Buying a house on a main road can be a concern for many and not a problem for some. As with any home purchase there are pros and cons to consider. Will there be too much street noise? Will my resale be affected. These are the most common concerns home buyers face when buying a house on a main road. Will the pros outweigh the cons? Want to learn more? Please read on and hopefully this article will answer some of your questions.
1: Main Road Noise
This is likely one of the biggest deterrents when buying a house on a main road.“THE NOISE” ! Should you overlook the house of dreams? Maybe it’s the perfect home that fits your budget. The decision is yours at the end of the day but one option is to soundproof your new home. Here is an interesting article explaining some measures one can make to buffer the noise. Stop road noise with these ideas.
2: Resale Value
Will buying a house on a main road affect resale value? Research shows it will due to the fact there is a lower buyer pool willing to live on a main road. Will the discounted purchase price outweigh the discounted resale price? This one is hard to answer and there are many factors that can affect future resale value.
3: Closer to public transportation and amenities
Many times being situated on a main road will mean easier access to amenities and public transportation. You may be within walking distance to shopping and schools this can be a big plus especially to ones without their own transportation.
4: Children and Pets
Being located on a main road can be a concern for homeowners with children and/or pets. There will be more traffic traveling at higher speeds. Installing a secure fence will be a must and this will add to your post closing costs.
Buying a house on a main road be sure to consider the parking availability beforehand. Will the property have enough parking spaces to accommodate all your vehicles now and in the future? Main road parking can be restrictive so check with local parking bylaws to confirm what is allowed.
Making a decision with regards to living on a main road should not be made lightly. Be sure to go over all your questions and concerns with your Realtor.
About the Author: The above Real Estate information on Five Simple (But Important) Things To Consider When Buying A House On A Main Road was provided by Andrew Weaver. Andrew can be reached via email at [email protected] or by phone at 705-331-2374. Andrew has helped people move in and out of many Simcoe County towns for the last 5+ Years.
Are you thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
I service Real Estate sales in the following Simcoe County towns: Wasaga Beach, Collingwood, Tiny Township, Clearview Township