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There are several factors to consider when you're deciding where to live. Whether you're considering a relocation for a job or just because there is still plenty of considerations to be had, below you'll find 11 factors to consider when deciding where to live. They are in no particular order and are all significantly important.
1. Affordability
Affordability is a significant factor to think about when deciding where to live. This term refers to the state of being cheap enough for a person to buy. However, this does not refer to just the price of the house. Consider the whole budget/finance picture when determining your affordability.
For Example:
- Utilities
- Any loan payments you might have
- Groceries
- Home maintenance/repairs
- Property taxes
Affordability is a huge factor that must be considered. Picture all of your anticipated expenses when you’re determining your affordability.
2. Employment Opportunities
Whether you're relocating due to a job or another reason, employment opportunities are important to consider.
A few things to keep in mind:
- Salary changes with location. Different regions have different standard salaries for jobs.
- Is there a need for your job in the desired location?
- Is there an education facility nearby if you want to accelerate your career?
3. Crime Rates
Crime rates and safety are essential factors to consider. Feeling safe and secure in your community can significantly impact overall and mental health. Crime rates are generally public information and can be found online. These statistics can also greatly impact the value of the property.
4. Climate
Considering the climate and what types of things you enjoy doing are essential. If you're someone who struggles with seasonal affective disorder, then choosing somewhere cloudy and rainy most of the time would not be a good idea. The weather can have a massive impact on life. It can affect commuting and be an indication of natural disasters.
5. Proximity To Friends And Family
Whether or not this is a factor is a personal decision. For example, if you're a person who spends a lot of time with loved ones, then that should be a factor to consider when deciding where to live. Perhaps, on the other hand, you are searching for space and distance from people, and again that would be an important factor to consider.
6. School System
The school system in the area is an important factor to consider when deciding where to live. Whether you have children, are planning for a family in the future, or don't want children ever, the quality and reputation of the local school system can greatly impact the property's value. Places with high rated and highly desired schools also tend to be higher in value. So, if you have children already, or are planning, the quality of the school system, how it's run, what other parents' say about it, and more can have a big impact on this decision.
7. Culture
Imagine your ideal environment. Knowing what kind of vibe you enjoy is important. If gathering and dining are a part of your culture, consider a location with plenty of eateries to explore. If solitude is more your feel, then the small town culture and lifestyle might be a better choice.
8. Public Transportation
Public transportation is a crucial factor to consider when deciding where to live. Many towns don't have public transportation, which means you're left to walk or drive. If you're someone who enjoys walking, then this might be good, but if you're someone who thrives in the hustle and bustle, then it might not be. Therefore, it's important to know the extent of the public transportation system, including details like the fees, the schedule, and more.
9. Healthcare
The healthcare system is a significant factor to consider. Though every person deserves easy access to affordable, high-quality health care, we know that doesn't happen everywhere. Some towns don't have a doctor's office, and some provinces don't have available doctors to take on new patients. So it's important to check out the healthcare system and ensure it can meet your needs.
A few things to consider:
- The number of hospitals nearby
- If you're in the retirement age bracket, will you be looking for a retirement home?
- Do you require seniors’ living place?
- How far away is the pharmacy?
10. City or Town
Do you want to live in a city or a town? Considering this is very important. Cities are rampant with streets lined with offices, shops, cafes and places of business. Towns are typically on the quieter side. Be aware of what you’re looking for.
11. Walkability
Considering the location's walkability is an important factor to think about when deciding where to live. If you're someone who walks as a means of transportation, then having sidewalks might be important to think about. Some communities close off streets to promote walking, and others invest in long walking trails for their citizens.