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With the price of homes currently low and government programs for new home buyers, many people are considering purchasing a new home. A big decision for most buyers will be whether to purchase a new home in the city or the suburbs. Here are a few points to consider when making that decision:
1) Where do you work and how long are you willing to commute? If you work in the city and live in the city, you may only have a 15 minute commute. If you work in the city and live in the suburbs, you may have a 30 minute to 1 hour commute each way.
2) Do you have school aged children? Inner city schools are not always a great educational option, so many homeowners in the city pay thousands of dollars per year, if not tens of thousands of dollars, to send their children to private school. Public schools in the suburbs have usually proven the quality of their education with higher test scores and more resources for kids.
3) Homes in the city cost more money for less home than homes in the suburbs. Suburban homes are often cookie cutter, but they are large, more energy efficient, and have many amenities.
4) There are not many options for public transportation in the suburbs. Even if you do not rely on public transportation, any home helpers you have may rely on public transportation.
5) Do you mind noise and traffic? Cities are often congested with many people and many cars. In the suburbs, many of the homeowners are stay-at-home moms who shop during the day, so stores and streets are less congested in the evenings and on the weekends.
If you have information about interior design, interior decoration, new products, design events, or other related items that you would like to share, email me at kerry@fletcherdesignconsultants.com with a subject line of "examiner".
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