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Updated over 7 years ago,
2 Story or 3 story with a MIL duplex
I currently own a small footprint lot that is zoned for a duplex. I'm getting various bids and getting ready to break ground in the next few months. These are going to be designed for rentals, but I will eventually sell in about 7 years.
I'm leaning 2 directions on the design. I'm looking at one of the following 2 options.
1. Garage, kitchen, dining, living area on the 1st floor with 3 bedrooms and laundry on the 2nd floor.
2. Garage and a small apt on the ground floor. 2nd floor is kitchen, living, dining. 3rd floor is 3 bedrooms.
The cost to build each model is not significantly different.
My dilemma is trying to figure out where the demand would be greatest for rental (while I own) and then for resell in a few years.
I think the market for those wanting a 3 story is limited, but having the extra bedroom and a ground floor MIL unit makes me think someone would be more than happy to climb the 2 flights to the bedrooms.
What does the wisdom of the group advise?
Thanks