Moving to a new home or apartment can be a complex task even in the best of times. And while the COVID-19 pandemic makes things more complicated, millions of Americans - an estimated 3% of the population - have found compelling reasons to take up the challenge even now. Should you join their ranks? Here are three key reasons to make your move now.
1. Moving May Improve Health and Safety
If you live in an area deeply affected by the COVID-19 pandemic, moving to a different location may be the best for your family's physical health. If you have a high-risk family member, for instance, you may protect their health by moving away from riskier areas, which could be more important than the temporary work that comes with moving to a new house.
Although no city or state can be called completely immune to pandemic issues, some places are simply more likely to have more problems. A community with a high population density or one that relies on public transportation may, for instance, always be at a higher risk of exposure than a rural or suburban community.
2. Moving May Improve Your Finances
Along with coronavirus fears, a recession has put many people's finances into a bind. If you're in this situation - or likely to end up there - a proactive approach could prevent serious financial damage. For instance, have you thought before about selling your home and downsizing expenses? What about moving to an area that could boost your job stability or result in lower taxes? This might be the time for either.
Smaller choices could help shore up your finances too. You may simply be able to find a more economical apartment to free up money in the budget. Or, look for an apartment that offers money-saving amenities like free parking, a shorter commute to work, or more utilities included in the rent. Small changes like these add up quickly, increase savings, and reduce your stress and anxiety about the future.
3. Moving May Improve Mental Well Being
COVID-19 exposure isn't the only health concern for families today. They also must weigh the emotional and mental well-being of themselves and their children. Being isolated, cooped up at home, unable to see friends or family, or barred from play areas can be taxing on adults and kids alike. And as the months drag on, this effect could become more severe.
If you have the chance to be closer to family, then, this may be the time to take advantage of it. If you want to safely take your kids to play outside in the fresh air, a single-family home with a backyard might be the best option. And if you're one who is used to going out with friends often, you might opt for a home with a layout more amenable to entertaining small groups at home instead.
Moving can't always - or shouldn't always - be put off until things change for the better. If your move will bring a net positive result in the long run, it may be worth the extra effort. The answer to what is right for your family, as always, depends on your personal circumstances. Each of these possibilities - improvement in mental health, physical health, or financial health - may be the deciding.
If you're considering a move within or to the greater Louisville area, talk with the real estate and rental pros at Montgomery Realtors today. We can help you find the right place to weather the pandemic in a way that improves your family's overall well-being no matter what you face in the near future.