With cities expanding at immense rates and the need for housing at an all-time high, buyers have been left with no choice but to consider settling down in rather unconventional localities. Such is the case with those that are considering buying a house near a train track. As the decision comes with a myriad of benefits and drawbacks, many of you will be plagued by the question; should I buy a house near a train track?
To help you thoroughly evaluate and make an informed decision, Graana.com, Pakistan’s smartest property portal, features an in-depth analysis of buying a house near a train track.
Pros and Cons of Buying a House Near a Train Track
Despite seeming like an obvious pass, a house near a train track can offer a number of benefits. Some of these may even be enticing enough to forgo the few cons of this situation. So, if you’ve come across an excellent property near a train track, don’t let it slide by without considering both sides.
Pros of Living Near a Train Track
A property near a train track has several benefits to offer. Depending on your situation, some of these benefits might be just what you were looking for. Following are some of the pros of living near a train track.
If you’re on a tight budget, a property near a train track might be the perfect option for you. Since most people tend to avoid living near turbulent places, the values of properties tend to be much lower as compared to other city areas.
If a compromise can be made on the strident sounds of trains passing by, these properties can offer some of the most reasonable prices out there – perfect for those on a smaller budget.
Since train stations accompany train tracks at regular intervals, there is a high probability that your property will be close to a train station. This serves as a substantial benefit for those that commute through public transport.
Moreover, train stations are surrounded by public bus stops, motels, restaurants, and overall well-developed infrastructure. These amenities and services make properties near a train track a good option for regular travellers and commuters.
Another benefit that areas near train tracks offer is better infrastructure. As trains produce much traction in the locality, governing authorities are forced to invest in improving the surrounding areas. This could either mean better facilities and amenities, or a well-developed roadway surrounding the locality.
Cons of Buying a House Near a Train Track
Buying a house near a train track comes with its own set of problems. From the regular blaring noise to a low resale price, these properties offer a myriad of drawbacks that should be thoroughly evaluated.
The incessant rattling and deafening sound of trains are one of the few reasons why buying a house near a train track can be so off-putting. Living near such high-intensity noise pollution can have severe repercussions on your health – both physical and mental.
Train transits during the day might be bearable, but night-time freights are surely an impediment. Regular sleep disturbance can lead to serious sleep-related issues such as insomnia or sleep deprivation.
Low Resale Value
Houses near train tracks tend to favour the buyer’s market, owing to the low demand for these properties. If you are buying a property with the intention of investing and reselling, a house near a train track will be detrimental to your investment.
If you do plan on buying a house near a train track, carefully evaluate your future plans since reselling these properties can be a hassle. From finding the right buyer to getting a good price for the property, the hassle of reselling these properties is just not worth it.
Trains emit an immense level of gaseous waste that is not only detrimental to the environment but also to your health. Given the high quantity of carbon monoxide and sulphur dioxide that trains produce excessively, your respiratory system could sustain severe deterioration.
Since train tracks are generally located on the outskirts of the city, a house near one will surely be far from the city centre. This may seem like a benefit for those that prefer a secluded lifestyle. However, living in a far-off area would also mean giving up on essential services and facilities.
This can be an even greater issue for those that have jobs in the city. Commuting to and from work can take up considerable time, not to mention the higher costs that come with increased distances.
Tips to Consider While Buying a House Near a Train Track
If you plan on buying a house near a train track, you will inevitably have to deal with the drawbacks. However, there are a few workarounds that you can employ to make living near a train track slightly more bearable.
Invest in Insulation – To reduce the incessant rumbling, triple-glazed insulation can be the perfect option.
Buy an Air Filter – Air filters are a great choice to reduce the overall impact of air contaminants.
Study the Schedule – Most trains and cargo freights have a fixed schedule. You can align your routine along with the train’s schedule, ensuring you do not get interrupted suddenly by a train passing by.
Buying a house is a once-in-a-lifetime decision, meaning it should certainly be thoroughly evaluated. If you are considering buying a house near a train track, these pros and cons should be meticulously analysed. However, it all boils down to your personal preferences and deal-breakers. For more information, visit Graana.com – Pakistan’s first online real estate marketplace.