If you are a real estate investor or are planning to purchase a new home, you will need a house estimate to get a better idea of how much you can expect to pay. There are a few misconceptions about how to calculate a house estimate that can make the process difficult.

Building a two-story house is cheaper per square foot than a single-story house

Building a two-story house is more cost effective than building a single-story home. In fact, many home builders prefer the two-story house design.

Two-story homes offer more design options and space utilization. The second floor can be used for a larger kitchen and living room. Some of these houses also have a bonus room on the second floor. This may provide additional space for a family with kids. Guests can stay overnight without having to worry about waking up tired parents.

Another benefit of two-story homes is that they tend to require less energy. Since they are higher than wide, they have less area to heat. However, two-story homes can also be more expensive. They may require more materials for the roof, floor, and foundation.

Building a two-story house is not easy. It takes many different decisions. You have to choose a floor plan, size and layout, and decide on the best features and amenities for your new home.

Single-story homes are simpler to build. They are also smaller. Depending on your personal taste and neighborhood, a single-story home may be the right option.

One of the biggest factors in building a new home is the size of the land. If you have a large lot, a sprawling ranch style house might be the best fit for you. On the other hand, if you have a small lot, a box home might be the best choice.

Errors in property tax cards can impact assessed value

This isn’t a review of the property taxes you shell out on a daily basis. But the time honored tradition isn’t without its fair share of red tape. The good news is that a little legwork on your part can go a long way. For starters, a quick search on craigslist or your local Craigslist will put you in touch with hundreds of local property appraisers looking to up their game. And, the best part is that the majority of these aficionados are a tad more than sane, which means the property trolls are left in the dust. Keeping a close eye on your property tax statements and property appraisals will go a long way to reducing the dreaded monthly or weekly tetching, not to mention the hassles associated with negotiating those pesky leases.