Why More Homeowners are Relocating and Rethinking Their Priorities

Coronavirus has caused some people to rethink their location as well as their immediate and long-term needs. While business trips and vacations are on the decline, relocations are becoming more appealing to homeowners across the country.

Though every season has its pros and cons, there are many benefits to moving in the near future.

A Permanent Change of Scenery

A recent poll done by the Pew Research Center shows that roughly one-fifth of the U.S. adult population has moved due to COVID-19 or know someone who did.

Homeowners may change their permanent residence to:

  • Risk exposure to the virus
  • Distance themselves from major cities
  • Take advantage of working remotely
  • Accommodate a family member and/or loved one
  • Access new schools or educational alternatives
  • Meet their immediate needs (bigger yard, more space, etc.)

As a result, individuals and family are accelerating the moving plans they had on the backburner and realtors are seeing more moves to the suburbs. Monetti Custom Homes has a reputation for building breathtaking custom homes up and down the Jersey Shore, primarily in Ocean and Monmouth Counties.

Practical Benefits of Relocating

Late summer/early fall is an ideal time to build or renovate a home for families looking to relocate and take the next step in their life.

May and June are traditionally the best months for families to sell their homes because kids are out of school. Similarly, families looking to relocate or build a new home will want to do it when there is more time and better weather to do so. But with remote work and virtual education on the rise, families have been given a bigger window of time to act in. Not to mention, health and safety often take precedent.

In addition, starting a new home build or renovation in NJ now will increase the likelihood of construction being done in time for the holidays. Home builders can even get exterior work done and focus on interior spaces for larger projects that carry over into the winter months if necessary.

 

What to Look or Ask for in a New Home Build

The pandemic has also caused families to reconsider their immediate needs and plan for “what if” scenarios. None of us could have predicted that around 40% of the U.S. labor force would be working from home right now, yet here we are.

We recommend that your new home has plenty of outdoor space to give all residents extra breathing room and help combat the feeling of cabin fever. Consider a bigger yard, a deck or patio, or even just a calming area to relax and unwind in.

We also suggest that you factor in a dedicated office space. It’s best to keep your personal and work life separate, and you’ll want your office to look polished and professional if teleconferencing.

Last but not least, invest in a kitchen that accommodates your entire family and any potential guests, like college-aged kids, in-laws, or even a friend in need of temporary assistance. You’ll find that high-traffic areas like the kitchen, living room, and bathroom get crowded quickly, so it is best to prepare ahead of time.

You may also want to consider:

  • Hands-free kitchen or bathroom faucets
  • Easy-to clean surfaces and coatings
  • More storage (extra cabinets, built-ins, walk-in closets)
  • Smart home devices (hubs, controllers, lights, thermostats, etc.)
  • Enhanced security features or keyless entries
  • The views throughout your home

If you are moving to the New Jersey shore region and are ready to start construction or renovation on your new home, we would love to hear from you.

 

Monetti Custom Homes specializes in custom home design, custom home construction, and custom home renovation along the beautiful New Jersey coastline. For more information, contact us here. Please call to speak to a specialist at 732.223.7949

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