Family Matters - How Having Kids Can Impact Your Real Estate Priorities

Posted by DeBianchi Real Estate on Wednesday, February 14th, 2018 at 10:00am.



We've all seen the commercial with the young couple who keeps listing of their "never," most of which have to do with having kids. "We're never getting a minivan." "Never moving out of the city." "Never having another child," etc. 

Having children will absolutely impact you in some way at home, whether it's something as simple as having to childproof the house, to moving to a completely new neighborhood or city to meet your changing needs. 

Here are some top reasons that impact family-related moves, and some thoughts to consider. 

Amenities

Desired amenities in a neighborhood are very different if you have kids than if you are single. Single people will often value convenience to their favorite shops, restaurants and entertainment options over proximity to amenities important to families, such as parks with playground equipment or proximity to other family-friendly entertainment options. 

Safety

Singletons are more likely to live in an "up-and-coming" neighborhood that may stile a bit on the dangerous side late at night, or be willing to rely on building security at their apartment than parents who are concerned with the overall, surrounding neighborhood. When you're only concerned with your own safety, it's not the same as having tiny humans in your charge. 


Space

Kids, and their stuff, require more space than a couple or even the same amount of adults. Room to store toys and belongings as well as room to play both inside and out add up. A condo or apartment in an urban or beachside setting may not accommodate Little Johnny and his army of stuffed animals. With kids often come pets, and pets also tend to change the game when it comes to real estate needs. 

Schools 

One of the number one drivers of real estate choice when it comes to children, particularly in South Florida, is zoning for public schools. Getting kids in to a neighborhood with a high-performing public school can mean the difference between a good education and a great one. It can also mean the difference between free access to a great school or parents having to pay thousands to send children to private schools to ensure a quality education. Homes in areas zoned for high performing public schools automatically cost more than other neighborhoods, however when you factor in the home cost versus the cost of private school, the added real estate price may outweigh the price of sending kids to private school. 

If you're thinking of starting or expanding your family and are looking for solutions to "family matters," give us a call today or send us a message here! 


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