Why do so many people choose to buy a home in the Madison area? Below we share some of the big themes that we keep hearing from our home-buying clients year-after-year. Some of these reasons are due to the attractions and reputation of our region, while others are more personal and are all about individual circumstances and matters of the heart.
Top 10 reasons for buying a home in Madison
#1) Quality of life
The city of Madison has established a national reputation for being a great place to live, and for a host of reasons. Our lakes, parks, bike trails, festivals, restaurants, entertainment venues, the arts, and the many educational opportunities that are available through the University -- all of these are big draws to the Madison area.
#2) Alignment of values
Our local culture is known across the country for valuing education, healthcare, philanthropy, the arts, the environment, and sustainable living. These and other community-oriented values attract people from all over the country to Dane County.
#3) Career and economic opportunity
Madison and Dane County are home to some major employers with great-paying jobs. Epic Systems, Promega, Exact Sciences, American Family Insurance, and the University of Wisconsin, to name just a few. Job opportunities and economic advancement are two huge reasons why many choose to relocate to Madison.
#4) School
Apartment rents continue to rise, which makes buying a home or condo an appealing option for both graduate and undergraduate students who enroll at the University.
#5) Friends and family
Over the years we've worked with dozens of clients who have moved to Madison in order to be near friends and loved ones. It seems grandparents, in particular, will do nearly anything in order to be close to their grandchildren.
#6) A new version of family
Marriage, divorce, the birth of a child, the blending of families, and the formation of the multigenerational household -- all of these are common family events that often precipitate a move.
#7) A new season of life
Entering the working world, advancing in a career, and easing into retirement -- a change in focus or lifestyle very often leads to a change in address, too.
#8) The dream of homeownership
The American Dream is alive and well and is still a rite of passage for many, as we continue to assist dozens of first-time home buyers each year.
#9) Building wealth
Owning real estate is a time-tested way for building wealth and passing wealth on to our future generations. For many systemic reasons, we believe Dane County real estate will prove to be a great long-term investment for decades to come.
#10) Climate
More and more we're hearing from buyers who are choosing to move to Madison due to the impact of climate change in the west and southwestern parts of the country. Unfortunately, we're expecting climate-related moves to be a growing trend.
Do you know someone who's considering a move to the Madison area?
We would love to help your friends and family learn more about our local real estate market and the many wonderful communities and neighborhoods in the Madison area. Just have them reach out to your favorite Mad City Dream Homes realtor for a helpful conversation. We'll give them all of the time, attention, and expertise they need to prepare for a successful move.
