3 location factors to consider when buying or renting a home
Category Newsletter: Article
Choosing your ideal home is largely based on a location suited to you that is centered on several factors including, safety and the close proximity to family members, places of employment, shopping centres and schools (for those with children). However, in addition to the above, there are less obvious factors that need to be considered in your decision-making process and this includes:
Distance between key transit nodes
When searching for your ideal neighbourhood choose one that is in close proximity to major highways or public transit nodes such as MyCiTi routes. This ensures easy commute to areas outside a neighbourhood which can include, retail and commercial precincts. The closer your neighbourhood is to highways and public transport nodes, the less time is spent stuck in traffic and this positively results in you spending more time enjoying your new home and its surrounding areas.
Future worth
Before buying a home, take an in-depth look at the average property values in the area, a task that your Coastal Property Group agent can assist you with. By determining this figure, you can decide whether or not investing in the area will be lucrative should you wish to sell in the future. A location will grow in value owing to significant developments in the pipeline or its natural amenities such as, its proximity to the coast. These factors are always a good place for property investments since its selling price will inflate in the years to come.
An extension of your lifestyle
There are many things you can change about a home once you buy it but you cannot change your neighbourhood. Therefore, it is imperative to decide what type of neighbourhood you would like to live in. Are you looking for a family-friendly suburb? Or one that is cosmopolitan and consistently evolving to meet modern needs? Choosing a location suited to your lifestyle will ensure peace of mind as the area will cater to all your needs and wants.
If you are looking for a home in Cape Town, Coastal Property Group will help you find one in your ideal location by considering every factor that is valuable to you.
Author: Coastal Property Group
