“Two is better than one,” as the saying goes. The same is true for the modern real estate market. Having two master bedrooms is better than having just one because large families, young couples, and even business professionals are finding more ways to utilize their residential space.
You can customize your space to fit a variety of needs. Master bedrooms aren’t just for sleeping and they don’t even have to be attached to the main house. For example, in Miami there is a trend of building separate cottage-style master bedrooms to support extended family members. You might want to consider this option if you have elderly parents. According to the Metropolitan Life Insurance Company (MetLife), assisted living costs for senior citizens rose to approximately +$4,000 a month in 2016. You could save a lot of money by including a separate master bedroom for your parents.
Learn and Grow
Young couples are also taking advantage of additional master bedrooms for their growing families. If you have small children in the house, a larger space could make your life a great deal easier. Children need room to play and grow, so an additional master suite could double as a playroom or learning center. This is a great option if you decide to home school your kids.
The Kids Are Back
As the cost of living skyrockets, older children are often returning home after college. A Pew Research poll conducted in 2016 found that 15% of young adults return home from college to live in their parents’ home. They are saddled with student loan debts and are having trouble finding full-time jobs in their fields of study. Your college-aged children might need to come back home for a few months or even a few years. Having two master bedrooms can give your young adult offspring the feeling of independence without being crammed in a small space. Add an en suite bathroom and kitchenette and they are sure to stay out of your hair.
Work From Home
Another great use of additional master bedrooms is to provide an office space in the home. You can install high-speed internet with modern office furniture and never miss a beat. Stay close to your family and save money on commuting to and from the city. The average size of a master bedroom is about the equivalent of a standard business office. A home office can accommodate a variety of business professionals, from accountants and entrepreneurs, to legal consultants and medical practitioners.
The advantages of building extra master bedrooms far outweigh the costs. Your house is more than just a residence, it’s an investment! So make the most of your space by utilizing its fullest potential.