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Updated about 4 years ago on . Most recent reply

User Stats

219
Posts
82
Votes
Alice Huang
  • Investor
  • Montreal, Canada
82
Votes |
219
Posts

New build of 2/2 or 3/2 and why?

Alice Huang
  • Investor
  • Montreal, Canada
Posted

Hello everyone!

Appreciate your feedback and insight!

My business partner, who is also on BP, and I are building new builds and we have a location that we are disagreeing on what to build, in San Antonio.  Would love your feedback!

With all being equal (new builds, same location that's ideal for young professionals, same quality), would you build a 2/2 (2 larger bedrooms + study), or would you build a 3/2 (1 large master bedroom + 2 smaller rooms)? And why?

We are planning on building and renting.  Some of the highest sold prices have been 2/2.5, so it really got me thinking, could the rental market be the same?  Local PMs have been rather useless as they're comparing apples to oranges giving us stats of 2/2 that's renting at $0.6/sqft and 3/2 that's renting at $1.3/sqft... 

Thanks everyone.

Best,


Alice

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