Single Story vs Two-Story Custom Home: Which is Better?
By HiLine Hal
This post was originally published on February 4th, 2015, and last updated on March 30th, 2021.
Among the decisions to make when choosing a home plan, whether or not to live in a single story or a two-story home is one of the most important in terms of lifestyle and resale value. Some people wonder about the resale value difference between a one and two-story home.
While single-story homes might have a slight edge with the aging population, that trend could easily change in the future making two-story homes more valuable. Depending on your particular situation, you may favor a home without stairs to climb or you may prefer a two-story because it allows for more privacy.
According to an article on the Sacramental Appraiser Blog, it’s more likely that a one-story home is deemed a “non-negotiable” factor by some homebuyers.
Thinking about the investment side
The appraised value of a home is more dependent on the “supply and demand” of different kinds of homes in an area. An appraiser typically looks at the square footage of a home rather than whether it’s a single or two-story house. If there are a lot of families moving into an area that are looking for two-story homes, it could increase the demand and, therefore, the value of the home.
Considering your lot specifications
In more developed areas where lot sizes may be smaller, a two-story home allows for more square footage on a smaller parcel, which may also favorably affect the home’s appraised value. You may thus opt for a two-story home model that is specifically designed for narrow lots. Other factors to consider are trees on the lot, the view from windows, and the curb appeal. Some people feel a two-story home would just look better on their particular piece of land, while others want a modern-style one-story with large picture windows that overlook a garden in the front yard.
Buying a home you can enjoy
Putting the unknown factors of supply and demand aside, it’s important to choose a home based on your family’s preferences. Many families like two-story homes that have all the bedrooms upstairs, but a den or office space on the first floor for work needs. Others prefer the master bedroom downstairs with the family/guest bedrooms upstairs. A one-story home, on the other hand, makes aging in place a lot easier, as stairs can be difficult for some folks as they get older.
Whether you buy a one or two-story home, you’ll still have other decisions to make such as storage needs, open floor plans, a certain ceiling height, and porches or decks. A new home builder that handles on-your-lot construction can be of great assistance.
HiLine Homes is a reputable residential home builder that takes pride in building quality custom homes at an affordable price. We offer a wide range of floorplans, layouts, and styles. For more information on how to decide on the best floor plan for your family, please contact us.
Sep 23, 2021
Should You Build or Buy a House? (Pros & Cons)
Sep 13, 2021
What is Instant Equity & How to Achieve It?