How does an appraiser value a property with four bedrooms when comparing it to a three-bedroom property?

In the context of appraising properties, when evaluating a four-bedroom property in comparison to a three-bedroom property, the appraiser typically makes adjustments based on the characteristics of each property. Since the four-bedroom property offers one additional bedroom, it is generally recognized that this feature adds value.

To determine the appropriate value of the four-bedroom house relative to the three-bedroom house, the appraiser would add the estimated value of one bedroom to account for the additional space and functionality that comes with that extra room. This adjustment reflects the market's perception of the value increase contributed by an additional bedroom, which often appeals to families or buyers seeking more living space.

While the appraiser considers various factors in their overall evaluation, when specifically comparing these two properties, the addition of the bedroom value accurately represents the enhanced desirability and worth of the four-bedroom property in that market context. This practice helps to ensure that the appraised value is as accurate and reflective of the true market value as possible.