Home buyers often ask: “Is it better to buy a house in the suburbs or is investing in a home in the city the way to go?” As one of the top cash home buyers in Florida, we’re often asked this question by our prospective clients. In this post, we explain the pros and cons of suburban living so that you can make an informed decision if you’ve been considering moving to the burbs.
Suburban homes are not priced like homes in the city. In fact, buying a home in the city was insanely expensive pre pandemic, as everyone wanted to be in the center of the action. But the pandemic changed all that. As social distancing became common, homeowners began to prefer suburban properties, as these were away from the crowds and the hustle and bustle of cities.
Before we discuss the pros and cons of suburban living, let’s first explore the differences between suburban and city living.
Suburban Vs. City Living: What’s The Difference
Suburban living brings images of large, single-family homes with yards, garages, and white picket fences. On the other hand, city living conjures images of congested apartment complexes, tall buildings, traffic congestion, and tons of people.
For the most part, a suburb is a large residential community that’s located on a city’s outskirts. On the other hand, cities are busy hubs for commercial activities, though residential activities still take place here. The biggest difference is the availability of space. Suburban homes are spread out and have much more room, while city residential communities are clustered usually around tall skyscrapers.
How Is The Real Estate Market In The Suburbs?
Florida is one of the hottest real estate markets in the country, in large part because of its suburbs. Residents and businesses from urban areas like New York flock to the sunshine state. While rising home prices might be bad for first-time home buyers, it’s an advantage for home sellers. If you’re looking to sell a house fast in Florida, 2022 is your year. With the massive demand for homes—both in city centers and suburbs—you can make a killing by selling your Florida home this year.
Reasons For Buying A House In The Suburbs
If you’re contemplating a move to the suburbs, here are a few reasons why people move to the suburbs:
- Access to better schools in the neighborhood.
- More land and more privacy.
- A well-maintained and safe environment for raising kids.
- You can find homes with specific amenities like a pool, a home office, or a large yard.
- Lower crime rate and more safety.
- Less noise when compared to cities.
- A sense of belonging and community.
Reasons Against Buying A House In The Suburbs
Despite the advantages, there are a few reasons why a home in the suburbs might not be the right choice for you:
- Public transportation is unreliable; you need a car to get around.
- Job opportunities are limited; that said, remote working makes it possible for you to live in the suburbs while working at a city office.
- The pace of life is slower in the suburbs—it can get boring, especially if you’re looking for a vibrant nightlife and other entertainment.
Wrapping Up: Should You Move To The Suburbs?
There’s no right or wrong answer. It all depends on your lifestyle preferences and what you’re looking for in your next home. Suburban homes are a better choice if you value privacy, peace, safety, and space. However, if you want to remain close to entertainment zones, restaurants, nightlife, and other activities, you should look for a city apartment to be your next home.
