Is it time to move to a one-story home?

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Is it time to move to a one-story home?  |  Simplifying The Market

After the kids have left the nest, you may be wondering what to do with all the extra space in your home. You probably don’t need four bedrooms anymore, and it might be a great time to sell your house and reduction, maybe even into a one-story home. You’ve probably gained significant equity if you’ve lived in your home for a while, so making a move while demand for your current home is high could be your best step forward toward the retirement goals you aimed to achieve a few years ago.

The dilemma, however, is where to go next. A major concern for many homeowners who are willing to sell is finding a home to relocate to, due to today’s lack of available homes. for sale. There’s some good news though: the number of single-family single-family homes being built today is growing, improving your chances of finding the right home for your changing needs. In recent article, La National Association of Home Builders (NAHB) explains:

“Tutlande, the share of new homes with two or more stories has fallen from 53% in 2018 to 52% in 2019, while the share of new homes with one story grew from 47% to 48%. “

Here is a map showing the deterioration of newly built homes built by region, and the percentage of 1-story and 2-story homes in that mix:Is it time to move to a one-story home?  |  Simplifying The Market

What are the benefits of buying a one-story home?

Still not sure about buying a one-story home? An article of Home Discussion covers several advantages of changing from two floors to one:

1. Energy Efficient

“It’s easier to heat and cool a one-story house [than] it would regulate the temperatures of a multi-storey house. “

Most single-story homes need only one heater or cooler, and they usually stay cooler than a two-story home, both of which can cause significant savings.

2. Easier to Maintain

“Doing general cleaning in one story requires less effort and you will be able to see all the areas that need cleaning and the areas are easily accessible.”

Cleaning and maintaining a one-story home may require less time and effort, and better care helps improve the overall value of the home.

3. Accessible to All

“Anyone can access a one-story house, whether they are young children or the elderly.”

If you are looking for a house that provides a safe and easily accessible environment at any age, a one-story home may be optimal.

4. Good Resellable Potential

“When buying a one-story house, you need to consider the resale value if you are thinking of reselling it in the event of an event. Look at the growth rate of that area. [easy] resell them and depending on the growth rate of an area, it increases its value. “

Single-story homes have many advantages and often require more. This bodes well for future resale opportunities.

Bottom Line

There are many benefits to downsizing to a one-story home. Doing so while claiming yours current house is high may make it easier than ever to move. Let’s get connected if you’re willing to buy the one-story home you need, while homes are so cheap today.

Content previously posted in Keep Current Things

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