Prospective homebuyers will get more bang for their buck on a two-story home, but one-story houses definitely have their advantages. What works best for your family? Take a look at the pros and cons of each.
Lot size. The footprint of a one-story home is much larger than a two-story, making one-story homes harder to find in new subdivisions, where lots tend to be small. A two-story home, by comparison, uses the space more efficiently, leaving more room for a landscaped yard and generous square-footage in which to live. A larger lot that can accommodate a one-story house will significantly add to the price of the home. Advantage: two-story.
Out versus up. In construction, it is generally more expensive to expand outward rather than upward. This is because the most expensive aspects of a structure, the foundation and the roof, have a smaller footprint if you have two floors versus the same square footage all on one floor. Advantage: two-story.
More open floor plan. Though not a hard and fast rule, one-story homes typically have a more open floor plan. Without the weight of a second floor on load-bearing walls, it’s not necessary to carve up the downstairs, giving a wide, expansive feel. Advantage: one-story.
Vaulted ceilings. Another contributing factor to an open floor plan is high, vaulted ceilings. Each plan has its strengths here. One-story homes can have vaulted ceilings in more places since only attic is above, not upstairs living space. On the other hand, a two-story living room will often have a vaulted ceiling going all the way to the top of the second story, a truly cathedral-like atmosphere. Advantage: slight edge to one-story.
Bedroom separation. With two-story homes, perhaps the most popular floorplan is to have the master bedroom downstairs and all others upstairs. This provides some measure of privacy for the owner’s suite. With a one-story, all bedrooms are on one floor. To achieve separation and privacy, architects will sometimes put the master on one side of the house and secondary bedrooms on the opposite side, with kitchen, dining and living spaces in between. Parents of young children may want all bedrooms on one side in a one-story. Look for a plan that suits you. Advantage: tie.
The noise factor. What’s that rumble upstairs? From the downstairs living areas, the everyday sounds of life — children running, cabinets slamming — are amplified, making life in a two-story home extremely noisy. Advantage: one-story.
Young and old. Stairs feature prominently in a two-story home, making them unpopular among two sets of buyers. Families with young children view stairs as a safety hazard and families with older or handicapped members view the stairs as a barrier to using the second floor. Advantage: one-story.
Energy efficiency. Because a two-story house has a smaller roof profile, energy efficiency is enhanced. Heat tends to radiate through the roof in winter, and down through it in summer. With less structure exposed via the roof, there’s less radiant heat going either direction. However, it’s sometimes difficult to control temperatures between floors on a two-story home, leaving the upstairs cold in the winter and hot in the summer. It’s also recommended to have two heating and cooling units on two-story homes, adding to installation and maintenance costs. Advantage: tie.
Basements and one-and-a-half story. How about a home with a basement living area or an extra half story over just part of the house? Aside from some special construction challenges, such as room height and minimizing dampness, a basement living space is like having a big bonus room in a house, a real plus. With a half story, consider a guest suite with a bonus room for added living space. Of course, basements add significantly to construction costs while a half-story is more economical to build. Advantage: half-story.
BUYING OR SELLING ~ Call Me Today For A Free Real Estate Consultation!
The first thing that comes to mind when you think of spring is, of course, sunshine. And for buyers who are looking to purchase real estate this spring season, the forecast is looking pretty sunny.
According to a recent article in Realtor Magazine, while home prices across the country are up year over year, the outlook is improving—and homes are expected to become increasingly affordable as we move through spring. The reason for the improved affordability outlook? Falling mortgage rates, which has increased potential homeowners’ buying power and reduced the average monthly mortgage payment (according to the article, mortgage payments on an average-priced home in the US have dropped by $62 per month).
Spring is on its way, and sunnier days—and a sunnier real estate market—are on their way right along with it.
Having moved many times myself, I realize that moving to any home can be both a stressful and exhilarating time in your life. That's where my experience and passion for helping my clients comes in. I will be with you every step of the way to make your experience remarkably smooth.
“I believe that everyone should feel confident when selling or buying a home!"
YouTube Video: https://youtu.be/Z25Y1BmUX98
When you’re searching for your dream home, it’s easy to get excited about a perk like an in-ground pool. But before you sign on the line, you need to know what you’re diving into. Here’s a list of questions to consider before buying a home with a pool.
Probably the most important factor to consider is safety. If you have young children in the family, you might want to think twice before buying a house with an in-ground pool. Drowning and injury are major concerns. If a person is injured or drowns using your pool, you may be liable regardless of whether they had permission to use the pool. Safety fences, specialized pool covers, and alarms can all help to lessen this risk, but they can be costly. Most home insurance companies will recommend increasing liability coverage for properties that have pools.
Rehabilitating an old or neglected in-ground pool can be expensive. A home inspector may not be able to identify less-obvious pool problems. Visible cracks, discoloration, or problems with the surface are all warning signs that could indicate potential problems. Before you purchase a house with a pool, it’s best to hire a professional who specializes in pool inspections.
It is rare, but it is possible that a previous homeowner built the pool without receiving all the proper permits. Some neighborhoods might even have zoning regulations that prohibit the construction of an in-ground pool. It’s a good idea to confirm that the pool conforms to all applicable zoning regulations.
It’s easy to focus on the value of a swimming pool without realizing the costs. Pools need a lot of routine maintenance. The costs include water, chemicals, safety measures if needed, and electricity for heat, lights, and filtering. If you hire a pool company, costs range from $80 to $100 per week. Do it yourself, but you’ll still need to buy supplies. Larger repairs and upkeep will be necessary over time. Homeowners should expect a pool to need resurfacing, a $2,000 expense, every 10 years.
Depending on the location of your potential new home, a pool may add to your home’s value. This is true in warmer regions where pools are more common and used more frequently. You’ll also want to consider whether the pool adds value for you. Do you love to swim? Will you use the pool enough to warrant the cost and effort required to have a pool?