1 Story House For Sale Near Me (2024)

FAQs

Are one story houses good? ›

Single-Story Living: Pros + Cons

Some pros and cons of purchasing a single-story home include: PRO: Never having to drag things up and down stairs all day long. PRO: Single-story designs mean a more open, sprawling floor plan. PRO: Can be safer for children and elderly: no stairs = no falls or injuries.

Know the two hot spots

The rooms buyers most closely inspect (and judge) in a house are the kitchen and master bath. These are the interior spaces where the most value can be added during a sale, so they need to look their best.

According to data collected by Realtor.com, smaller homes have increased in value in 17 out of 20 locations over a three-year period. Overall, the smallest homes appreciated an average of more than 9.6%, while the largest homes increased an average of less than 4%.

The big drawback of a one-story home is the same as its advantage in some ways: Everything is on the same floor, including your kitchen and bedrooms. That can mean less privacy and fewer opportunities to separate a cozy sleeping environment from, say, a bustling kitchen or family room.

Our customers often ask us this question, so we decided to do an quick analysis on floor plan cost to build based on the number of floors. We analyzed our library of one-story and two-story plans to compare costs and found that two story plans are 14% more affordable to build per square foot on average).

Can You Use a Home Equity Loan to Make a Down Payment on a Home? Yes, if you have enough equity in your current home, you can use the money from a home equity loan to make a down payment on another home—or even buy another home outright without a mortgage.

A second mortgage is no small concern if you are still paying for the first home. Like applying for your first mortgage, lenders will consider your credit, income, debt, employment history, assets, etc. Once again, you will be under the scrutiny of a mortgage lender.

Bridge loans alleviate the need to make a contingent offer, but they can cost more in fees than a home equity loan. Bridge loans are temporary loans that bridge the gap between the sales price of a new home and a buyer's new mortgage. It is secured by the buyer's existing home.

The places that sold the quickest—on average, 86 days—were between 1,500 and 2,000 square feet and priced at about $194,000. Residences that are over 10,000 square feet, priced at an average of $3.45 million, stayed on the market for an average of 173 days, the data showed.

What style of house is easiest to sell? ›

The common denominator is either the seller or the listing agent didn't listen to the market. Some sellers also fail to make a good agent selection. Pricing improperly and picking the wrong agent often go hand-in-hand. Simply listing a home on the MLS is not enough.

The consensus has always been that a single-story home is more energy-efficient because heat rises, resulting in a larger temperature variance and additional burden on climate control systems. And this is correct, since warm air will always make a beeline for cooler air in an effort to balance things out.

(of a building) having only one floor or level. The Wellmans' house was a roomy, single-storey building.

Since a one and a half story home does not have a full second floor, it opens up options for vaulted ceilings, large windows, and overhanging lofts. If you've ever dreamed of floor to ceiling windows or having a large library, the added height one and a half story homes allows could be just the ticket.

A bungalow is a one-story house, cottage, or cabin that is generally small in terms of square footage, although it is not uncommon to see very large bungalows.