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Cape 2nd Floor

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HelenTestin

Sophomore Member
Joined
May 10, 2003
Here is an interesting one.

I have a Cape with 2 Bedrooms downstairs and a finished upstairs with no closets. In fact, when you go to the top of the stairs and open the door, their is no doors to separate the 2 sides. You can walk freely between the sides that are divided by the stairs. The whole upstairs is nicely carpeted, has heat, and the walls and ceilings are finished and in nice condition. Of course, one side is used as a "Bedroom" by the owner. The owner, since it is a refi, does not want to add closets upstairs.


Question: Their are a couple Capes that have 2 Bedrooms which can be used as comps, not a problem. How would you describe this room (s) on the sketch and report. Would it be one room, since their is no door dividing them, 2 rooms? And, what label would be appropriate.

Thanks once again oh Master Jedi's!!!!


Helen
 

Walter Kirk

Senior Member
Joined
Jun 24, 2003
Professional Status
Licensed Appraiser
State
New Jersey
Does the second floor have a Bathroom? It sounds like Functional Obsolescense to me. Calculate a cost to to cure for the addition of doors, dividing walls, closets and possible bathroom
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
I'd lable it as a 2BR house, and call the upstairs a bonus room, den, play room, computer room, recreation room, or any combination of the above. We have lots of homes with those "alternative use" rooms. Some may use it as a bunk bedroom, but most use them as a place to send the kids to leave Mom and Dad alone. :)
 
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