Given that many buyers are moving farther away from city centers to afford their first home, it’s important to consider the number of other vehicles that you’ll have to contend with when going to and from home to work.
According to Statista, there were 280 million cars on the road in the fourth quarter of 2020, which means that worsening traffic is a major consideration. Be sure to consider these three factors before purchasing a house with a commute.
1. How Much Will You Be Driving?
Depending on your personal responsibilities, you may have to spend a lot of time on the road, or you may barely have to drive at all.
When you’re trying to decide if a home is right for you, make sure that you think about how much time you will spend driving.
2. Take a Test Drive
You wouldn’t buy a car without taking a test drive, and you shouldn’t purchase a home without doing the same.
If you can take a day off work, drive to the property that you’re considering purchasing, and drive to your job during normal commute hours.
If you have kids to take to school, drive to their school first.
Do the same with church, shopping or any other route you frequently drive. Take note of how long it takes you to get around and decide if you’re okay with it day in and day out.
3. Know Yourself
Heavy traffic patterns make some people so nervous, anxious, angry or on edge that they’re unable to safely operate a vehicle. It’s important that you know your limitations.
If driving around a lot of other vehicles leaves you feeling agitated, consider purchasing a home that positions you to avoid worsening traffic patterns.
A colleague recently had a client who wanted to purchase a home that would add 15 minutes to her daily commute based solely on distance. He encouraged her to drive to the property early one morning and then drive to her place of employment.
While her phone said this trip would take 15 minutes longer, it actually resulted in 45 more minutes on the road due to the number of other vehicles she encountered. One drive revealed that the home wasn’t the right choice for her.
Bringing critical elements to light as clients go to purchase a home is just one way I help them through the complexity of making their first real estate investment.
If you want to go from renting to owning with clarity and confidence so that you can build wealth, control your environment, and enjoy the comforts of home, comment below or book a call.
About Diane Cohn
Diane Cohn runs a mastermind for anxious millennials who want to go from renting to owning with clarity and confidence so that they can build wealth, control their environment, and enjoy the comforts of home. A prior top-producing Realtor, real estate industry marketing executive, and housing market commentator on YouTube, she has profitably bought and sold property in every kind of market over 30+ years.