Don’t Forget the Commute
Some home buyers consider purchasing a home that is less expensive but farther away from work. In particular, people who work in an urban area sometimes consider living outside the city, where housing costs a little less.
Is that a good option? It depends, to some extent, on the cost of commuting.
People often underestimate commuting expenses when they consider buying in a particular neighbourhood. Knowing these costs is important if you want to make a smart, informed decision.
For example, there are many expenses associated with a 45-minute commute to work: gas, wear and tear on the vehicle, insurance, parking, etc. There’s also value to the lost time – almost seven hours a week spent in the car.
If you find a home that you love, and have considered the commuting time and expenses, you might find that it makes sense to purchase a home in the suburbs. Lots of people commute and find ways to make the experience pleasant.
As with all aspects of a home purchase, having all the information is key. So, make sure you know the true cost of commuting so you can make the right decision for you and your family.
Is that a good option? It depends, to some extent, on the cost of commuting.
People often underestimate commuting expenses when they consider buying in a particular neighbourhood. Knowing these costs is important if you want to make a smart, informed decision.
For example, there are many expenses associated with a 45-minute commute to work: gas, wear and tear on the vehicle, insurance, parking, etc. There’s also value to the lost time – almost seven hours a week spent in the car.
If you find a home that you love, and have considered the commuting time and expenses, you might find that it makes sense to purchase a home in the suburbs. Lots of people commute and find ways to make the experience pleasant.
As with all aspects of a home purchase, having all the information is key. So, make sure you know the true cost of commuting so you can make the right decision for you and your family.
GTAREALSTAR from Royal Canadian Realty Brokerage is a real estate Brokerage company based in Ontario, Canada. The well-established company has many years of outstanding experience in the Real estate Industry. The company focuses on being the "straight talking property people" offering a completely jargon free service. GTAREALSTAR use the latest software solutions to improve their service to their customers on a daily basis. GTAREALSTAR offers online access to website twenty-four hours a day, they even offer electronic signing. The company offers sales and rentals combined with first class service and support. Call Naveen Vadlamudi @ 416-837-9696.
Never too late to find your dream home. For available properties, visit http://www.gtarealstar.com. Call Naveen Vadlamudi @ 416-837-9696 Now.
Never too late to find your dream home. For available properties, visit http://www.gtarealstar.com. Call Naveen Vadlamudi @ 416-837-9696 Now.
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