How much does a neighborhood or community influence homebuying decisions? Enough to make some people move from their current residence, according to a recent survey.
One in five homeowners across the county have moved from their home or would like to move because their neighborhood or community wasn’t an ideal fit for their lifestyle, according to a Better Homes and Gardens Real Estate survey. But does that really surprise you?
I know I wouldn’t even think about buying a home in a neighborhood that didn’t fit my specific lifestyle needs, so why would anyone else? I suppose some would say that affordability could influence a person to buy in a neighborhood that they didn’t find “ideal.” But if you’re just going to turn around put it back on the market, why even bother?
Sherry Chris, president and CEO of Better Homes and Gardens Real Estate, said, “While the relation of price to features has become very favorable in many areas throughout the country, ultimately the surrounding community may determine how happy you are with your home purchase.”
The survey found the following lifestyle choices were key for homebuyers:
- 38% – Ease of commuting by car
- 34% – Access to health and safety services
- 33% – Family-friendly neighborhood
- 32% – Availability of retail stores
- 21% – Access to cultural activities
- 19% – Public transportation access
- 18% – Nightlife and restaurant access
- 6% – Golf-friendly area – access to golf courses
