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Are Ranch Style Homes A Better Investment?

The ranch-style home has been around a long time with it’s origin going back to 1920’s but this style of home became extremely popular in the 1940’s carrying through the 1970’s.  Ranch-style homes are normally much wider than deep and feature open floor plans with a casual style.  Over time, as incomes increased, as did ground cost making the rather large footprint of a ranch more expensive since it needed a larger not to accommodate it, 1.5 and 2-story homes became increasingly popular.  Recently, it seems there has been somewhat of a resurgence in terms of interest in ranch-style homes by both aging baby-boomers looking for one-level living, as well as by millennial buyers looking for a more modest home.

Is a ranch style home a better investment?

With ranches having been around for so long and appealing to such a broad range of buyers, it makes you wonder as to whether a ranch-style home would be better from an investment standpoint?  With this in mind, I took at look at how ranches have appreciated versus 1.5 or 2 story homes and, as illustrated on the charts below, here is what I found:

  • Median price increase of ranch-style homes sold in St Charles County over past 5 years – 25.8% and for price per square foot – 28.3%
  • Median price increase of 1.5 and 2-story homes sold in St Charles County over past 5 years – 16.6% and for price per square foot – 23.6%
    • In St Charles County ranch style homes appreciated during the period 20.0% more than 1.5 and 2 story homes.
  • Median price increase of ranch-style homes sold in St Lous County over past 5 years – 39.5% and for price per square foot – 39.0%
  • Median price increase of 1.5 and 2-story homes sold in St Louis County over past 5 years – 7.8% and for price per square foot – 18.3%
    • In St Louis County ranch style homes appreciated during the period 113% more than 1.5 and 2 story homes.

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St Charles County 1 Story Home Prices – Past 5 Years

St Charles County 1 Story Home Prices - Past 5 Years

St Charles County 1.5 & 2-Story Home Prices – Past 5 Years

St Charles County 1.5 & 2-Story Home Prices - Past 5 Years

St Louis County 1 Story Home Prices – Past 5 Years

St Louis County 1 Story Home Prices - Past 5 Years

St Louis County 1.5 & 2-Story Home Prices – Past 5 Years

St Louis County 1.5 & 2-Story Home Prices - Past 5 Years

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