- ROAM FREE! SCHOOL ZONES DON’T MATTER Some parents, particularly when their kids are of a certain age, will be much more focused on school zones. And who can blame them? They want the best for their kids. But if you don’t have kids, you may have a small advantage in the real estate department. Good school zones tend to have very competitive housing prices and bigger price tags on them. I have seen some crazy stories of families who battle to land in highly-ranked school zones. I have even heard of families who rent in a good school zone while their kids are in school, but have their purchased house somewhere else. With no kids, you don’t have to worry about this. There are many fantastic, central areas of the city where you can live with so-so schools. Because those schools’ performances doesn’t mean a thing to you.
- SPACE AND STORAGE Kids need storage. They have lots of toys or clothes they grow out of very quickly. Without kids, you’ll need storage too, but a whole lot less of it. On top of that, you’ll need less bedrooms. So, this will be much easier on your wallet. I know that kids are worth the expense! But if they’re not around, the space and storage requirements may be much more tame.
- SUBURBS vs CITIES You’re going to find more families in the burbs. That’s a given. There is just more space and storage out there, and sometimes better schools and more affordable options. If you have no kids, you may still want the burbs, but without kids, you do have more free time. So, the city may be a better place to live for many. More restaurants, galleries, easy access to airports for travelling, and more people who don’t have kids. Of course, there are families in the city. My street is full of families and kids. However, the proportion is not so out of whack that you may feel like an alien if you are the only one within 2 miles who doesn’t have kids.
- CONDOS FOR CHILD-FREE? If you don’t have kids, some may think that a condo would be a better option. And that may be the case. Without kids, you will have more funds and time to do things that people with kids are not able to do as much, like travel for weeks at a time to far-off, exciting destinations. If this is the case, then a condo that you can lock and leave for months on end would be a good option. A house may be tougher to maintain, and if things go wrong while you’re away, you may have a disrupted vacation. Still, a house with no kids can still be a good fit depending who you are. Maybe you have a dog. Maybe you love gardening. Maybe you like to do ti chi on the grass.
- THE OTHER STUFF In a child-free existence, you may have more time for other things beyond your kid’s soccer practices and catching up on sleep. Maybe your an avid cyclist. Maybe you meet your friends every Sunday for brunch. If this is an important part of your routine, then your property decisions may be based more on your passions and routine. I have had a client pick a property based on their proximity to her beloved personal trainer at the gym.
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