As housing prices continue to rise, people are considering alternative living options and one increasingly popular option is buying a duplex.
This type of home offers numerous advantages such as a lower price point, comparable space of a traditional single-family home, energy savings and endless other options, it’s hard to contain them in just one blog!
Price Speaks for Itself
One of the most significant benefits of buying a duplex is the price.
Typically, duplexes are less expensive than a single-family home while offering the same great quality, space and features you would find in any Sterling built home.
Purchase price will vary depending on the location, but you, undoubtedly, get more bang for your buck with a duplex.
More Space and Features
Sterling Homes duplexes are spacious! Our duplex models range from 1253 to 1994 sq ft and include double front attached garages.
The Winston, a bungalow, is just the right size for anyone looking to downsize while the Caspian, our spacious two-story model, offers room for a growing family.
Sterling also offers great options to maximize the space including basement development, four-bedroom upper floor, dual masters and side entrances.
Have you ever dreamed of growing your own vegetables, having a play structure for your kids or even an outdoor kitchen? Duplex living offers great outdoor space that you can make your own..
Duplexes are an excellent investment for energy efficiency. When you share a wall with someone else, it can help to reduce the amount of air leakage in the home. This means you’ll save on heating and cooling costs year-round. Plus, you’ll be helping to reduce your carbon footprint by using less energy.
Duplexes also come with lower maintenance and repair costs compared to a traditional single-family home.
Additionally, every new Sterling built home includes 1-2-7-10 year warranty coverage which will save you time, money, and stress for years to come.
Multi-Generational Family Home
Duplexes make excellent multi-generational family homes.
For example, grandparents can live in one half of the duplex while their children and grandchildren live in the other. This enables families to stay together while still maintaining their independence.
Potential Rental Income
Did you know you can build a rental unit in your duplex?
Including the optional basement suite when you purchase can provide extra income to help pay your mortgage, taxes, and maintenance costs and in some cases, you could even be cash flow positive.
Legal basement suites offer full autonomy to each unit and would even be great as a short-term option for vacationers.
If you are looking to fly south for the winter, a duplex home allows you to leave and know there is a neighbor close by to help keep an eye on your property.
With the cost savings of buying a duplex vs single family home you’ll have extra money to enjoy the winter months in the sunshine.
Enjoy a brand-new Sterling built home sooner with our simplified purchase process and newly curated design boards. Each duplex also includes Virtuo concierge service, which provides complimentary reusable moving boxes and assists you with forwarding your mail, coordinating moving quotes, transferring your utilities, and ordering waste and recycling bins.
Purchasing a duplex is an excellent option for those looking for an affordable, spacious, and convenient home. The benefits of owning a duplex including lower purchase prices, more living space, potential for rental income and so much more, it’s hard to ignore the possibilities.
If you’re in the market for a new home or have any questions about duplex living contact our sales team today.