Living in the downtown area of your city can be a delight and a pain. To find out why that is, read this post by Land Title in Roseville about the 'pros' and 'cons' of living downtown.
Turn to Land Title for all of your title services needs. Call 651-697-1900 to get title insurance in Roseville.
Why You May or May Not Want to Live Downtown
The "Pros" of Living Downtown
Let's start with the positive side of things, shall we? Often times, the downtown area of a city is full of history, entertainment, government offices, and more. Continue reading to learn how this can benefit you.
It Can Save You Some Time
Many people have to move to the downtown area every single day (be it to work, to take care of certain businesses, for leisure, etc.). Since you will already be right in the heart of things, you will save some time (and a lot of stress) in your commute to your daily activities.
It Will Be Far More Convenient
As stated above, if you choose to invest in and live in a property downtown, you will be right in the middle of the action. This means a whole lot of convenience, as you will have businesses, government buildings, and museums right at your doorstep.
You May End Up Saving Money
A surprising benefit to living downtown is that you may end up saving some money in the long run. For one, you won't have to spend as much on your daily transportation. Moreover, if you live in a historic building, you may be up for some sort of tax break.
It's a Lot More Fun
The suburbs are nice and quiet. And while it's awesome, there's no denying that the downtown area is a lot more fun. You'll surely find theaters, restaurants, bars, and plenty of other cool spots downtown.
Your Neighborhood Will Be in Better Shape
Once again, the downtown area often has historic places and important buildings. Due to their importance and touristic value, it's likely your city government will pay more attention to them, and will spend more keeping them clean, pretty, and in good shape.
It Can Be a Better Investment Later On
You can pretty much bet that the value of your downtown property will only go up with time. This may make investing in a place downtown a smarter financial decision than if you were to purchase elsewhere.
Turn to Land Title for all of your title services needs. Call 651-697-1900 to get title insurance in Roseville.
The "Cons" of Living Downtown
Now, let's flip the coin over and take a look at the not-so-positive side of choosing to invest in and live in a property downtown. Consider if any of these reasons are dealbreakers for you. If they are, don't even think about it any more.
It Can Get Pretty Noisy
Living right in the middle of the action comes with quite a few downsides, too. One of them, is that you will be able to hear noise all of the time. From people talking, to sirens, traffic, music, and more, you'll probably never have a minute of peace and quiet.
Your Personal Space Will Be Smaller
Do you hate being crowded and feel that people are too close to you? If you do, then start searching for a place in the suburbs. The downtown area is busy all of the time, which means you'll have to move through crowds often.
Not a Lot of Living Space, Either
If you thought, 'well, at least i can have my space at home', think again. Due to a few different factors (such as cost), many places downtown are on the smaller size. This means less storage room and tighter quarters.
It's More Expensive to Live There
According to a report from Zillow and Care.com, living in the downtown area can be $9,000 higher than living in the suburbs (though the number depends on the city).
Not as Many Open Areas
To some people, living surrounded by tall buildings, not being able to go to the park, have a garden or backyard, and generally not having open areas nearby can be extremely hard. Consider this before investing.
Owning a Car May Be Troublesome
Something important to think about before making a move downtown is if you have a car or not. If you do, you may not find a lot of parking spaces. You will need to pay for a spot, which will make your living costs go up. Also, you'll always have to fight traffic.
Turn to Land Title for all of your title services needs. Call 651-697-1900 to get title insurance in Roseville.
