Station Park | 18, 28, 36, 40, 50 fl | U/C

[danbrotherston]

  
Need?  Probably more of a practical want for families with 1+ kids, family members/visitors from out of town, etc.  Kind of like having more than one bathroom - comes in handy sometimes.

Yes, handy sometimes. But how many families would pay another $100K (or whatever) for that rarely-used space?

Our building, like most others, has one 1BR and 2BR units. And yet we do have families with kids living here. Even ones with multiple kids.

For families with multiple kids, I see the desire for a third bedroom. (Yes, I shared a bedroom with my brother until I was 15, but it's not the same world today.) But many families have only one child, and my point was that not all of those need a three-bedroom unit.

The answer is most. In fact for 100k it would be a bargain. You'll note most families buy a house with more space than they strictly need.