Over time, we’ve seen shifts in what homebuyers look for. For many years, a large percentage of homebuyers were moving from the suburbs to urban centers, but the current events that have impacted metropolitan areas have reversed that trend. Homebuyers are now looking to move from the uncertainty of the city to the relative calm of the suburbs.
If you are looking to move to the suburbs, many things should be considered. Here we will discuss some of the many aspects of suburban living:
Transportation Is a Must
In comparison to a densely-populated city, the suburbs have a lot more space to work with. This means that many services that might have been within walking distance can now only be reached by car.
It is important to consider transportation and the costs associated with it when moving to the suburbs. More often than not, you will need to purchase a vehicle or other means of transport in order to get around. Whether it is your daily commute or a grocery store visit, transportation will become an essential aspect of your everyday living when moving to the suburbs.
Adjusting Your Schedule
Most cities have businesses and services that are open on a 24-hour basis — so you will discover that the suburbs operate quite differently. Most companies in suburban areas have set hours, typically 9 to 5. When moving from the city, you should consider the changes needed to your personal and professional schedule.
Balancing the Budget
A high cost of living is commonly associated with living in a city, yet the suburbs have their own hidden expenses. Remember, suburban living has many financial hurdles to overcome, and some significant costs you should take into consideration are:
- Property taxes: Property tax costs vary greatly throughout the country. It is vital to research property taxes BEFORE purchasing a home in the suburbs.
- Car, insurance, maintenance, and gas: As previously mentioned, transportation is a must when moving to the suburbs. You will need to budget your money in expectation of buying a car if you do not already have one, as well as car insurance, maintenance, and fuel to drive longer distances.
- Utility bills and home maintenance: Whether you are purchasing or renting your home, these costs should always be factored in when moving to a suburban location.
A Rewarding Experience
Moving to the suburbs can be a rewarding experience, but a homebuyer must realize that moving to a suburban area will require them to make changes to their daily lives. If you can successfully overcome those challenges, the suburbs offer a safe, healthy and open space to enjoy your new home.
Built on experience and integrity, The Milano Team is here to help. Our realtors will take the time to understand your needs and expectations, and we will make every effort to assist you in purchasing your dream home. For more information, contact us today!
