Why are split level homes cheaper?

Why are split level homes cheaper?

Since they seem a little out-dated, split-level homes actually tend to be cheaper since there is less demand in some markets and, since there are many of them following a 1970s building boom, there’s ample inventory. It’s a particularly smart option for first-time homebuyers.

What are split level houses called?

bi-level home
A split-level home (also called a bi-level home or tri-level home) is a style of house in which the floor levels are staggered. There are typically two short sets of stairs, one running upward to a bedroom level, and one going downward toward a basement area.

Are split level houses good?

A split-level house can give you excellent value for your homebuying dollar, and it can be a smart choice for homebuyers who want some separation between living spaces while having the main areas of the home close together.

Should you buy a split-level?

While split-level houses are preferred by some homeowners, they can be unattractive to others, making them harder to sell. Some of the features that might make a split-level house hard to sell are having too many stairs, limited natural light, a floor plan that feels choppy or no curb appeal.

Are split level homes more expensive?

A common question we receive: are split level homes more expensive to build. On average, sloping blocks are cheaper than standard flat blocks. This comes down to demand for level building sites and the ease of building on a level surface.

Is a split level considered a basement?

Yes, split-level homes do have basements and garages. Upon entering a split-level home, you’ll usually see one staircase leading up to bedroom levels, and another staircase leading down to the basement level. ​​The basement floor is level with the driveway, and often features a laundry room or living area.

What can you do with a split-level house?

Consider these split-level home renovations that brighten the entire space:

  1. Replace and add windows. Small windows can make a home look dated.
  2. Add a skylight or solar tubes. Bring in some light from above too!
  3. Go for custom mirrors.
  4. Install custom lighting.
  5. Use light paint colors.
  6. Remove walls.