This is the perspective of real estate professionals in general, but it is the perspective of an individual who has lived and worked in Canada for nearly 20 years.
I see more and more Canadians working from home, which is a flexible activity that allows you to live wherever you want. Don't be tied to a desk when you're in the big city (and red roses).
Should we think about moving to a small city or small town so that we can have a higher housing affordability? However, every decision has its priorities and disadvantages.
Let's consider together whether to decide to leave a big city to go with a smaller community.
If you're looking for a home that's valuable but doesn't need to spend a lot of money, you'll probably be more likely to find it in a smaller city or rural area. Limited like Fraiser Valey, Surrey, Langley Just look at median house prices in Vancouver and you'll see the appeal of a smaller town. Faced with many newcomers to Canada today, home owners in the urban centers are really their foresight.
The pandemic has caused many people to leave small homes. You will probably be looking for apartments with more space, you will even be looking for a large house in a smaller city or even a suburb.
Another plus for houses in far-flung cities or small towns are often less expensive than a house in a big city, it allows you to invest more money in other things, such as Renovating, raising kids, even traveling or beyond, you'll save for the future. Especially on a day not far away, maybe a small town, it turns back into a big city center. Maybe you or you have a home of value that you never imagined. So you don't feel shy when investing in real estate.
Am I right to say that?
Please let you are enjoy more than from the house of your main.
With a larger home, you will be able to do more with this space, You will be able to start by building a small family home, add a home office or gym and have a patio to enjoy more time outside.
Another plus point that I find quite optimistic for friends whose lives are too busy to be stressful. When you're in the suburbs, small towns, or rural areas that are typically less populated, you'll have more access to nature, forests, parks, and protected areas. You'll also have more access to the lands, you can enjoy outdoor living spaces, including patios, patios, trees and maybe even you build your own activity profile. So why not?
In a big city, you have more leisure options but usually have to travel to experience nature. Why don't we try to change. You are immersed in nature and will come to the city for entertainment. Like attending a concert, sporting event, or dining experience.
If you've ever experienced rush hour in a big city like Vancouver, Toronto or Montreal, can you estimate you wouldn't take that road again? But when you live in a small town, you might have a chance to get that time back. Imagine if you had to wait for the worst traffic light on your route. So what about a small city or a smaller town?
Actually driving in a frozen city is more dangerous. Automotive safety rates reflect that. For example, you'll find all of Vancouver's highest insurance cars in the GTA. Meanwhile, the smaller towns like Langley, Surrey... are lower. Move to a town less than can to save the cost of car insurance. It is these things that make the Suburbs soar. In fact, in many areas outside prices are strengthening more strongly than in urban centers.
A typical home in Canada currently costs $780,400, up 34% ($200,000) since March 2020. So I think if you're looking for a cheap small town home like you expect If you want it, you probably won't have it.
An important benefit of a large city center is walkability and public transit options. You can go to your local coffee shop, catch the subway and go to work. If you want to go to a restaurant or have a drink with friends, there's an Uber or taxi at your doorstep at almost any point.
Small towns don't offer that possibility. If you are moving to a smaller town, especially in the countryside, plan to buy a car.
The average Canadian spends $11,433 on their car, including all financing and maintenance costs, plus $2,142 in currency (though with the car's price hike, that figure now could be high more). If you are not a car in to city, you must be counted those expenses on their own means of transportation.
If you have a family, you may need a second car which also increases costs.
You have to ask yourself what is important to you. If you are someone who regularly goes to restaurants to enjoy delicious food, is someone who likes to go to the big game or watch your favorite artist, then the suburban, small-town life may not be for you. However, if you want that life to be just part of a weekend, think about it.
Also, I also think that some small towns have less medical services, shops, gyms and banks.
I see some of you are also worried about internet problems. I think this is not your concern. However, I think you should also carefully research whether the houses you are looking at have high-speed Internet connections before you buy them.
Say it again, must say it again!
Moving out of town was not an easy decision.
Make sure you are someone who likes to be a little quieter and a little closer to nature, then this is a great choice for you. You may have to say goodbye to your favorite restaurants and foods, see you on a weekend or special day.
Think carefully and make an informed choice.
Thanks, you took the time to read the article. Good luck in all your choices.