Bedrooms bring big gains

by Metropol | September 17, 2025 8:31 am

A new real estate study has revealed that Kiwis are prepared to pay for extra bedrooms.

New data from realestate.co.nz highlights the additional value that extra bedrooms can add to a property’s asking price, showing that the number of bedrooms is one of the clearest indicators of price difference in New Zealand’s property market.

Nationally, the average asking price increased by 32% when going from a one to two-bedroom property, and by 31% between a two and three-bedroom home.

The price difference continued to escalate as the number of bedrooms increased, with a 43% difference between three-bedroom and four-bedroom homes and a 40% difference between four-bedroom properties and those with five or more.

Here in Canterbury, the biggest price increase occurred when upsizing from a three-bedroom home to a four-bedroom home, reinforcing the value of homes with four or more bedrooms in this market.

The difference in average asking price between a three-bedroom and a four-bedroom home in Canterbury was $255,437, or 36%.

Vanessa Williams, spokesperson for realestate.co.nz, says homeowners willing to renovate could be rewarded for their efforts at sale time.

“At a national level, we’re talking about an almost $400,000 jump between a three-bedroom and a four-bedroom home and almost half a million dollars in increased value between a four-bedroom and a five-bedroom home.

“Property owners who are willing to roll up their sleeves and add another bedroom through a smart renovation will likely benefit when selling. Not only can adding an extra bedroom make a property more liveable, but it can also deliver one of the most significant value boosts when it comes time to sell.

“On the flip side, buyers need to be aware of the price differences when upsizing,” Vanessa says.

Source URL: https://metropol.co.nz/bedrooms-bring-big-gains/

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