The one requirement that is at the top of every homebuyer's list is convenience. But, convenience is a very subjective term and would mean different things for different people. Some feel that it would be more convenient to live on the main road in terms of finding public transport, while some others would prefer buying a home away from the main road.
Purchasing a new home is a big decision, one that would not only affect your present life but your life in the long run, too. If you're planning to or are considering buying a house by the main road, there are a few things you must consider.
Advantages of buying a house on the main road
Easy access
A house on the main road is easily reachable. Residents enjoy the advantage of proximity to civic and social infrastructure like schools, hospitals, shopping complexes, hospitals etc.
Availability of public transport
The main-road house also means that one can easily find public transport since most facilities like bus stands, rickshaw stands, taxis etc. are on the main road.
Security
Contrary to what most people think, houses on the main road enjoy enhanced security. These roads are generally always well-lit as compared to by-lanes which may or may not be regularly maintained. Moreover, the roads are always crowded due to the presence of shops, taxi stations or bus stations. Another added advantage is regular police patrolling.
Well-maintained
Often, people staying in residential complexes complain about the lack of maintenance or lack of waste disposal provisions. But, main roads, in comparison, are more maintained, especially in terms of street lights and cleanliness.
Discounted prices
Since most people still have inhibitions about buying a property on the main road, you would often find that main-road houses are on sale at a discounted price.
DISADVANTAGES
Lack of privacy
One complaint that residents of main-road houses usually have is there's a serious lack of privacy, especially for those living on the ground floor. There is a high chance that people passing by can look into the houses.
Parking constraints
Without a stilt parking or any other parking facility, residents could face serious parking issues. There would always be a risk of blocking the road through haphazard parking. Some residents also feel hesitant about parking their car unguarded on the main road.
Pollution
Living by the main road means being a victim of the constant beeping of horns, and the dust caused by vehicles racing by.
Lesser Resale Value
If it is true that main-road houses are available for sale at discounted rates, then it would also mean that these houses have a lesser resale value as compared to houses within colonies or in by-lanes.