Houses and Hotels in Monopoly

Houses and Hotels in Monopoly: the rules

Houses and hotels in the Monopoly game are very important elements to be able to win.

Houses

Monopoly’s house

As soon as you have all the properties of a color group, you can start buying houses. You can construct houses even when it’s not your turn.
However, you cannot build a second house on a property until you have built one on each property in the color group.
The maximum number of houses on a property is 4.

Hotels

Once you have 4 houses on every property in a color group, you have the ability to buy hotels. You can only have one hotel on a property.
When you build a hotel, all of the houses that were on the property go back to the bank.

House Prices

Price of a house50$100$150$200$
Color of the propertyBrown and Light BluePink and OrangeRed and YellowGreen and Dark Blue

Tips

Monopoly Board

  • It is often a good idea to own both expensive and cheaper properties. 
    • They will be easier to upgrade but will have lower earning potential.
  • Sometimes building an additional house can cause the rent to increase enormously. Therefore, buying as many houses as you can is sometimes a great idea.
  • It is sometimes smart to mortgage a property to be able to afford to construct houses or hotels on properties of a different color group.
  • Avoid owning too many properties because that could mean you won’t have the budget to upgrade them.
  • Avoid returning houses to the bank to turn them into hotels when the game is still far from over.
    • Owning a lot of houses will prevent players from upgrading their properties and thus possibly saving you a lot of money.
  • There are 32 houses and 12 hotels in Monopoly. Once they are all purchased, it is impossible to build new houses until another player frees one.
  • If you have to sell a house for lack of money, the bank buys it at half price.
  • You cannot sell houses or hotels to another player. You can only sell them to the bank.