Curb appeal
You may not have heard the term before — but you’ll no doubt know the concept: ‘Curb appeal’ describes how attractive a property is from the outside.
If this matters to you, why not consider the suburbs? Its houses usually offer bigger gardens and outdoor spaces than city dwellings.
The suburbs are also generally cheaper than urban areas, so you’re more likely to be able to afford something bigger — perhaps that double fronted detached you’ve always dreamed of? Or you could spend the money you save on transforming the outside with a new driveway, windows or replacing that pebbledash with a stylish render?
When you’re thinking about upsizing or renovating a new property, it’s always a good idea to do some careful budgeting to get an idea of what you can afford.
Profitability
If you’re looking to ultimately sell or rent out your property, then you’ll want something that will give you a good return on your money. And if this is the case, a lot of the time, how your house looks isn’t necessarily the most important thing.
It’s more about what you can offer to potential buyers or renters. This can vary, as buyers and renters may be looking for different things in a living space. It’s a good idea to research key trends in the property market and find out what buyers and renters are looking for in your area.
If you want to rent, consider which type of tenant you’d like to attract. Students and young professionals, for example, are often more drawn to city centres.
A family, on the other hand, are more likely to choose a house in the suburbs, with access to schools and green spaces.
Privacy
Most of us value privacy in our living space. But which area is best for this: the city or suburbs?
Most often, it’s the latter. City and town houses are usually more densely packed together. You’re more likely to hear and see your neighbours. Some people like this, because it creates a sense of community, but likewise, many people can feel overlooked, particularly in their gardens.
But if your heart is set on the city, you can make your outdoor space more private by adding a shed, or some tall, perennial plants.
If you want to avoid the overcrowded urban effect altogether, you might be wise to see what space your money will buy you in the suburbs.