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One Story, Two Story, or Multi-story homes?

The Pros and Cons of Buying a One-Story Home

One-story homes are incredibly popular in certain parts of the country, including the Southeast, in part due to the large senior citizen population found in the region. In fact, according to the 2009 American Housing Study, about half of the homes in the south are one-story homes. Contrast this with the northeast, where only 5 percent of homes are one story. This data greatly impacts your chances of successfully reselling your one-story home, depending on where you live. On the other hand, if you are looking for a bargain, comb the real estate listings for two-story homes in the south – or one-story homes in the Northeast – and save.

The Positives of Owning a One-Story Home

A one-story home is almost an essential for senior citizens, thanks to the safety and mobility needs of this group. Individuals of any age with mobility problems or arthritis will likely prefer a one-story home as well. For owners of any age, a one-story house has plenty of perks, including the convenience of having the laundry room on the same floor as the bedrooms, and the ease of performing exterior maintenance. Changing a spotlight on a two-story house requires an extension ladder and someone brave enough to climb it; you can do this same task with a small stepstool on a one-story home.

One-Story Home Cons

Some one-story homes are limited in size simply due to the size of the lot. By building up instead of out, you can fit more square feet into a two-story home that takes up the same amount of land. This size limitation may make one-story homes less appealing to large families. A one-story may also lack in privacy since the bedrooms and more public living spaces are on the same floor.

 

Explore ourreal estate listings as you begin your search for a new home and contact one of our experienced real estate agents to help you with your home buying questions.


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