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Updated over 5 years ago on . Most recent reply
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1 bed/1 bath vs. 2 bed/2 bath
What are your thoughts about 1bed/1bath condo versus 2bed/2bath?
My client is debated between buying a 2+2 and renting one of the room or buying a 1+1.
My take is that the price difference is too thin to justify the difference in utility and versatility. A no brainer to me: I would go just for a 2bed/2bath.
Thanks
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It really depends on the exact difference in price. If you are looking for appreciation 2/2 will be better. It will attract a larger buyer pool in the future. A 1/1 works well as an investment because the cost the acquire is much lower and you have a better chance to cash flow. Could be different in your market but this is what I see here in the Bay Area.