Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 03-21-2011, 05:44 PM
 
167 posts, read 555,871 times
Reputation: 76

Advertisements

All things equal, which would be the most attractive property to purchase in terms of resale value for a single family residence?

I am looking for a home now and I see various properties that are w/in my budget. The homes are usually 3 bedroom with 1 bath or a 2 bedroom with 2 baths.

My initial preference was to find a 2 bdrm, 2 bath but that may be shortsighted on my part. I am single, no kids so both are actually fine with me but which is preferable overall?
Quick reply to this message

 
Old 03-21-2011, 05:50 PM
 
218 posts, read 796,753 times
Reputation: 227
I would take a 3/1 over a 2/2 personally. It may depend on area but resale matters to me and my realtor advised that I want at least 3 bedrooms for maximum ease of selling since even though a 2 bedroom sell eventually, it generally takes quite a bit longer.
Quick reply to this message
 
Old 03-21-2011, 05:57 PM
 
11,113 posts, read 19,410,701 times
Reputation: 10172
Quote:
Originally Posted by FarewellLA View Post
All things equal, which would be the most attractive property to purchase in terms of resale value for a single family residence?

I am looking for a home now and I see various properties that are w/in my budget. The homes are usually 3 bedroom with 1 bath or a 2 bedroom with 2 baths.

My initial preference was to find a 2 bdrm, 2 bath but that may be shortsighted on my part. I am single, no kids so both are actually fine with me but which is preferable overall?
It depends whether or not the home is in an area of similar homes; similar age groups etc. and if there is a possibility of adding another bath in the future. Also depends on how long you plan to stay in the house. In retirement areas, two beds and two baths is not objectionable. In an area with amenities for young children, people can get by with one bath, but not with 2 BR's ... that determines resale value.

All in all, choose what works for you at the right price now. You cannot "buy" into the future.
Quick reply to this message
 
Old 03-21-2011, 05:59 PM
 
1,096 posts, read 4,513,856 times
Reputation: 1097
Quote:
Originally Posted by FarewellLA View Post
All things equal, which would be the most attractive property to purchase in terms of resale value for a single family residence?

I am looking for a home now and I see various properties that are w/in my budget. The homes are usually 3 bedroom with 1 bath or a 2 bedroom with 2 baths.

My initial preference was to find a 2 bdrm, 2 bath but that may be shortsighted on my part. I am single, no kids so both are actually fine with me but which is preferable overall?
Both are drawbacks, but I would say 3 bed one bath is better than 2 bed 2 bath.

You can normally probably find a space to put a 2nd bathroom if necessary or may be able to expand a 1/2 bath into a full bath to make two bathrooms but without doing a huge addition you really can't add a bedroom
Quick reply to this message
 
Old 03-21-2011, 07:01 PM
 
Location: Simmering in DFW
6,952 posts, read 22,597,783 times
Reputation: 7295
sometimes you can add a half bath its it's pier & beam and has an extra closet in the master or room in the laundry room.....so look for that possibility and go with the 3/1.....
Quick reply to this message
 
Old 03-22-2011, 04:55 AM
 
Location: Perry South, Pittsburgh, PA
1,437 posts, read 2,858,542 times
Reputation: 989
I have a four bedroom, one bath, toilet in the basement (no sink though) and it works out just fine. I don't know how it will affect resale but it's an 85 year old house in a neighborhood of 85 year old houses, so I imagine a lot of them are like this.
Quick reply to this message
 
Old 03-22-2011, 08:22 AM
 
Location: NJ
17,574 posts, read 45,968,514 times
Reputation: 16266
For me, 1 bath vs. 2 would be an inconvenience. 2 bedroom vs. 3 would be a deal breaker.
Quick reply to this message
 
Old 03-22-2011, 09:42 AM
 
Location: Pomona
1,955 posts, read 10,945,052 times
Reputation: 1562
Provided they're both similar in price, condition and square footage, I'd go with the 2/2.

Yeah, they both have their drawbacks attracting families when it comes to resale time, but my reasoning is that it's cheaper to add on a bedroom than to add a bathroom.
Quick reply to this message
 
Old 03-22-2011, 10:03 AM
 
Location: Princeton, NJ
249 posts, read 822,765 times
Reputation: 107
I'd go with the 2/2 before the 3/1. If you ever need to get a roommate or rent the space out, who wants to share a bath???
Quick reply to this message
 
Old 03-22-2011, 10:08 AM
 
Location: NJ
17,574 posts, read 45,968,514 times
Reputation: 16266
Quote:
Originally Posted by Narfcake View Post
but my reasoning is that it's cheaper to add on a bedroom than to add a bathroom.
I don't know if I agree with this. Adding on a bathroom seems like you are talking about putting an addition on your house. Adding a bathroom is most likely using existing space.
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:
Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top