Difference in Price Between 3 and 4 Bedroom House

[The Donners]

All things being equal, is there a rule of thumb as to the price difference betwen a 3 bedroom and a 4 bedroom house? i.e. 10%, 20% etc.

Responses will be greatly appreciated.

 

[skater]

All things being equal, is there a rule of thumb as to the price difference betwen a 3 bedroom and a 4 bedroom house? i.e. 10%, 20% etc.

Responses will be greatly appreciated.

I think you will find it will differ depending on area and demand.

 

[INVSTOR]

I bought a 3 bed house recently in a predominately family area for $435,000 in a culdesac. At the same time 4 bed houses, approx same size house and smaller yard, not cul-de-sac were selling for closer to $485,000.

 

[Propertunity]

...is there a rule of thumb as to the price difference betwen a 3 bedroom and a 4 bedroom house? i.e. 10%, 20% etc.

No, there is no 'rule-of-thumb'. As skater alluded to - it will be calculated off comparable sales in the applicable area.

 

[The Donners]

Thanks people.