It’s not easy to move house. The process itself is long and administrative tasks are numerous, of course, but simply deciding where you’d like to move, and where in the world offers value for money is important.
The bigger a budget you have to work with, the harder the decision can be. This is because you have more options when you have more money to spend, and more chance to think of your home as a potential asset worth investing in.
But of course, as anyone who has ever purchase real estate knows, where you buy it is just as important as the house itself. This is why services that curate high end real estate options will usually attempt to make their portfolio worth within areas that are desirable to live in, and that reflect on the house price well from now into the future.
But how can you decide upon a location to live in, and what kind of decisions may influence your ‘yes or no’ approach? In this post, we’ll discuss insights to help you:
Schooling opportunities really do define where families may wish to set up for the long term. Having access to a local private school or being in the catchment area for a certain public school with great educational authority reports can make all the difference in the future of your child. This is often tied to the idea of well-being for our children, such as if the area is safe enough to allow your child to walk home from school each night without overbearing safety fears.
Commute times are also worth planning for when it comes to selecting a home to live in. No matter how luxurious the property you’re searching for is, you still need to travel, and we’re still bound by the same roads and distances as everyone else. For this reason, it might be that commute times are something you would happily pay to reduce. Even fifteen minutes of saved car travel a day may help you shave hours of otherwise “dead time” from your yearly routine. There’s no shame in holding such a necessity high in your list of priorities. For some, this is as valuable as the house itself.
It’s also good to consider the statistics in a given area and how they track with years past. Home valuations in a given location can be a good indicator of how well the set zone is doing, and what people are prepared to spend on certain properties within the area. If you’ve noticed that the value of the space seems to accrue year on year, that’s a good sign. Of course, low road traffic accident rates in the local area and a low crime rate can also be a tremendous indicator of worth, perhaps the best place for you to start a family with care.
With this advice, you’ll be able to use several factors to better plan for or at least consider a new area to move to.