Buying or renting houses or apartments in The Woodlands is a different experience than doing the same in Houston or other nearby suburbs. Here are a few things to think about if you’re new to the area and looking at properties:
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Repair work
Having a garden which is partly forested will cause more repair and maintenance work than a regular lawn. From removing rotten limbs to damages caused by animals, there may be additional costs involved with looking after the trees on your property.
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Commuting time and travel costs
If you’re lucky enough to work at one of the many businesses that have opened up or relocated to The Woodlands in recent years, then your daily commute will be fairly easy and picturesque. If you are driving into Houston every day, the 30-mile commute in heavy traffic will take time and perhaps some additional stress. The cost of fuel will also be substantial for such a long drive. Check if you have it in your budget to deal with the daily commute or if you can use public transportation instead, such as The Woodlands Express park and ride bus service, which goes directly to the central business district of Houston.
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Opening and expanding a business
If the commute seems too daunting, this may be a chance to open your own business, or expand your existing business further. The Woodlands is an ideal place to do this due to the affluent and thriving community and many business connections available from companies who have already set up in the area. People from all walks of life have already started their own businesses in The Woodlands, everything from restaurants to law firms. Online business directory Manta.com lists over 6,000 businesses in The Woodlands.
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Hurricane insurance
Natural disasters such as hurricanes and droughts are very rare but they can happen in Texas, so residents need to be aware and prepared. Double check with your insurance provider if you will be covered in the rare chance of a natural disaster and decide what you will do if you temporarily have to leave your home.
Keeping these and other factors in mind when you are considering your next home or real estate investment will help you make a decision on what is best for you. While some additional costs may come with living in this particular area, the benefits can easily outweigh them.
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