Originally Posted by Chrisk327
not something that is easy to answer, for
2) how much is the rent on a 1 vs a 2 in the area you're in.
3) how much is the cost difference to own either?
I know a lot of areas of the country that rent is realitively cheap, even as a single person or married couple a 2br isn't abnormal, and is desireable.
where I live, it is a significant diff in price to rent a 2br vs 1br, and same for purchase.
Whatever you do unless you're in a SUPER high cost area, skip studios
I think I heard that a 2 bedroom condo is better for resale
, and at least a 3 bedroom for an SFR.
We live in a pretty expensive area... South Orange County.
We're in a one bedroom apartment at the moment and since it's just the two of us, it's fine. However, we're looking to buy, (can't really afford a house here right now) and thinking it could potentially be a rental in the future.
Where I am right now, the difference between a one and two bedroom apartment is about 400 dollars.
A condo complex we have our eye on have one and two bedrooms and they seem to have a 40-60 K difference. The 2 bedrooms have a one car garage so that also a plus.
Thanks for the feedback, and you're right, we will not consider a studio!