You have to live somewhere, right! Many consumers opt for urban settings to be closer to the office, the downtown atmosphere, or because of the hustle and bustle it brings. Many others would prefer a more suburban setting away from the lights and hoopla. In fact, according to a realtor.com article, those looking for a home in a suburbia neighborhood have increased by 6.7% in the last year. Why the increase in neighborhood living?
While the list is nearly limitless, based on your specific desires and needs, below are 5 reasons why real estate buyers are actively seeking homes in neighborhoods to live, grow and raise a family in.
The Price is Right
No one wants to overpay, especially for housing. What we all want is excellent value for a reasonable price with an opportunity to make a profit when we eventually sell. According to the same realtor.com article the median size of a traditional style home in a suburban neighborhood is over 300 square feet larger (median of 1,540 square feet) with an extra bedroom than you typically find in an urban setting.
All things being equal, it is no wonder many are opting for more space to start raising a family. Whether it is the appeal of an extra room or the tranquility of subdivision living, you can get very good value for your hard earned dollars in a neighborhood setting.
Crime and Safety Concerns
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