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Updated over 5 years ago on . Most recent reply

User Stats

69
Posts
17
Votes
Luca Giani
  • Real Estate Agent
  • Costa Mesa, CA
17
Votes |
69
Posts

1 bed/1 bath vs. 2 bed/2 bath

Luca Giani
  • Real Estate Agent
  • Costa Mesa, CA
Posted

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

Most Popular Reply

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1,384
Posts
3,263
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Frank Wong
  • Real Estate Broker
  • Bay Area
3,263
Votes |
1,384
Posts
Frank Wong
  • Real Estate Broker
  • Bay Area
Replied

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. 

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