KEY LIVEABILITY FACTORS WHEN BUYING OR SELLING A HOME

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When buying or selling a home, it’s important to think big. Look beyond the home itself. What does the neighbourhood have to offer? These features factor into the “liveability” of a community and help contribute to a home’s appeal (translation: higher resale value). Unfortunately, liveability factors are often lost among a home’s marble countertops and square footage.

Liveability is key to the quality of life that a home offers. Here are five amenities to consider:

Green spaces & parks

According to the survey for the 2019 RE/MAX Housing Market Outlook report, 59 per cent of Canadians expressed a wish to live closer to green spaces. Green spaces and parks are not only beautiful but functional as an extension of living areas, fostering a sense of community.

 

Bike lanes & walking paths

Safe walking and bike paths are crucial to liveability and benefit not only your health but the environment as well.

 

Public transit

Having access to a good public transit system is ideal, particularly for those living in urban city centres. Removing the need to own a car and reducing environmental footprint are valuable features that close proximity to transit can provide.

 

Retail & restaurants

The ability to walk to a selection of shopping and restaurants is an important quality for many people, bringing efficiency and character to neighbourhoods.

 

Cultural & community centres

A sense of community fosters quality of life. Visits to local shops, cafes or community centres offer the opportunity to meet and connect with neighbours.

 

Thinking about community qualities can be an effective way to distinguish properties. Look beyond the home’s physical features add liveability to your list of must-have features when you’re buying or selling a home. Not only will you enjoy life more while you live in the home, but these factors can also boost its resale value when you’re ready to make your next move.

Source: RE/MAX Canada