Posts from November 11th, 2019
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11
Homebuyers: Don't Drive Yourself Crazy Commuting
It's true that location matters when it comes to buying a home. A top location can offer a great school district, great amenities, convenient access to shopping, and a low crime rate. However, your commute time to work is another important factor to consider when looking for Mansfield homes for sale. It can be tempting to ignore a long commute if it would mean foregoing what is an otherwise perfect home. But will the time and cost of a long commute be worth it?
The Costs of a Long Commute
The average American commutes for approximately 25.4 minutes each way. But those in larger metropolitan areas are subject to an extremely long commute of up to 1.5 hours each way. Extreme commuters spend at least 15 hours a week on the road without getting paid for it. As the time adds up, so do your travel expenses, especially gas and car maintenance. In most cases, the savings realized by purchasing a home in a suburban area result in a higher cost overall. Adding a distant commute to your housing expenses can exceed 30% of your gross monthly income.
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