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buying single store or double store house

trupti nigam
Ranch Hand

Joined: Jun 21, 2001
Posts: 613
Hello ALL,

Thought I should take some opinion from all the ranchers.
We are thinking of buying a house in FL. We have started visiting the sites etc. The First question that came to my mind is which one is better Single store house or double store?

From selling perspective which one is better? Also any other opinions are welcome.

Thanks,
Trupti
Arjunkumar Shastry
Ranch Hand

Joined: Feb 28, 2005
Posts: 986
How costly is your residential area in Florida?If it is costly,purchase double storey,you can give top floor on rent if the law there allows that.


Namma Suvarna Karnataka
Jesse Torres
Ranch Hand

Joined: Mar 25, 2004
Posts: 985
Originally posted by trupti nigam:
Hello ALL,

Thought I should take some opinion from all the ranchers.
We are thinking of buying a house in FL. We have started visiting the sites etc. The First question that came to my mind is which one is better Single store house or double store?

From selling perspective which one is better? Also any other opinions are welcome.

Thanks,
Trupti


From a reselling perspective, a two story house with Cathedral ceilings, large kitchen, 4 bedrooms, 2 1/2 baths, and a 3 car garage is more feasible.

Good luck,
Jayesh Lalwani
Ranch Hand

Joined: Nov 05, 2004
Posts: 502
It all depends on a) what kind of houses are there in the area and b)what you can afford. If the area has 1000 sqft houses, and you buy a 3000 sqft house, then your house is going to be undervalued. If the area has 3000 sqft huses, and you buy a 1000 sqft house, then your house won't move quickly. Try to stay in the median size range. If your area has a mixture of big and small houses, go with what you can afford.

Are you buying a new or an old house?
fred rosenberger
lowercase baba
Bartender

Joined: Oct 02, 2003
Posts: 11154
    
  16

How good are you knees? you will be carrying a lot of stuff up and down those stairs - laundry is the main thing i move...


There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Ernest Friedman-Hill
author and iconoclast
Marshal

Joined: Jul 08, 2003
Posts: 24183
    
  34

Yeah. Especially in a state like Florida, with a sizeable retiree population, multistory homes have a more limited resale audience. People with limited mobility usually want to live in a ranch.


[Jess in Action][AskingGoodQuestions]
Rene Smith
Greenhorn

Joined: Jun 10, 2004
Posts: 21
Also, I think it's more cost effective to run air conditioning in a single story home. Not sure if that matters...

-Rene
trupti nigam
Ranch Hand

Joined: Jun 21, 2001
Posts: 613
We want to go for new house. The area has houses in the 1700 sq.ft to 2500 sq.ft range.
The one we are looking for has the option of having only one bedroom or bonus room upstairs and rest of the rooms (it's a 5 bedroom,3 bath,2 car garage) on the first floor.
What we have observed is in the last 2 years the house prises have gone up by atleast 40/60 k.

Thanks,
Trupti
Marc Peabody
pie sneak
Sheriff

Joined: Feb 05, 2003
Posts: 4727

If a house is very appealing to you, plenty of other people will probably also find it appealing.

Get something that will best fit your lifestyle. You'll be there for years so you'd better make sure you will enjoy it.


A good workman is known by his tools.
Jayesh Lalwani
Ranch Hand

Joined: Nov 05, 2004
Posts: 502
Originally posted by trupti nigam:
We want to go for new house. The area has houses in the 1700 sq.ft to 2500 sq.ft range.
The one we are looking for has the option of having only one bedroom or bonus room upstairs and rest of the rooms (it's a 5 bedroom,3 bath,2 car garage) on the first floor.
What we have observed is in the last 2 years the house prises have gone up by atleast 40/60 k.

Thanks,
Trupti


Wow.. how do you fit 5 bedrooms in a 2000 sqft house? Are you sure you are not counting the living room as a bedroom?

If you are going for a new house, go with a reputed builder with high volume. Usually, builders, who buy huge tracts of land to develop, design the houses so that it goes off the market fast. All the houses around you will look similar. That might be good from a resale point of view, but some people don't like that.
[ April 05, 2005: Message edited by: Jayesh Lalwani ]
trupti nigam
Ranch Hand

Joined: Jun 21, 2001
Posts: 613
The house is 2456 sq.ft.
And I didn't count living room as bedroom.

Originally posted by Jayesh Lalwani:


Wow.. how do you fit 5 bedrooms in a 2000 sqft house? Are you sure you are not counting the living room as a bedroom?

If you are going for a new house, go with a reputed builder with high volume. Usually, builders, who buy huge tracts of land to develop, design the houses so that it goes off the market fast. All the houses around you will look similar. That might be good from a resale point of view, but some people don't like that.

[ April 05, 2005: Message edited by: Jayesh Lalwani ]



Thanks,
Trupti
 
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