Our Real Estate Blog
If you want to buy a home, the chances are that you are either buying it for a lifestyle upgrade, for business, as an investment, or for family use. Having decided to purchase the home of your choice, one of the significant decisions you have to make is to determine where you want to live.
The location of your property has a significant influence on the future value of your investment as well as most aspects of your daily living. Various factors will influence your choice of location when buying a house. This article is dedicated to finding those factors and the influence they have on your options.
1. Where in the Country You Choose to Live
Anywhere you want to live will affect your lifestyle especially if you plan to stay in your new home for a long time. Still, you need to look at some variables that are most important such as the median home prices, soft infrastructural amenities – healthcare services, entertainment, nearby shopping areas, and others.
2. The Kind of Neighborhood it's in
Any particular city has different areas, and each area has its own unique characteristics. So, you will want to choose an environment that fits your lifestyle and personality preferences. This should be a place you will feel comfortable and live in peace with your neighbors.Your kids and the schools they attend will have to form the basis of your choice. The neighborhood you are going to choose has to have facilities that support child development, sportsmanship, and cohabitation. Also, you need to check whether the neighborhood is at the risk of natural disasters such as floods and fire outbreaks. Some districts have incidences of repeated flooding and others wildfire. So ensure you choose well to mitigate against these risks.
3. Safety has to be a Top Priority
This is the security of both life and belongings. An area with low incidences of crime and robbery are often more costly places to live. On the other hand, you will pay less to live in less-secured places and compensate for the lower price with fear, theft, and the likes. Unfortunately, if you are in areas of low security, you might be forced to resell your home.
If you buy a home in the safest area you can afford, you will live all your life enjoying peace of mind. In fact, safety should be your number one factor or topmost factor to consider when looking for a property to buy.
There are many other factors to think about such as proximity to friends and family members, leisure activities, workplace, and other factors. Having narrowed down these factors, it is time to take that bold step of buying a home of your choice. So, go for the best, you deserve it.
House hunting in your hometown can lead to a false sense of confidence. Knowing the lay of the land, best routes to commute and the quality of schools are all advantages. Yet, these can lead to assumptions which may cause you to miss out on hidden gems. Existing houses that have not been on the market in several decades and new land development could be just what you never knew you wanted. When looking at the housing inventory that is available online mapping what is for sale is only part of the story. An area once undesirable can now become that up and coming place to live.
The decision to stay within a particular geographic area can make moving a little less stressful. House-seekers can keep shopping at the usual grocery stores and also continue to use the same services (barber, dry cleaner, florist, etc.). School-aged children may be able to stay at their current schools. You can easily predict the commute time with accuracy. Making house hunting in familiar surroundings a creative adventure.
With some of the aging population looking to downsize, a family could find the square footage that fits their needs in a property still owned by the original purchasers. These houses may be in older established neighborhoods off the beaten path. Roads that as a local, homebuyers have not needed to travel through. In other words, a hidden gem in your hometown.
New construction and planned developments can give a home buyer more updated options and conveniences. Plus, a built-in lifestyle layout within a neighborhood; many buyers like the idea of staying within a certain distance to their hometown stomping grounds. Keeping social ties and services that they know and enjoy. New, but familiar, with upgrades, can attract those buyers wanting a move in ready property.
With so many areas tight on available housing, buyers can put creativity to work to find the best house for their family. Knowing what kind of layout your family needs to navigate daily life is one thing to consider. Another is the neighborhood and how it functions. Common play areas or cul-de-sacs can be helpful for families with active kids. Pet-friendly neighborhoods and fenced yards that are good sized can really provide a quality of life for home buyers. Revitalized neighborhoods can provide hometown options in previously overlooked areas. A completely remodeled house or one needing a few updates can provide a buyer with the opportunity to enjoy customization in a locale that keeps them local.
When hometown house hunting, you may enjoy formerly undiscovered treasures right in their own “backyard.” When ready to start the house hunting, ask your real estate professional about off-market homes in older neighborhoods.