Tips for Moving to Kitchener or Waterloo
Home prices in Toronto are now beyond the reach for many people. The prices and forcing them to move outside the City. A lot of people are choosing to live in the Waterloo and Kitchener area. I work with many buyers from the Toronto area who are looking for their dream home in the K/W Area. They are ready to commute each day, so they can own a nicer home.
Should you move to the Kitchener / Waterloo Area?
There are plenty of houses available. Depending on your budget, you can own a larger home with more options. This is a great area that has lots of potential and beauty. Almost everyone that I have helped move out here are happy that they made that decision. I highly recommend that you work with a real estate professional to help you find the best area for you. Get someone who has plenty of experience with the community that you are interested in. They can help you with finding your preferred home and set up showings. Choose a real estate professional that has a great personality and has the time to work with you.
Home Price Versus Commute Time
This is where you must do some figuring out. Unfortunately, where you live will impact your commuting time. For some, an eight-hour working day will turn into a 12-hour one depending how far away you live. That doesn’t leave much time for other important things. Despite the fact that the cost of living in Toronto may be more expensive on average, it might not be worth it when taking into consideration all the time you will spent commuting. Alternatively, suburban living has the perk of more affordable.
Among the important things to consider is how much the commuting cost will be in the end. In the case that you are going to choose public transportation like the Go Train, you can find plenty of things to do during your commute. You will also have to consider the monthly costs to use the service. If you are going to drive in consider the fees for gas, parking, insurance. Although these numbers will vary, keep in mind the cost of gas alone. It is at a record high and there are no signs of it stopping. It is important to determine if your time, costs and wear and tear are worth it. I recommend that you consider these costs, your living costs, and your salary. Work out the math to see if this plan is feasible. Salary is the deciding factor for many when it comes down to settling for a long commute.
Exactly how much is your commute time worth to you? What’s right for your specific situation?
If you are set on living out here I highly recommend that you Contact Mike Bolger. Mike Bolger has lots of experience in the Kitchener / Waterloo communities.
Mike Bolger, Sales Rep
Coldwell Banker Peter Benninger Realty, Brokerage
508 Riverbend Dr
Kitchener, On N2K 3S2
+1 (519) 616-2656
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