{"id":3197,"date":"2020-10-06T05:00:58","date_gmt":"2020-10-06T10:00:58","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/is-it-time-to-move-into-a-single-story-home\/"},"modified":"2021-05-18T20:22:35","modified_gmt":"2021-05-19T01:22:35","slug":"is-it-time-to-move-into-a-single-story-home","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/is-it-time-to-move-into-a-single-story-home\/","title":{"rendered":"Is it Time to Move into a Single-Story Home?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/10\/05172440\/20201006-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Is it Time to Move into a Single-Story Home? | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don\u2019t need four bedrooms anymore, and it may be a great time to <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/09\/30\/why-selling-this-fall-may-be-your-best-move\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">sell<\/a> your house and downsize, maybe even into a single-story home. You\u2019ve likely gained significant equity if you\u2019ve lived in your home for a while, so making a move while demand for your current house is high could be your best step forward toward the retirement goals you set out to achieve several years ago.<span id=\"more-43134\"><\/span><\/p>\n<p>The dilemma, though, is where to go next. A big concern for many homeowners who are ready to sell is finding a home to move into, given today\u2019s lack of houses available for <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/09\/17\/how-low-inventory-may-impact-the-housing-market-this-fall\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">sale<\/a>. There is, however, some good news: the number of single-family 1-story homes being built today is on the rise, improving your odds of finding the right home for your changing needs. In a recent <a href=\"http:\/\/eyeonhousing.org\/2020\/09\/single-story-home-construction-continued-to-increase-in-2019\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">article<\/a>, The <em>National Association of Home Builders<\/em> (NAHB) explains:<\/p>\n<blockquote>\n<p><em>\u201cNationwide, <strong>the share of new homes with two or more stories fell <\/strong>from 53% in 2018 to 52% in 2019, <strong>while the share of new homes with one story grew<\/strong> from 47% to 48%.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Here\u2019s a map showing the breakdown of newly constructed homes being built by region, and the percentage of 1-story and 2-story homes in that mix:<a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/10\/05172443\/20201006-MEM-Eng-1.jpg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-43136\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/10\/05172443\/20201006-MEM-Eng-1.jpg?resize=650%2C488&#038;ssl=1\" alt=\"Is it Time to Move into a Single-Story Home? | Simplifying The Market\" width=\"650\" height=\"488\" \/><\/a><\/p>\n<h4><strong>What are the benefits of buying a one-story home? <\/strong><\/h4>\n<p>Still not sure about buying a single-story home? An article from <em>Home Talk <\/em>covers several advantages of switching from two floors to one:<\/p>\n<p><strong>1. Energy Efficient<\/strong><\/p>\n<blockquote>\n<p><em>\u201cIt is easier to heat and cool a single-story house [than] it would be to regulate the temperatures of a multi-story house.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Most single-story homes only need one heating or cooling unit, and they typically stay cooler than a two-story home, both of which can lead to significant savings.<\/p>\n<p><strong>2. Easier to Maintain<\/strong><\/p>\n<blockquote>\n<p><em>\u201cDoing a general cleaning in a single story requires less effort and you will be able to see all areas that need cleaning and the areas are easily accessible.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Cleaning and maintenance of a single-story home can take less time and effort, and better upkeep helps improve the overall value of the home.<\/p>\n<p><strong>3. Accessible for Everyone<\/strong><\/p>\n<blockquote>\n<p><em>\u201cA single-story house can be accessed by anyone, whether they are young children or the senior citizens.\u201d<\/em><\/p>\n<\/blockquote>\n<p>If you\u2019re looking for a house that provides a safe and easily accessible environment at any age, a single-story home may be optimal.<\/p>\n<p><strong>4. Good Resell Potential<\/strong><\/p>\n<blockquote>\n<p><em>\u201cWhen buying a single-story house, you should consider the resale value should you think of reselling it in case of a circumstance that can happen. Look at the growth rate of that area. Due to the high demand of these types of houses it is [easy] to resell them and depending on the growth rate of an area, it increases in value significantly.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Single-story homes have a lot of benefits and are often in higher demand. This bodes well for future resale opportunities.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>There are many benefits to downsizing into a one-story home. Doing so while demand for your <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/09\/15\/is-now-a-good-time-to-move\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">current house<\/a> is high might make it easier than ever to make a move. Let\u2019s connect if you\u2019re ready to purchase the single-story home you need while homes are so affordable today.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don\u2019t need four bedrooms anymore, and it may be a great time to sell your house and downsize, maybe even into a single-story home. You\u2019ve likely gained significant equity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3198,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-3197","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is it Time to Move into a Single-Story Home?&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/is-it-time-to-move-into-a-single-story-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is it Time to Move into a Single-Story Home?&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. 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You\u2019ve likely gained significant equity [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/is-it-time-to-move-into-a-single-story-home\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-06T10:00:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-19T01:22:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2020\/10\/20201006-KCM-Share-549x300-1.jpg?fit=549%2C300&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"549\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott\" 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