When Long Island comes up, expenses and high-class living are dreamt of. Home to the Hamptons, Fire Island, and the Gold Coast Mansions, there’s a reason it got this reputation! What does that mean for potential property buyers in the area, though? If you’re considering the area but aren’t sure it’s the right fit for you, here are the top things you should keep in mind.
A Sure-Thing Investment
Although most property investments are questionable and not always a sure thing- buyers snatching up Long Island houses for sale are. The proximity to NYC and the multiple items this area offers all add up into property values that constantly increase. Recently the median price of homes rose past the $400,000s for the first time. This means it’s just a matter of time before the houses here skyrocket up to the expense of other homes further into the city. It’s a good idea to get in on this sooner rather than later.
The Best Schools
If you’re starting a family or already have children, Long Island schools are some of the best in the nation. Because of the higher tax bracket, the schools can spend more on ensuring more teachers are available for smaller classrooms, and every opportunity is offered to the students. Unfortunately, not every school can offer these benefits, so it’s vital for your children’s futures that you try to give them the best head start in their education. The school that they attend for high school can very quickly affect which colleges let them in.
Close To Entertainment
Of course, there’s the Hamptons and Fire Island, but there’s also generally a lot of beaches to enjoy. Live shows happen several times a month, and locals get to be close enough to the city to drive in at any time without dealing with the traffic and expense of living there. Many theatres, school performances, clubs, and live concerts happen every week; there’s no such thing as an empty social calendar unless you purposefully plan for it. You’ll never be bored living on Long Island, and that’s how the locals love it.
On the west end of the island, the neighborhoods are safe and rated high on the walkability scale. Unfortunately, that does go down the further East you go, but most people stay west enough to enjoy the benefits of close-knit communities and friendly neighborhood watches. Of course, you should still keep an eye on your children until they’re old enough to know how to be safe in a city, but a large part of this area is secure enough that you can rest well at night knowing everyone is okay.
Long Island may be a complicated area with a wealth gap that would stun most people, but it has endless opportunities and entertainment options to please anyone. Even if you’re giving it a passing thought, consider looking into property on Long Island more seriously: it’s an investment you may eventually be able to retire on.