Congratulations! You’ve finally saved up enough money to purchase your first home! And while you might be thinking about how many bedrooms and bathrooms you want, there are other factors to consider when looking at homes for sale.
At Susan Thompson Real Estate, we have experience and inside knowledge about the different areas and neighborhoods of Denver and the Front Range. We’ll be able to tell you about the schools, how safe the neighborhood is, and so much more about the homes for sale. Keep the following factors in mind while you’re home hunting, and don’t forget to ask your real estate agent about them.
Cost Of Living
When searching for a home, you need to know a lot more than just what the house costs. It’s important to research how affordable the area is; grocery prices, gas prices, utilities, and other goods vary from one location to the next.
Knowing how much you’ll be spending overall in an area will affect whether or not you want to live there. You want to live comfortably, so make sure you’re looking at homes in an area where you can take care of all your monthly expenses with ease.
State, County, And City Taxes
If you’re thinking of moving to a different state, county, or city, it’s important to take into account that tax rates could be significantly different. In Colorado, income tax is a flat rate of 4.63% regardless of your income. We also charge the lowest in sales tax out of the states that do charge sales tax.
Find out what your taxes will be in Colorado so you can accurately budget for your move and find out what you’ll be able to afford when it comes to homes for sale in Denver and the Front Range.
Perhaps you’re moving because you’ve already found a job in a new area, but maybe you’re looking for a fresh start altogether and want to move to a specific location. There are certain states and cities that have better job opportunities than others for certain industries, so it’s important to keep that in mind when searching for your dream job.
Bigger cities will be more competitive, but they usually have more opportunities in a larger variety of industries. Smaller towns may have limited job opportunities, but you will likely not have as much competition.
Do some research about the job market to find out if the area you’re thinking of moving to offers the kind of opportunity you’re looking for.
Obviously, no one wants to live in a dangerous neighborhood. It’s not possible to live in an area without absolutely any crime, though. Don’t let this discourage you; just research crime in the area where you want to live to find the safest neighborhood possible.
Another thing to consider is that crime rates aren’t static. The long-term stability of the neighborhood and new developments can affect how safe your neighborhood will continue to be.
Have you considered the weather and climate of the area you’re moving to? This factor is huge, as it affects your hobbies, general attitude, and even your job. Temperature, humidity, and precipitation will all affect your day-to-day life, so make sure you’re happy with the climate you’re moving to.
Colorado has 300 days of sunshine, experiences all four seasons, and offers a variety of activities to enjoy year-round. Make sure you have a vehicle that can handle the harsher conditions, though, like snow, hail, and heavy rain.
Different areas of Colorado experience different climates, but Denver and the Front Range are warm and moderately humid — a happy medium for many people.
If you always like to be on the go and experiencing new things, it will be important for you to live in a place that has a lot of events to attend, restaurants to eat at, and sites to visit. If you’re more of a homebody, you’ll probably enjoy a quieter area that doesn’t have as much going on all the time.
The Front Range offers a lot of events and activities throughout the year that are fairly easy for everyone to access. With Coors Field, Mile High Stadium, the Pepsi Center, Red Rocks Amphitheater, Elitch Gardens, the Denver Zoo, the Art Museum, and a variety of other entertainment venues, you’ll never run out of things to do in the Denver area.
If you’re looking at homes for sale in Denver or on the Front Range, trust someone who’s a native and knows the ins and outs of the area. Contact Susan Thompson Real Estate to schedule your appointment.