainly go for $400. I'm guessing a 4th bedroom is going to get more people through the door both when renting and eventually when selling too.
I have attached the rough plan.