Home Real Estate Kids’ influence their parents’ home-buying decisions

Kids’ influence their parents’ home-buying decisions

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If you’re used to parents of toddlers asking their kids whether they want to go to the park or the pool, to drink apple juice or water, or to play baseball or soccer, you won’t be surprised to hear that parents rely on their children’s opinions when it comes to major decisions, too.

Most homeowners with a child under age 18 when they buy a home it’s said their child’s opinion was a factor in their home-buying decision.

Millennial parents are even more likely to be influenced by their kids. Renters who plan to buy in the future are also likely to be swayed by their kids: their children’s opinion will be a factor in what home they buy.

Children today have a more important and influential place in society than their parents ever had. Apart from apparent factors like location or budget that govern a home buying decision, addressing the needs of the children of the house has gradually become a vital influencer.

What are the factors that have led the children to influence our home buying decision? Whether you are moving to a new home or plan to do so you plan out everything from the entrance to the small corners of your home wisely. In case you have children at home their inputs become very valuable for you to finalize the transaction.

The parameters that a prospective home buyer considers when it comes to children are-

EDUCATION:

Every parent dreams of sending his child to the best school, so one hunt for a place in the vicinity of good schools, so the child can go to school hassle-free. Parents go hunting for properties located near good schools, shopping centres, local markets and hospitals for the comfort of their families.

CHILD-CENTRIC AMENITIES:

Nowadays buyers lookout for projects which offer child-centric amenities and facilities. In this regard, the best thing for buyers today is to opt for societies developed by reputed builders. Buyers seek to live in places where they have facilities like a pool, gym, clubhouse and playground for their growing children. They are also concerned about transportation and road connectivity for the safety of their children.

OPEN-SPACES:

Kids love playing in the backyard so open spaces are what buyers look for. But if you live in a flat where spaces are not available then look for places which are near playgrounds so your children have their play zone.

SAFETY AND SECURITY:

When home buyers are looking up properties they pay special attention to the safety and security of the location. Security of their children and the safety of the neighbourhood is also on top priority. It is essential to check on the safety of the neighbourhood so a little research will not harm you, because this will, in turn, ensure the safety of your children.

SPACE:

It is immaterial where you are moving to 2BHK or 3BHK; it should be spacious enough to accommodate your entire family. Parents with growing children will always try to get an extra room for their kids, as they would want their own space. Parents of late give their children equal respect and their decisions also hold weight when things need to be finalized.

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