Features to look for when buying a family home in South Miami
Buying a house is a challenging process. Many believe that having a large budget makes it significantly easier, and while that can help, money alone isn’t the deciding factor. Buying a family home in South Miami, for example, requires careful consideration of several aspects. With real estate prices at an all-time high, finding the ideal home for your family can be more complicated than expected. The location of your potential home also plays a crucial role. South Miami, for instance, is an excellent choice for both living and investment opportunities. Once you’ve secured your new home, the next step is preparing for your move, which can be made much smoother by working with professional moving companies Miami has.
What should you pay attention to when buying a family home in South Miami?
Before starting your home search, it’s important to research the local real estate market. Miami boasts one of the top real estate markets in the U.S. Plus, Florida offers low property taxes and affordable mortgage rates. As a result, demand for properties in Miami is high, but the supply is limited. The most common housing options include single-family homes, townhomes, and condos. In smaller areas like North Miami, townhomes are especially popular. These neighborhoods are also great for families planning to relocate with the help of local movers Miami. When searching for a family home, keep an eye on these key features:
- The price and future resale value
- The location
- Neighborhood safety
- How big the house or apartment should be
- How old is the house or building
- The size and the floor plan
- The design
- Storage space
- Lightning
- Utility costs
The price and future resale value
When buying a family home in South Miami, the first factors to consider are the price and future resale value. Namely, the median home price in South Miami, as of recent data, is approximately $875,000, reflecting a 35.2% decrease from the previous year, according to Redfin. This decline may present opportunities for buyers, but it’s essential to assess factors that could influence future property values.
South Miami’s desirable location, quality schools, and community amenities contribute to its real estate appeal. However, market fluctuations, economic conditions, and changes in buyer preferences can impact property values over time. For instance, while the median sale price has decreased, the median price per square foot has increased by 14.1% to $550, indicating a potential shift in market dynamics. So, before hiring movers in South Miami, research the costs first.
Location matters
Every experienced real estate agent will agree: location matters most when purchasing a home. It heavily influences the price. The same house can cost two or three times more in a different area. Unlike other features, location is something you cannot change after buying. You can repaint walls or add rooms, but you can’t relocate the house itself. Therefore, it’s crucial to consider where you want to live carefully. Look for a location close to your workplace, schools, parks, and other essential amenities. If you’re moving with your family, prioritize a safe neighborhood. And after choosing a neighborhood, hire residential movers Miami residents choose over others and move safely.
Neighborhood safety
A safe neighborhood provides peace of mind and ensures a secure environment for you and your loved ones. It’s especially important if you have children, as they should be able to play and grow up in a safe community. To assess safety, research the crime rates in the area and talk to residents about their experiences. Look for neighborhoods with a strong community presence, well-lit streets, and visible security measures. Proximity to police stations or community watch programs can also be an indicator of safety. A safe neighborhood often adds value to your property, making it a better long-term investment.
How big the house or apartment should be
The size of your home or apartment in South Miami should accommodate your family’s needs while providing comfort and functionality. Start by considering the number of family members and their individual requirements. A house with three or more bedrooms is often ideal for a family, offering a master bedroom for parents and separate rooms for children. If you’re moving with extended family, consider additional rooms for guests or multi-generational living.
For houses, outdoor space adds value, giving children a safe place to play or providing room for a garden, patio, or pool. Apartments may not offer outdoor areas, but look for units with balconies or nearby communal spaces like parks. Storage is another aspect to consider. Homes with spacious closets, a garage, or extra storage rooms are beneficial for growing families. Striking the right balance between size, functionality, and budget ensures your home meets your family’s needs now and in the future.
Consider the age of a house or building
The age of a house or building is an important factor to evaluate when purchasing a family home in South Miami. Older homes often have charm and character, but they may come with maintenance challenges. Pay attention to the condition of essential systems like plumbing, electrical wiring, and the roof. These systems in older homes may need upgrades, which could add to your overall costs. On the other hand, newer homes are often equipped with modern materials, energy-efficient features, and up-to-date building codes, making them more appealing for families seeking convenience and reliability.
If you are considering a condominium or apartment, the age of the building also matters. Older buildings may require higher maintenance fees, while newer ones could offer better amenities. All in all, balancing your budget, lifestyle preferences, and willingness to handle potential repairs will help you make an informed decision that fits your family’s needs.
Consider the size and the floor plan when buying a family home in South Miami
When buying a family home in South Miami, the size and floor plan are key factors to consider. Start by ensuring there are enough rooms for every family member. Many families prioritize having a master bedroom for parents and separate rooms for each child. The number of bathrooms is also essential, as it affects daily convenience, especially for larger households.
Pay attention to the floor plan as well. Open-concept layouts are popular because they make homes feel more spacious and allow family members to interact easily. For example, a kitchen connected to the living room creates a shared space where you can prepare meals while staying involved in family activities. If you have specific needs, consider adding features like a home office or gym. Keep in mind, however, that these additions may increase the cost. Finding a balance between functionality and budget will help you choose the right home. By the way, when moving to a new South Miami home, pack according to a floor plan for easy arrangement.
Factor in the design
Once you’ve chosen a few locations, it’s time to decide on the design of your new home. Start by thinking about the type of home you want. If you’re unsure, consult professionals to explore popular styles. If you still can’t decide, use your current home for inspiration. Make a list of features you enjoy and note what you’d like to change before buying a family home in South Miami. You don’t need to settle on one specific style. Having a general idea of what you like—or dislike—will be enough to guide your decision.
Don’t overlook the storage space when buying a family home in South Miami
Storage space is a crucial factor to consider when buying a family home in South Miami. A well-organized home needs enough storage to keep everything tidy and functional. For houses, look for features like an attic, basement, or dedicated storage rooms where you can store seasonal items, decorations, or sports equipment. Built-in closets in bedrooms, walk-in closets in the master bedroom, and a pantry in the kitchen can make a big difference in keeping everyday items accessible.
For apartments, assess whether there are storage units within the building or nearby. Apartments with larger closets, utility rooms, or even under-bed storage options can help maximize space. Additionally, check for outdoor storage, like sheds or garage spaces, for bikes, tools, or other bulky items. And if you need additional space, Miami storage facilities are at your disposal.
Lightning is one of the most important factors to consider
When purchasing a new South Miami family home, don’t underestimate the power of lightning. Natural light enhances the appearance of any space and creates a warm, inviting atmosphere. When touring potential homes, pay attention to the size and placement of windows in key areas such as the living room, kitchen, and bedrooms. Homes with larger windows or open layouts often feel brighter and more spacious.
Additionally, consider artificial lighting. A combination of overhead lighting, task lighting, and ambient fixtures ensures every room is functional and appealing. In the kitchen, under-cabinet lights are helpful for cooking, while dimmable lights in the living room create a cozy atmosphere for family time. Outdoor lighting is equally important for safety and aesthetics. Features like motion-sensor lights or pathway lighting add to the home’s overall appeal. By the way, if you are relocating fragile lamps and chandeliers, hire white glove movers to handle this.
Don’t overlook utility costs
Once you buy a family home in South Miami, you will have regular monthly utility expenses. Thus, consider the average cost. Here’s a breakdown of typical utility costs in the area:
- Electricity: Due to South Miami’s warm climate, air conditioning usage is high, leading to substantial electricity bills. On average, residents spend about $243 per month on electricity, which is approximately 4% higher than the national average.
- Water and Sewer: The average monthly water bill in Florida is around $33.
- Natural Gas: While many South Miami homes primarily use electricity, some utilize natural gas for heating or cooking. The average residential natural gas price in Florida is approximately $34.30 per thousand cubic feet, which is about 49% higher than the national average.
- Internet and Cable: Staying connected is vital. High-speed internet services in Miami average around $64 per month.
- Trash and Recycling: Waste collection services are often included in property taxes. However, if billed separately, expect to pay between $20 to $50 monthly, depending on the service provider and frequency of collection.
How to choose the real estate agency in South Miami
Now that you know what factors to consider when buying a family home in South Miami, there’s one more factor you should not choose wrongly – a real estate agency. How do you decide whom to hire? Look for these traits:
- Integrity: An agent should prioritize your best interests over personal gain, ensuring transparency throughout the process.
- Experience: Seek agents well-versed in various facets of real estate transactions, capable of navigating different market cycles.
- Local Market Knowledge: A deep understanding of South Miami’s neighborhoods, schools, and amenities is essential for finding a home that fits your family’s needs.
- Communication Skills: Effective and timely communication ensures you’re informed at every step, facilitating a smoother buying process.
- Availability: An agent should be accessible when you need them, ready to show properties and provide support throughout your home-buying journey.
After choosing your real estate agent, proceed to choose the best moving companies Miami Dade offers.
Hire Pro Movers Miami after buying a family home in South Miami
After buying a family home in South Miami, trust Pro Movers Miami to make your relocation seamless. We handle everything, from careful packing to safe transportation and unpacking, so you can focus on settling into your new space. Your dream home deserves the best start, and our team is dedicated to providing efficient, reliable service tailored to your needs. Call us today for a free quote, schedule the finest moving services Miami has to offer, and let us help you move into your new family home stress-free!
References:
Electricity Cost in Miami, FL: 2024 Electric Rates | EnergySage. (2024). EnergySage. https://www.energysage.com/local-data/electricity-cost/fl/miami-dade-county/miami/
What is the cost of living in Florida? A complete breakdown. (2024). Unbiased. https://www.unbiased.com/discover/banking/what-is-the-cost-of-living-in-florida
South Miami, FL Utilities – Electricity, Natural Gas, Solar. (2024). Utilities Local. https://utilitieslocal.com/states/florida/south-miami/