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Are three storey houses worth more than two storey houses?

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    As modern houses shrunk the bedrooms got smaller, the move to 3 floors gave the space per room back.

    round our way 25 years a go there were some very spacious 3 story places built with the upper floor aimed at being kids rooms+ bathroom, massive master and guest suites with spacious ground floors and detach garages.

    The newer estates have move to town house(terrace) style on smaller footprints to get the higher density to make room for the social/affordable housing.
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hardly a new thing, having a lounge on a first floor. Townhouses have been around for decades/centuries.

    My old one was on four floors. Loved it. Four double bedrooms. Flexible (could have had the lounge in the dining room if you wanted a downstairs one - had a kitchen/diner so always dining space there instead/as well as).

    Not worth more (than 2-3 storey houses) cos of number of floors though!

    Jx
    2024 wins: *must start comping again!*
  • SandC
    SandC Posts: 3,929 Forumite
    Part of the Furniture 1,000 Posts
    Love old three storey houses, up to Edwardian era. Most of the modern ones locally to me are making a 3/4 bed house in a plot of land usually used for 2 beds - so in my opinion shouldn't cost more. There are some nice high end ones though.
  • DigForVictory
    DigForVictory Posts: 12,072 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    To me, yes. The space is the absolute winner. Room to accomodate three lads, and all their blinking paraphenalia. This week's passion, last week's fad, the clothes they've almost out grown, the clothes they've "put away", the clothes they'll grow into if sibling will please release their grip, and then (I blame the Y Chromosme) the tools...

    When they leave, we'll be rattling around this barn like two peas in an icecream tub, and having to declutter to fit into a smaller place will be more complex than an amputation. Not this decade!
  • Linton
    Linton Posts: 18,191 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Doozergirl wrote: »
    What you're saying confirms what I've said. The land value affects house price more than the actual building. If you're sat on an acre of land, the larger part of value is in the land you're sat on, the building proportionately less.

    Bungalows cost more to build per square foot than a two storey house which in turn costs more than a three storey house. That almost always reflects in house price but much less than land value.

    It seems to me it's more complex than that as what drives the land value is the profit generated by what someone would be prepared to pay for a house built on it. And what type of house such a person would expect. Both factors will vary depending on the desirability of the location for the different types of people in society.
  • movilogo
    movilogo Posts: 3,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    3 story houses usually have less footprint than a 2 story house. So it should cost less.

    Also, having 2 flights of stairs is not good for aged people.
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
  • System
    System Posts: 178,352 Community Admin
    10,000 Posts Photogenic Name Dropper
    My aunt lived in a house which from the outside looked two storeys, but was four floors! The floors were separated by 5-7 stairs with two rooms on each floor.

    Made stair cleaning a pain
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 11 March 2014 at 12:50PM
    http://www.rightmove.co.uk/property-for-sale/property-40757191.html

    I think this is a good example of a well laid out three storey property!

    Now the top storey is just a large bedroom, en-suite and built in wardrobes.
    Any teenager would love this as there FLOOR!
    Guest bedroom or Mum and Dads floor with teenage kids.
    Normal on the ground floor with kitchen, lounge and dining room.
    This property also has a bathroom with a bath and two en-suite shower rooms so great for a family.
    Yes more stairs and more toilets to clean ( It has four!) but also more ROOM
    It also has lots of storage on all three floors!!!!
  • phoebe1989seb
    phoebe1989seb Posts: 4,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 11 March 2014 at 3:23PM
    Our last-but-one house (a detached property built in 1888) also resembled a two-storey house from the front, but once inside it had a mezzanine plus third storey to the rear as well as a cellar. With a total area of just under 3500 sq ft, it wasn't small and the ground floor footprint included a hallway that could accommodate a dining table - at a squeeze.....we once ate Christmas dinner there whilst renovating - not simultaneously, lol ;)

    When we sold in 2007 one viewer with several young kids opined that it was unsuitable as she liked to have all the bedrooms on the same level - we had two on the first floor proper, another two on the mezzanine and two more on the top floor (with standard ceilings, not eaves/sloped type) - yet this was perfectly obvious from a quick glance at the online floor plan :p We also had bathrooms/loos on each floor. Despite this one buyer's attitude we had no problems selling to a couple who, like us had one teenage son.

    IMHO though, such period properties are desirable and can command a premium in the right location - the amount of stairs wouldn't deter me (unless I was old and infirm, but then I doubt I'd be looking at houses that size) as I found I was the fittest I've ever been when we lived there. Like everything else, it's horses for courses as I personally wouldn't ever contemplate buying a modern house however many floors it did or didn't have :o
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • Leo2020
    Leo2020 Posts: 910 Forumite
    dimbo61 wrote: »
    http://www.rightmove.co.uk/property-for-sale/property-40757191.html

    I think this is a good example of a well laid out three storey property!

    Now the top storey is just a large bedroom en-suite and built in wardrobes.
    Any teenager would love this as there FLOOR!
    Guest bedroom or Mum and Dads floor with teenage kids.
    Normal on the ground floor with kitchen, lounge and diining room.
    This property also has a bathroom with a bath and two en-suite shower rooms so great for a family.
    Yes more stairs and more toilets to clean ( It has four!) but also more ROOM

    Something like that I would consider if I had the budget because you have three bedrooms on one floor which for me would be better with a two year old and one on the way.

    The town houses with a garage and kitchen downstairs with the lounge on the first floor I wouldn't even consider. I couldn't really leave two kids upstairs on their own whilst I made a cup of tea, put the washing on, made dinner, etc. I would have to take them downstairs with me along with the mount everest of washing piles! And them take them and the washing back up with me.

    I'm looking for a 3 bed at the moment and I won't consider a town house of this style. To me having 2 floors is worth more than 3.

    One of the other styles of town house which I can see I point in are ones with are really a standard 2 floor house with a garage underneath where because it is on a hill once you get to the first floor you are straight onto the back garden. At least once you are up the first flight of stairs you don't need to keep going up and downstairs if say you are wanting to use both the lounge and garden.
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