Most people from the big city might at one time or another think about getting away from it all in a small town. Here are a few of the advantages of small communities, as well as a few of the drawbacks.
The most obvious benefit might be a lower asking price for a comparable home in a small community. Prices in the big city are based on a larger market demand, higher land costs, and many other factors. Small town home prices tend to be a little lower.
A lot can be said about small town values and friendliness. This factor alone will influence many people that look at homes in a smaller community. With smaller schools, less traffic and shorter walks to the playground, you might decide that a small community is a much better environment for your children.
If the town is predicted to be a future growth area, then buying a home here might mean that the value of your house will only go up. If the future growth of your property’s equity is a priority, then picking a home in an up and coming town can make sure you meet your goals. While this is more of a long term picture to look at, it is still a very important factor for many when they buy property.
If you are thinking about looking a little further into small town life, it might be worthwhile to visit a few communities. Taking a drive through a town can tell you a lot about it. Here are a few areas to check out.
For instance, make sure to check distances to and from major highways and city centers. What sort of houses are available in general? Are the town and yards tidy and well kept? How about school locations, fire department, ambulance or hospital, library and recreation centers? Is there a local police station?
I find small town life to be very rewarding, safe and peaceful. Others like to live in the big city. It is a matter of your priorities, and in many cases the location of your livelihood. If you need more information about a smaller community, ask a local real estate agent. Happy home hunting!