Housing Watch: Increase in interest for 2-bedroom homes in Fresno

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Thursday, November 24, 2022 3:02AM
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High home prices have some buyers now eyeing smaller properties they wouldn't have considered in the past.

FRESNO, Calif. (KFSN) -- A two-bedroom, fully renovated home in Fresno's Tower District has attracted plenty of buyer interest.

At 1,110 square feet, the Craftsman-style house lists for $249,000.

Gracelyn Martinez with Iron Key Real Estate says houses of this size aren't buyers' first choice.

But more people have been coming out to open houses to get a better feel for the available space.

"I think people that initially had that three-bedroom, two-bath in mind are now opening it up to, 'Okay, well we could get by with a single bath. We could get by with a two bedroom.'"

Martinez says many renters are taking a closer look at owning a two-bedroom home.

They have less space to clean but they're also easier to out-grow.

"Really, it just depends on their individual needs as a family," Martinez said. "If it's a single person, two bedrooms is more than enough. But if you've got several children, then of course it's going to feel a little tighter.

We're seeing more listings for two-bedroom homes.

Another two-bedroom also located in the Tower District on North Arthur lists for $299,000.

A two-bedroom, 840 square foot home is located on East Floradora near San Joaquin Memorial High. It lists for $233,000.

Martinez isn't surprised to see so many two-bedroom properties on the market based on conversations with her own sellers.

When it comes to selling down the road, realtors say it is tougher to sell a two-bedroom home because most buyers want at least three bedrooms.