Monday, April 6, 2015

Should You Buy a 2-Story Home in Venice?

New home builders are including more and more 2 story homes as a way to build more heated square footage on a small lot.  Builders are also taking a cue from census data that shows more demand for multi-generational homes.

2 story home in Arbor Lakes Palmer Ranch
2 story home for sale in Arbor Lakes at Palmer Ranch

Is buying a 2 story home in the Venice area a good idea?

I analyzed Venice FL MLS data for 2 story, 3+ bedroom single family homes sold within the past 180 days, and one story single family homes during the same period.

Median Sales Price Per Sq Ft:  Two story $132,  One story $140
Median Days on Market:   Two story 92 days, One story 45 days

Avoid 2 story homes whenever possible.  They take longer to sell and appeal to far fewer potential buyers in the Venice, FL area.

If you are looking for Venice FL homes for sale please visit my website, or contact me for more information.


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