1000 sq ft house - better two bigger BR or three small BR?

Question

I'm getting ready to build my first home and am concerned about resale. I'm on a tight budget to complete a 1000 sq ft home. So, is it better to design and build a house with two larger bedrooms or three bedrooms (13x11 MBR, 10x10 additional BR)?

Thank you for your opinions!

Answer 1

Pick your poison.  There is no correct answer.  The main thing to consider is will you enjoy using it the way you choose.   If you choose 3 bedrooms, it is guaranteed that a buyer will look directly at you(in 3 years) and say "Those bedrooms are too small".    If you build 2 beds, the next buyer will say "I need 3 bedrooms, what were you thinking".  Welcome to the world of real estate.

Answer 2

The theory of conformity answers this question.  Generally, a property will realize optimum value when it conforms with it's surroundings.  If most properties in a given area have 2 bedrooms, then buyers who need 3 bedrooms are unlikely to search for home in that area, resulting in a reduced demand and reduced value for the few 3 bedroom properties in the area.  If, on the other hand, most properties have 3 bedrooms, then this will be buyers' expectations for a typically priced home in the area, and they will expect a property with fewer bedrooms to priced significantly lower.  If both are similarly common, then check sale prices for both 2 and 3 bedrooms to see if there's any price variance and make your decision from there.