The Advantages of Buying a Bungalow in Peterborough

Article At A Glance:

• Great for any age group
• Less expensive to operate
• Less square footage to clean
• Easier exterior maintenance
• More privacy
• Opportunity for renovations
• Secondary suite potential
• High demand = high resale value

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Bungalows are rapidly growing more popular here in our Peterborough market, and here are some reasons why.

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They’re Great for Young Kids and Accessible for Seniors

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One of the biggest assets that a bungalow has to offer, is that it has way fewer stairs than a two-storey or a split-level home - which means it’s way less of a physically demanding space.

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You’re able to move throughout your kitchen, living, dining, bedroom and bathroom areas without a single stair.

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Stairs and kids don’t generally mix well, and older homeowners don’t really enjoy going up and down them anymore - so this makes bungalows stand out as the true forever home because you won’t need to leave it due to accessibility issues.

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Less Expensive to Heat and Cool

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When taking cost into consideration, heating and cooling a two-storey or multi-level home is going to be more expensive - specifically due to the general rule of heat rising and cool air sinking.

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Heating and cooling one level will make your wallet much happier, and you’ll find your furnace and AC working much less which also adds to longevity.

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Easier to Clean

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Whether you will be cleaning your home yourself or hiring some extra help to clean, less square footage means less hassle, and less expense - in both time and products.

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Typically, bungalows will have at least one less washroom due to the main floor bathroom doubling as the main washroom for the bedrooms, which means fewer toilets to clean.

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Also - have you seen how much dust stairs attract?! You can leave that frustration behind by owning a bungalow.

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Easier Exterior Maintenance

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Not only are bungalows easier to clean on the inside, but they’re easier to maintain on the outside.

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One storey means ground-level windows and siding, and the roof and eavestroughs aren’t such a mission to clean or check on when needed.

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Think about our harsh Canadian winters - who wants to be on the second storey hanging Christmas lights?

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Privacy

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Whether you're moving from a two storey or a condo, one thing we all yearn for is more privacy. Nobody wants to live in a fishbowl where everyone knows your every move.

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Because bungalows generally are built in and among other bungalows (with exceptions to that rule of course), it commonly means that you won’t have a two storey home overlooking your backyard, which means more privacy for you!

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Loads of Flexibility for Renovations

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One of the greatest things about bungalows is that they are incredibly flexible when it comes to renovations.

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Bungalows have fewer load-bearing walls within their design, so if you don’t like that wall - then pop it out, and boom - now you’ve got the open concept space you’ve always wanted.

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‍Secondary Suite and Income Potential

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Within the investor world, bungalows with separate access to the basement (with all of the other requirements of course) are becoming more and more favourable, especially in this Peterborough market!

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Not only are bungalows popular among renters, but secondary suites offer the opportunity to have a separate living area in the basement to help generate extra income if needed.

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Secondary suites are becoming increasingly popular with the higher price tags of single-family homes these days.

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High Demand Resale Values

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In Peterborough specifically, we have a population whose demand for bungalows will continue to grow. We live in a time when builders are not seeing the advantages of building bungalows versus multi-storey homes, making new bungalows harder to come by.

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The values of bungalows are continuing to hold strong in the market.

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Bungalows in Peterborough

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There are a lot of advantages to a one-level home, and we’re happy to tell you that Peterborough has tons of them!

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Because a large part of our population is at or over the age of retirement, we’ve got a lot more bungalows around than in your average city. You can find a good range of options when searching for bungalows, as there is a considerable mix between the age, size, price, and location of bungalows in town and the surrounding County.

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Thinking about buying a home in Peterborough?

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Working with us can save you loads of time, energy, and even money! Let us do all the heavy lifting and sifting through MLS. We can save you time and energy by setting you up on an automatic search that sends homes matching your exact criteria right to your inbox.

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When you're ready, we're here to help.

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Talk soon,

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Bailey

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