Tuesday, May 22, 2018

Do You Know the Difference?


Exurbs vs. Suburbs: If city living sounds undesirable, buying in the 
suburbs or exurbs might be more your speed. While moving to the heart of a big city means being near major employers, top hospitals, schools, and culture, owning outside major metropolitan areas has a whole different set of advantages.

Exurbs and suburbs came about from a desire for more space and privacy within proximity of city features. And while suburbs and exurbs do share many similarities—more square footage, less noise, less pollution, more privacy—there are substantial differences.

The difference between exurbs and suburbs

The biggest distinction between these two types of communities is where they're located. Suburbs lie just outside of the city, whereas exurbs are areas farther out, beyond the suburbs. Exurbs tend to be situated in more rural areas. They can be near farmland.

“Suburbs provide a functional lifestyle close to shopping, schools, and transportation,” “Exurbs provide a remote location free from noise and congestion.”

Life in the suburbs

One of the biggest advantages of life in the suburbs is that homeowners have full access to everything in the shadow of the city: Entertainment, restaurants, and top-notch medical facilities are still within a reasonable drive.

Even though many suburbs have excellent public transportation options, you will most likely need a car to get from Point A to Point B.

A move to the suburbs may be difficult for those who've grown accustomed to the frenetic pace of the city. The good news is that the level of comfort and peace found in the suburbs often replaces the void over time. (Note: We did say 'often.')

Life in the exurbs

For homeowners craving complete privacy, the exurbs are the way to go: You have more usable land, fewer industries or nearby neighbors, and less crime and noise pollution.

Exurbs are great for someone who works from home or is looking for a second home/vacation property.” 

However, exurbs tend to be spread out and less walkable than cities and many suburbs.

Pedestrians tend to find life more difficult in the exurbs. There are less likely to be sidewalks, and destinations are more likely to be beyond walking distance. This is particularly difficult for children and the elderly,” a producer for 'Perils for Pedestrians,' a TV program that looks at the problems confronting pedestrians in communities.

The future of suburbs and exurbs

According to research from the Urban Land Institute, the suburban housing market in the United States shows no signs of slowing down. As long as the demand for life outside the city remains high, the overflow to the suburbs will continue, and those communities will expand outward. Helping accelerate the growth: Technology makes it easier for more folks to work from home, sans the city commute.

However, as growth into major metropolitan areas extends beyond the city, predicts that some suburbs and exurbs will naturally be absorbed, perhaps becoming their own incorporated entity or merging with a nearby municipality.

'Even as cities expand, new suburbs and exurbs, beyond the current ones, will naturally come into being.' 

Ready to Buy or Sell? If you’re interested on a wealth of information and 18 years of experience to help you get started visit us at Precision Realty & Assoc. LLC or if you prefer a more personal touch, CALL 801-809-9866 today. 

#RealEstateForSale #Homeownership #UtahRealEstate #Suburbsvsexurbs

No comments:

Post a Comment