How Close Should You Live to Where You Work?
One of the things you cannot tell from looking at homes on the internet sites is how long it takes to get from that house to where you work. Does it matter? Depends. If you are single, or if you have children but your spouse is close by, maybe not. But if you are a parent who is expected to pick up a sick child or attend the school play, you will care A LOT. Or, if you are concerned about your “green footprint”, you might want to live near public transportation or within bicycling distance.
Many on-line sites now have the “walkability” index listed for each home. That is a measure of how many places someone usually needs to visit (grocery stores, theaters, restaurants, post offices, doctors’ offices) are within a distance reasonable to walk. And if there are sidewalks to walk on. This factor can not only make a homeowner’s life much more pleasant, but can affect the value of the home for the long term.
A recent study has found that homes near public transportation weathered the recent downturn significantly better than other homes. This is especially true here on the Main Line where many folks commute into Philadelphia every day. So how do you factor that in when looking for the perfect home? It needs to be near the top of your list. In my opinion, location, location, location means:
• on a non-busy road in an established neighborhood
• in a good school district
• near the train
• Buying a house involves consideration of more than just the features or style of the home-over the long term, the location can become more important than any of those things.
• Using an agent who has a good checklist of all the criteria is better than using one who just opens doors to the homes you think look good on-line.
• Proximity to transportation is becoming more and more important from a home-value point of view
• How close you live to where you work can become vitally important to you if you have children or are conscious of the costs and impacts of commuting.
To avoid these issues and others when buying a home, use the services of an experienced, trustworthy exclusive buyer’s agent. Sage Realty is one of the ONLY exclusive agencies in the Philadelphia metropolitan area. Use someone who cares first and foremost about what matters to YOU, the homebuyer. Contact Sage today.