But more often than not, we do not really know what these housing options mean. We are familiar with them because we have heard them being used a lot, especially by people in the real estate sector.
Anyone in the real estate sector and homeowners in general needs to know what these housing options mean and be able to distinguish them from each other.
This is why in this article we will be looking at a housing option that is quite popular, a five-bedroom duplex.
We will be discussing everything you need to know about a five-bedroom duplex, including its features, benefits, and potential drawbacks.
What Is A Five Bedroom Duplex?
A five-bedroom duplex is a type of house that is built on two floors, and has five bedrooms in total, as implied.
Duplexes are typically able to accommodate a large family or multiple families because of the way it is designed. It is perfect for people who want a spacious living area.
The five-bedroom duplex is a popular choice for large families, as it provides plenty of living space and bedrooms for everyone.
This type of housing is frequently found in metropolitan settings where there is a lack of room, it is an effective way to manage space without compromising comfort.
Also read: Cost of Roofing A 4-Bedroom Flat In Nigeria
The layout of a five-bedroom duplex is similar to that of a single-family home, with similar features like a living room and kitchen.
However, a five-bedroom duplex has more bedrooms than a single-family home, it could also have extra rooms like a study, a second living room, or a storage room, depending on the size of the house.
Features of a Five-bedroom Duplex
While the features of a five-bedroom duplex will vary depending on size and preference, some features are typically found in a 5 bedroom duplex.
Some of these features include:
1. Two floors
A duplex is a house with two floors and the five-bedroom duplex is no exception. This type of house typically has two floors, with the bedrooms located on the upper floor and the living areas on the lower floor.
2. Five bedrooms
As the name suggests, a five-bedroom duplex has five bedrooms in total, which can accommodate a large family or multiple individuals.
The bedrooms are typically located on the upper level of the house. Each bedroom is designed to be spacious and comfortable, with ample room for a bed, wardrobe, and other furniture.
This is the major contributor to the benefits of getting a five-bedroom duplex. It allows everyone to have their own space, thereby creating a conducive and comfortable living condition for all residents.
3. Living room
The living room is usually located on the ground floor, and it is designed to be a communal space where family members can relax and socialize.
The living room in a five-bedroom duplex is usually spacious and elegant, with high ceilings, large windows, and plenty of natural light.
It is the perfect place to entertain guests, watch movies, or spend time with family.
4. Dining room
A five-bedroom duplex typically has a formal dining room, which is separate from the living room.
The dining room is usually located near the kitchen and is designed to accommodate a large dining table and chairs.
The kitchen is typically located on the ground floor, and it is equipped with modern appliances and ample storage space.
It may also have a pantry, breakfast bar, and other features to make cooking and entertaining easier.
A five-bedroom duplex typically has multiple bathrooms, usually three or more bathrooms, with at least one bathroom located on each floor.
The bathrooms may include a master bathroom, a guest bathroom, and a shared family bathroom.
The bathrooms are typically fitted with high-quality fixtures and finishes, including granite countertops, premium tiles, and designer fittings.
7. Storage space
Five-bedroom duplexes typically have plenty of storage space, with built-in closets and other storage solutions.
Some houses even have a whole room for storage purposes. There are also other additional storage spaces like a garage or an attic.
8. Outdoor space
Five-bedroom duplexes usually have outdoor spaces like a backyard, patio, or balcony, which can be used for outdoor entertaining, gardening, or relaxation. The amount of outdoor space varies depending on space.
A five-bedroom duplex usually has a garage or carport, which provides secure parking for one or more vehicles.
Benefits of a Five-bedroom duplex
- Plenty of space: A five-bedroom duplex provides plenty of living space for a large family or multiple individuals.
- Privacy: Duplexes are designed to accommodate multiple families, so even if you share the building with another family each unit would have its own private entrance, which provides privacy for each family.
- Rental income: If you own a five-bedroom duplex, you can rent out bedrooms that are not in use to generate additional income.
- Increased property value: Duplexes are usually more valuable than single-family homes, which means that a five-bedroom duplex can be a good investment.
- Comfort: A five-bedroom duplex usually comes with spacious living areas and bedrooms, which provide comfort and luxury to the occupants.
- Flexibility: A five-bedroom duplex provides flexibility in terms of living arrangements. For instance, a family can choose to use one of the rooms as a playroom or convert it into a home gym. The extra space also allows for a change in living arrangements as family needs change over time.
Disadvantages of a Five-bedroom Duplex
While living in a five-bedroom duplex has its advantages, there are also some potential disadvantages that you should consider before making a decision to buy or rent a five-bedroom duplex.
- Maintenance: A five-bedroom duplex will require a lot more maintenance and upkeep since it is a big house with a lot of space. In order to keep the place in good shape the house requires regular maintenance and upkeep, which can be time-consuming and sometimes expensive.
- Noise: In a situation whereby multiple families or individuals live in a five-bedroom duplex, it is likely that noise from one unit will get into the other. This can be a problem if the other unit is occupied by noisy tenants.
- Cost: Five-bedroom duplexes do not come cheap. They are typically more expensive than single-family homes, which can be a barrier for some buyers.
- Higher utility bills: A larger house means higher utility bills. A five-bedroom duplex may require more energy to heat or cool, resulting in higher electricity and gas bills.
- Increased property taxes: A larger home typically comes with higher property taxes, which can add up over time.
Ideas For An Extra Room In A Five Bedroom Duplex
1. Goumet Kitchen
If your house has an extra room, you could go all out with the kitchen. You could create a fine-dining kitchen appropriate for a celebrity chef and customized around your area of expertise.
Imagine having the kitchen of your dreams, complete with brand-new, gleaming stainless steel appliances, lots of counter space, and a bottomless pantry full of ingredients, pots, pans, and all the tools you could ever need at the touch of a button.
Include a kitchen island with plenty of cupboards and drawers for rolling storage, as well as a cleanable countertop.
Include cooktop equipment and accouterments like countertop steamers, warming trays, and frying stations. You’re now prepared for some enjoyable tasks and culinary difficulties.
2. Home Office
Some homeowners choose a five-bedroom duplex, knowing fully well that they won’t need that many rooms to guarantee room for certain demands from the start.
This extra room can be used as a specialized office space. If you work from home, creating a comfortable workspace can make work a bit less tiring.
Having a dedicated space to work in can help you stay focused and limit distractions. This can lead to increased productivity and efficiency in your work.
It can help you physically separate yourself from work when it’s time to relax, spend time with family, or pursue other interests. This can help you maintain a healthy work-life balance.
You can be creative in creating a smart and cozy home office. Instead of a boring office, you can personalize the space and create an office you would love to work in.
3. Private Gym
It might be time to start the fitness journey you’ve been talking about. If you have an extra room in your five-bedroom duplex, creating a private gym is not a bad idea.
It may be a bit expensive to set up, but you can start with basic exercise equipment and go up from there.
With a private gym in your home, you no longer have to commute to a gym, which can save you time and money in the long run.
You can work out at any time that suits your schedule, without worrying about gym hours or crowds.
It also allows you to exercise in the privacy of your own home, which can help you feel more comfortable and confident, especially if you feel self-conscious about working out in public.
4. Game Or Recreational Room
If you have an extra room, you can consider making a space where you and your family can have some fun.
A room designated for games and fun. It creates a space perfect for hosting friends for card and pool game nights.
You can even put in a foosball table, ping-pong table, billiard table, or even a video game console.
One of the biggest benefits of creating a game room is that you can customize it to your liking.
You can decorate it with your favorite game-themed posters, set up shelves to store your board games or video games, and install custom lighting to create a unique ambiance.
Furnish the room with soft sofas and chairs so you and your guests can unwind and enjoy all the excitement.
5. Formal Dining Room
Why do you need a separate dining room if your kitchen is open and has a breakfast nook and an eat-in kitchen island?
Tradition, way of life, and preference are key factors. Some recall large family gatherings for Thanksgiving, Christmas, and other holidays that took place in formal dining rooms.
Long-lasting recollections include clearly remembering how to decorate and arrange the table, bringing food from the kitchen to the dining room, and listening to all the family tales.
Even though homes may be modern or contemporary on the inside and out, some families prefer to preserve a more traditional aspect of their living space: the custom of hosting formal gatherings for holidays and other special occasions in a separate dining room.
If you have an extra room in your five-bedroom duplex, then making a formal dining room isn’t a bad idea.
6. Guest Suite
With five or more bedrooms, a home’s adaptability allows owners to readily arrange for unforeseen living scenarios.
If you have an extra room in your five-bedroom duplex, you can make it into a guest suite.
One of the primary benefits of having a guest room is that you can accommodate guests when they visit.
This can be especially beneficial if you have family or friends who live far away and come to visit for extended periods.
The larger house makes it possible for an elderly parent, in-law, or visitor to relocate while preserving their independence.
The guest room would have a closet and a private bathroom giving your guests their own space to relax and unwind. This can provide them with the privacy they need to feel comfortable in your home.
Having a guest room can also provide flexibility when it comes to accommodating different types of guests.
For example, if you have an elderly guest, you can create a room that is easily accessible and accommodating to their needs.
Things To Consider Before Buying A Five-Bedroom Duplex
Location is always important when it comes to real estate. Before you buy a five-bedroom duplex, you should do adequate research on the neighborhood.
You might also consider enlisting the help of a real estate agent, as buying a five-bedroom duplex is a significant investment, and you would not want to end up spending a large amount of money on the wrong house.
You should also consider the fact that not all neighborhoods permit multifamily housing—any dwelling other than a single-family home—which could severely restrict your options for suitable neighborhoods.
While suburban areas tend to have single-family homes or townhouses, urban areas frequently have more multifamily housing units.
If you are considering making your five-bedroom duplex into a multi-family home, this is an important factor to consider.
Consider whether the area you choose will be well-liked by prospective tenants as well as by you and your family before making a purchase.
If you purchase a house in a less desirable part of town, you might find it harder to find good tenants, and you won’t have as many conveniences nearby.
Buying a five-bedroom duplex is no small feat, it requires a large amount of financing, so one of the major things to consider before you buy a five-bedroom duplex is how you are going to finance it.
You might encounter different challenges when looking for financing for a five-bedroom duplex home from mortgage lenders.
Although you can use the potential rental income to your advantage, you will still need to have good credit, a low debt-to-income (DTI) ratio, and a larger down payment—typically 25% or more with multifamily housing—to be approved for the purchase.
Banks are aware that tenants may quit and that you would be required to cover the entire mortgage payment until you locate a new tenant.
If you decide to become a landlord, your tax return will become slightly more complicated, so this is something you might want to consider before you buy a five-bedroom duplex.
You should read Publication 527 of the IRS, which is an entire publication devoted to the regulations governing residential rental property, to ensure that you don’t break any of them and stay out of trouble with the IRS.
Depreciation, reporting requirements, rental revenue, expenses, and even guidelines for the personal use of the property are all covered in separate chapters.
Additionally, you must include Schedule E, also known as “Supplemental Income and Loss,” in its entirety with your tax filing.
Tax benefits do exist, though, such as the ability to deduct expenses from your rental revenue.
Frequently Asked Questions
What Is the Difference Between A Single-Family And A Multi-Family Home?
A single-family home, sometimes known as a one-family home, is just one dwelling constructed for single-family living.
A multi-family house, on the other hand, is a structure that has two or more livable apartments.
A single-family home will have one kitchen, while a multi-family home will have a kitchen in each residence.
Should I Buy A Five-Bedroom Duplex?
Whether to buy a house or not depends on several factors and is dependent on personal preference.
There are a lot of benefits and disadvantages to owning a five-bedroom duplex, and if you are on the fence about whether to buy this house, looking at those can help you make a decision.
In conclusion, five-bedroom duplexes come with a lot of benefits. They provide a perfect blend of space, luxury, and comfort, making it an excellent choice for many people.
If you are house hunting, why not give this housing type a chance, it might just be right for you.