If you are planning on buying a new home, the location will likely play a factor in your decision. You might be looking for a place in a specific area for various reasons. We’ll go over the ten things that will help you choose the perfect location based on the thoughts and observations by realtors.
If you are looking for a real estate agent that helps with buyers, Teifke Real Estate might be able to help. Let’s take a look at the list of ten things that will help you find the perfect location.
1. The crime rate needs to be low
Everyone should feel safe in their own home. It’s no secret that people want to live in an area where crime is low. With that said, the perfect location can be whittled down to neighborhoods where you will feel much safer walking down the street at night.
It’s not just for your own personal safety, but also for your family as well. You want your kids to be safe while playing outside, not when there is ongoing criminal activity. You may find that there is a threshold for how much crime may be considered too much for certain areas.
That’s why you may want to check out any data provided online or your real estate agent regarding the neighborhood or homes you’re interested in moving in.
2. Is it a short commute from the office?
The shorter the commute, the better. Plus, it will also be a plus if you arrive at the office less stressed. Sure, there may be that jerk that will cut you off when you’re on your way to work.
But still, a short commute will give you fewer headaches. You won’t have to run into too much road construction, traffic jams, and other issues.
3. Is it close to good schools for children?
There is no question that your child’s education is important. It’s always a good idea to consider homes that are close to schools that are highly rated. A good school for your child will give you peace of mind knowing that they’re getting a good quality education.
If it’s close to home, you can be there in case you are called to pick up your child should they get sick. Your child can also safely walk to and from school.
4. Do you rely on mass transit?
If you use mass transit on a regular basis, the perfect location may be close to a bus or metro stop (depending on the city you’re in). The closer you are to those places, the better it may be for you. You’ll be in a specific place in a short amount of time.
You won’t have to drive as much. If the mass transit in your city is of good enough quality, you can use it to your advantage. It’s also a good idea to know that properties near mass transit might be more expensive because of this nice amenity.
As for how close you might need to be, some would want to be a five minute walk away from a bus stop. Others may not mind walking a few extra minutes. Either way, too far away from a bus stop may not be a good thing for most potential home buyers.
5. Know the home value you are comfortable with
The overall home value of a neighborhood may be enough to decide if the area itself is on your shortlist of must-live places. That will make a ton of sense if you’re looking to buy a house on a specific budget. If the home values are too high, you’ll eliminate that area from your list because you cannot afford it.
6. You may be staying for the long term
The location of the home may be great for those looking to stay for the long-term. They may have no plans to sell the home at any point. So you won’t get tired of it all because you’ll be happy with being close to certain points of interest.
Furthermore, you might love the neighborhood itself. You’re choosing a location that you love and would not trade it for anything else in the world. Choose wisely since you plan on living there for as long as possible.
7. Are you near any major highways?
If you and your family love taking day or weekend-long trips to major cities, it may be a plus to live a short drive away from major highways. That way, you can leave the driveway, hop on and get going.
You might be at the destination quickly (depending on the distance and speed limit). You might also be taking a job near a major city and may not mind a slightly longer commute. Which isn’t bad at all considering that home prices in a major city proper will be higher than in suburban areas.
Furthermore, you might also get a good idea of when to get out the door every morning. The highways may be a little congested due to rush hour traffic. Timing is everything when it comes to a lengthy commute.
8. Is it close to a major city?
As mentioned earlier, you might find it to be too much to purchase a home within the major city limits. So the suburbs might be your next best option. Next, you want to ask yourself how close it is to the major city itself?
You might find that if it’s less than a half hour’s drive away, that might be good enough for you. However, the closer you are to the major city, the more expensive the home prices may be. If you are looking to save a bit of money, going farther might be your best option.
9. Is the area thriving?
A thriving area may be desirable for those looking for a place to live. This might mean an increase in home values as the years go by. The location will be prime for more real estate development.
When the time comes to sell, you might sell it at a much higher price point compared to when you initially bought it.
10. Keep your options open
It may not be a smart idea to consider sticking to one specific location. You may find another that might check off your boxes. You may even have to sacrifice a few things in order to find a location that is good enough for you and your family.
Buying a house can be a challenge. You shouldn’t be dead set on that one house when you should have options.
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