“Location, location, location!” You’ve heard it before. In real estate, it’s a saying that means that there’s a lot of emphasis on where a property is located. A great location can make a property more desirable and valuable.
When you’re looking for your next home, you should also consider what your family values in terms of location. Think about things like amenities, walkability, and proximity to schools and work.
Consider these key factors in your search for the perfect location.
City or Country?
One of the first things you can decide on is the type of setting you’d like to live in. Does your family love lots of outdoor space, or do you live for the hustle and bustle of city living? Consider both your lifestyle and the cost of living in each scenario.
Neighbourhood Demographics
Your neighbourhood is a great place to make new friends, especially if you’re relocating from out of town. With that in mind, taking a little time to research neighbourhoods is a great way to learn about different areas. It’s also a fantastic idea to take a stroll in some of the neighbourhoods and get a sense of the place yourself. You can see who resides there and get a better understanding of the community. If you have a growing family, which neighbourhoods are popular with families? If you’re approaching retirement, which kind of community are you searching for?
Daily Routines & Commutes
Think about your day-to-day life. Is there a location that really enables you to have the most enjoyable life? For example, if you have a commute to work, is there a location that meets your needs and reduces your drive to work? Or is there a specific school you would prefer your children to attend? All of these factors can play a role in your decision-making process.
Your Social Circles
This may not be a daily “commute” but when choosing the perfect location for your next home, consider how far you want to be from your family and friends.
Crime Rates
If you’re not familiar with an area, checking out the crime rates in the neighbourhood you’re considering will give you a good idea of how safe you’ll feel compared to other areas.
Ask An Expert!
A real estate professional is a great resource for all things “location, location, location”. We live and breathe Kitchener-Waterloo real estate. Talk to us about your specific needs.
Happy house hunting!
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