What is the name of your state (only U.S. law)? California
I am currently looking at a house in CA. There is a house on the market listed as a 2 bedroom. I checked out the property and it looks more like a 1 bedroom with a loft. The "loft" has stairs going up to the with no door, does have a window upstairs, is not enclosed as you can see downstairs and does not have a closet. What would you consider this to be?
Another question I have is if this house is actually considered a one bedroom with a loft and not a two bedroom how much does that decrease the value? Rough figure would be helpful.
I would think a one bedroom with a loft and not a two bedroom house would drastically decrease the value of the property.