Moving closer to work sounds reasonable but is it actually worth it? That’s what we want to help you answer with this article. If any of the points below sound like you, then buying a home closer to work may be the best move you could make.
Ready to buy your next home (or first home!) for reasons other than shortening your commute? We can make that happen! Contact us today to get pre-approved for a home loan and start home shopping.
Sometimes you live out of the immediate work area because of high property values, thinking that it would be less expensive to commute. But the real test is to add up the cost of living, including the mortgage payment, utilities, and property taxes PLUS the cost of the commute. Then compare that to the cost of living closer to work.
Does that long commute still make sense after crunching the numbers? Sometimes it doesn’t! Even if the cost to live closer is slightly more, the benefit of gaining more hours in your day can make moving worth it.
For those that have erratic or on-call hours, moving closer to work could be a great benefit. Even if your hours are scheduled and regular, working 6 days a week takes it’s toll when you have a long commute.
Will moving closer to work increase your quality of living?
If moving to a new neighborhood, one that is closer to work, will increase your quality of living, then moving may be worth it. Life is so much more than work, right? If moving means that you’ll be able to indulge your hobbies more often, be closer to family, be more involved in your community, or be able to send your kids to a better local school then by all means --buy a new home closer to work!
Some health studies have shown that long commutes could be the equivalent of adding up to 800 calories! And there are health risks associated with long commutes, too. Falling asleep at the wheel, stress, and poor nutrition from snacking in the car are serious reasons to consider buying a home closer to work.
See how much time and money you can save when you purchase a home closer to the office. Apply for a home loan today and get your questions answered by a mortgage expert.
All loan approvals are conditional, not guaranteed and subject to lender review of all information. Loan is conditionally approved when lender has issued approval in writing, but until all conditions are met, loan cannot be funded. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. In California, This licensee is performing acts for which a real estate license is required. C2 Financial Corporation is licensed by the California Bureau of Real Estate, Broker # 01821025; NMLS # 135622. For state licensing information outside of California, click here. C2 Financial Corporation is approved to originate VA and FHA loans, and has the ability to broker such loans to VA and FHA approved lenders. C2 Financial Corporation is not acting on behalf of or at the direction of HUD/FHA or the VA.