Dreaming of a Luxury Home? Now's the Time!If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury
Before You Say Yes To The Commute
If your commute to work takes 25 minutes, congratulations – you’re average, according to a study by the United States Census Bureau. Commuting to work is a very real part of American life for lots of people, yet seldom considered when they’re shopping for a new home. The traffic in Denver is not rated as one of the worst in the country...yet but we all know there are certain roads and certain times of the day to avoid traffic.
Sure, it’s easy to get distracted by an amazing kitchen or an amazing backyard, but this is your opportunity to possibly cut the time it takes you to get to and from work. I have put together a few things you may want to consider as you choose your new neighborhood.
We think it’s a safe bet that not many homebuyers are seeking to increase their commute time to work. I cant say I have met with a client yet who says they want to move to increase their commute time. The more time we spend on the road, the less time we have to enjoy home and family. Keep in mind as you shop for your new neighborhood that gas prices aren’t as likely to decrease as they are to increase so the longer your commute, the higher your monthly gasoline expenses will be. New cars also dont always get the best gas mileage unless your purchasing one of those green cars.
So if you really want to know how long it will take you to get to work from a particular neighborhood, make the actual commute before committing to the purchase. I always tell my clients to drive it once in the morning and again in the evening even trying different routes back and forth to really feel how the drive will be.
Road conditions, freeways and highways
A freeway through a region actually has a positive impact on home values in the area, according to a study commissioned by the Arizona Department of Transportation. The study also found that homes adjacent to freeways are worth less than those further away. When deciding between neighborhoods, the home in a community with a freeway may hold its value better than the one in a freeway-less area, provided the home isn’t directly adjacent to the freeway, like some of those homes you might see backed up to I-25. against the fences.
Now if you plan on buying in a rural area, be mindful that weather events may impede your commute. To a buyer its still LOCATION LOCATION LOCATION.
If you don’t drive
If you utilize public transportation for your commute, the location of your home becomes an even more important factor. Check the walk score online to see how easily accessible the public transportation actually is. The proximity to the bus line, trains, light rails and other modes of public transportation should be considered carefully so you don’t end up with an even more horrendous commute. Ask your realtor if he or she knows of any public transportation lines or busses being added to different areas. I know just living in the Denver area if you want to utilize the RTD you want to even check the parking lots as some of them fill up quickly in the morning leaving you with no where to park. Also in Denver the city is expanding their light rail east and west and north and south. You can take the light rail all the way to the airport in Denver.
Chuck the commute
Working from home provides the ideal commute. There’s just nothing that compares to that short trek down the hallway to the home office in your pjs. If your employer offers a telecommute option, consider taking advantage of it, at least on a part-time basis. There’s a lot to consider when hunting for a house and location, because it has a direct impact on your quality of life, is one of the most important considerations.
If you have more questions about the light rail expanding in your area where you live or about looking for a home close to the light rail I am happy to answer any questions you may have. If you want to share tips and tricks of commuting in the Denver metro I would love to hear them. The prices of homes in Denver provide homeowners with a source of building equity so dont delay in thinking you may need a large downpayment to afford a home. I would love to talk to you today about your home buying needs and how I can best help you and educate you on the Denver area market.
Tatyana truly understands the dynamics of selling homes in the Denver Metro real estate market and is an expert at educating her clients so they can make the best and informed decisions for their need....
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