Moving with children? It’s not easy
Moving is always stressful. Moving when you have young kids? That just adds to it. Kids also have a great impact on the homes people choose and the neighborhoods they select, according to a recent report from the National Association of REALTORS®.
The association’s report, 2019 Moving With Kids, said that 53 percent of buyers with children choose neighborhoods based on the quality of the local school districts. The report found that 50 percent of buyers with children picked a neighborhood because it was located near schools.
Those numbers, not surprisingly, are far different for buyers who don’t have school-age children. According to the association, only 10 percent of these buyers chose a neighborhood because it had good schools. And only 6 percent of buyers without children cited “convenience to schools” as one of the factors in their choice of neighborhood.
There are some similarities, though, between buyers with and without kids. The REALTORS® report said that both types of buyers said that finding the right home was the most difficult stage in the buying process. But there are some differences, too. The survey found that 74 percent of buyers without children preferred that their REALTORS® called them by phone to discuss information about new real estate activity. But 67 percent of buyers with children said they’d rather hear from their agents through text messages.
According to the association, buyers with children are more likely to be under stress and dealing with some sort of time crunch. They need contact with their REALTORS® to be quick and unobtrusive. It’s not easy, after all, to search for a new home while at the same time raising a family.
Buyers with children — again, not surprisingly — tend to purchase larger homes. They bought homes that measured an average of 2,110 square feet with four bedrooms and two full bathrooms. Those without children in the household bought homes that averaged 1,800 square feet with three bedrooms and two full baths.