Not-So-Rare Single Story Homes
Over the past year I have had about 50 buyers request a single story home in the Oakhurst area of Clayton. There were none on the market at the time, and when one did come on, it was gone quickly after a small bidding war. They were rare because only 15% of the homes are single story, but more importantly, about 80% of single story residents are retired or soon-to-retire folks. That means they are staying and it’s most likely their last house (one resident told me it was his “final resting place”). As of today, there are 6 beautiful single story homes for sale in the Oakhurst area. I have never seen this before, but we may be seeing more of it in 2006. In the past, these homes would get an extra $75,000 just because they were single story. Today, there is no premium for them and in some cases, they can be less desireable to some buyers due to their larger footprint resulting in a smaller yard. If you want one, now is the time.