{ Create an Account }   { Login }   { Contact }

The Myth of a Third Bedroom

The demand for a three-bedroom home is still a strong one but many homebuyers are now drawn to two-bedroom dwellings thanks to changing lifestyles that rethink the traditional way we look at housing.

There are plenty of reasons that go into deciding if you require a two- or three-bedroom residence and often affordability, convenience and ease-of-use factors play a big part. Where you are in the life cycle might be a first question you want to ask yourself. Do you have young children who will inevitably outgrow the coziness of sharing a bedroom at some point? Are you an empty nester looking to take long and expensive trips so less house means fewer headaches and expenses? Maybe you are just starting out so budgeting and economies of scale are top of mind. A smaller home would definitely fit the bill.

It’s true that three-bedroom homes are the most desired, according to the National Association of Realtors. Actually, it’s three bedroom homes with two-bathroom dwellings that appeal to the largest numbers, which are families with one or two kids still living at home.

So it’s a pretty safe bet that if your home comprises two bedrooms only it won’t be highly sought after by couples looking to start a family or those who already have children. That third bedroom harbors a lot of power within our mindset. Often it holds hopes and dreams to act as a den or office, as a guest room for visiting family members and friends or perhaps as a play room for little ones.

But homebuyers come in all shapes, sizes and preferences. And plenty are not looking to add to our population numbers. Often they are professionals who have disposable income thanks to the absence of children and frequently they are looking for features that offer luxury and comfort.

Transforming that unused third bedroom into a grand spa bathroom complete with steam shower, heated floor, oversized tub and dressing space might be just the answer for childless buyers looking for a little self indulgence.

Not only will you get to enjoy the comfort of a luxury bathroom while living there, but when the time comes to sell, there will be plenty interested buyers who feel the same way.

There’s no need to let the myth of having a third bedroom get in your way, especially if you have upscale features that make up for the difference.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.