Regent Homes Blog

4 Factors to Consider When Deciding a Location for Your New Home

Posted by: Regent Homes, on April 17, 2014

Image of new home

Building your own home isn’t just about building the actual structure. It’s about choosing the right location for you and your family to live. In order to help you truly fall in love with your home – and stay in love – you need to consider all of the factors involved. How will your house fit your lifestyle? How will it fit your career and family needs? How close is it to recreational activities? When building your home, make sure you consider these four things:

Location Location Location

Of course you have to think about where you’ll build your new home, but you need to understand exactly where that location is. Think about the location of your home on several levels, such as the part of the country you wish to live in, or whether you want to be close to any major cities. Think about the availability of transportation like nearby highways, bus routes, or access to airports. Also be sure to consider the nature of the location, and whether it is more rural, suburban, or urban. And most importantly, think about the proximity to the other parts of your life: school, work, and family.

Taxes Are Certain

Like it or not, a portion of your monthly mortgage payment accounts for local taxes. Be sure to research the exact location – i.e. your potential address – and what city, township, or municipality it would be part of. Sometimes, a few blocks in either direction might be the difference of $1,000 or more in annual taxes.

School Districts 

If you have a family or are planning to start one, you should research area schools. Understand which school district your home would be part of. Look up ratings and scores on the school’s performance, and don’t forget to look at all grades, from preschool through high school. Research options for private schools as well. Be sure to explore transportation to school, and whether your children could walk or would take the bus.

Safety First

Your home should always be a safe place for you, so first and foremost look into the safety of your potential neighborhood. You can look up police reports and crime statistics for the neighborhood, and even track changes over the years. Also research the proximity of your home to health and safety services like police stations, fire departments, and hospitals. Even the proximity to fire hydrants can affect your homeowner’s insurance rates.

If you’re building your own new home, you’re in it for the long haul. You want to make sure the home you’re creating will be perfect for you in every way. By researching potential locations, tax rates, safety, and school districts you can be sure it’s truly your dream home.

Categories: Custom Homes, New Home Owner Resources