Quote:
Originally Posted by brian_b
Looking around on real estate sites, you always come across listings that are combined units, so it must be fairly common. How much so?
Scouring Google, I find a number of articles that say it is a great idea and that the sum is worth more than the parts, but also an equal number of articles that say that it's the worst idea anyone has ever had.
Any thoughts?
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My parents bought the unit adjacent to ours and combined the two when I was in middle school, though this was in a true loft building where the residential walls separating units were a fairly new addition relative to the history of the building.
They seem to enjoy it, though they've never explored a sale so I couldn't comment on the economic impact. Now that they're empty nesters they use the second unit mostly as a huge master, and if they have guests staying the close the french doors separating the two units. They also have two kitchens, which isn't the most efficient use but is nice for hosting parties, etc. Plus the second fridge gets used almost entirely for beverages.
EDIT: There were others in our building who combined units in other ways, including a couple across the hall who were among the building's first residents. They had three units combined going straight up three floors. It was a pretty spectacular place.