Everything comes with a price, however, and that includes living in a bedroom community. While there are benefits, there are also trade-offs. Here are a few:. In the end, you may discover that what works during one phase of your life does not work in the next.
The typical person moves Perhaps two of those moves could involve moving from an urban area to a bedroom community, and then back again. In spite of the longer commute to work, bedroom communities gained the reputation of being a good place for families to put down roots. That reputation has continued. Among the benefits of living in a bedroom community:.
A flipped house may need more work than it seems. Yes, you can sell your house with a few mouse clicks. But should you? Getting an instant home offer from an iBuyer? Opendoor and Offerpad remain in business — but their offers might grow less generous as a major rival pulls the plug.
The current housing market still strongly favors sellers. And is a bedroom community the right choice for you? Let us break it down for you.
A bedroom community is typically a residential area outside of a big city. Most of the residents of a bedroom community are those who work in the city and commute. Often they are within an hour of a large city, and they offer a more residential appeal than what you would find in an urban setting. Generally speaking, bedroom communities are more affordable than their big-city counterparts those this is not true for all major cities.
The pace is slower, and residents usually describe a better quality of life. Another great perk of living in a bedroom community is a lower crime rate. Big cities tend to have higher crime rates, especially violent crimes. These towns often host regular community events and festivals, which is a great way to get out and meet people. The description of a bedroom community can be easily confused with that of a suburb , but they are actually quite different. Many times the delineation between a city and suburb is easy to miss.
There is generally little open space between a city and its suburbs, leading to a barely noticeable transition. Suburbs are closer to the city and tend to have more employment opportunities than a bedroom community because of their own small businesses and industry. Depending on the size of a suburb, it may even employ people from the neighboring bedroom community.
Bedroom communities, on the other hand, tend to be clearly separate from the city and its suburbs. And there may even be undeveloped areas in the space between them. Bedroom communities are generally composed of areas that are privately owned and developed and overwhelmingly residential.
Planned neighborhoods and gated communities are likely to be the predominant real estate. Many of these areas can come with a homeowners association and community amenities, like a pool, gym, or play area. As bedroom communities grow, however, many homeowners will begin to shift their business closer to home, bringing their shops and services to the community.
These conveniences, while … convenient, can begin to shift the area from a bedroom community to more of a suburb or city in its own right. Because of this, the line between bedroom community and suburb is frequently blurred. Bedroom communities have grown since their establishment in the years after WWII, but their primary function is still to give people a place to go home to after their work in the city is done. And there are still many benefits to setting down roots in a bedroom community.
With the rise in remote work, many have left city life for more space and a slower pace. This exodus is an opportunity for bedroom communities to capitalize on the fact that people are tending to spend more than just their sleeping hours there. When the pandemic is over but seriously, when??? But, if you are looking for a respite from city life where you can spread out and raise a family — or perhaps a place to slow down as you move up in house or move into retirement, then a bedroom community might be the perfect place to call home and a trusted expert can help you get there.
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