Home buyers are typically advised to put at least 20% down for a mortgage. Coming up with that amount can seem almost impossible if you have little to no money left over after paying bills each
3 Key Ways That Driverless Cars Are Going To Reshape How We Design And Use Our Homes
Are you ready for the coming shift to driverless cars? While it might seem like some sort of futuristic vision, the truth is that driverless vehicles will be on the road within a few short years. Let’s explore three key ways that driverless cars are going to help to shape how we think about our homes in the very near future.
#1: Goodbye, Garages
It might seem a bit strange to think about now, but many people are likely to get rid of their cars entirely. Car ownership is expected to shift to entrepreneurs and services who offer vehicles for on-demand use. We are already starting to see this transition take place, especially with city dwellers who are becoming familiar with Uber, Lyft and other ride-sharing services. So, if you do not own a car, having a garage attached to your house does not make much sense.
Consider the many uses that a family can get from the space currently occupied by a garage full of cars. Your house footprint can be that much bigger, or you can convert that area into more yard space.
#2: Get Used To Smaller Streets And More Efficient Land Use
The second significant change you are going to see is a complete re-imagining of how we design and use our streets. Fewer people will own cars that need to be parked along the side of the street. Also, self-driving cars can move elsewhere for storage when they’re not needed. This combination will allow city planners to thin streets, freeing up land use for bike lanes, boulevards or larger yard areas. If you are the type that enjoys having a beautiful big front lawn, the coming shift to driverless cars will benefit you.
#3: More Space Means More Green Space
Finally, expect to see a lot more green space around your house in the future. You will have more space for landscaping, flower beds, gardens, trees and other yard fixtures. Even if you do end up owning a driverless car in the future, it’s likely to be electric. The most substantial commitment you will need to make is either a charging plug and wall fixture or a large ground pad that the car sits on when it needs to top off the batteries.
There are few who doubt that driverless cars are going to cause a major shift in how we live, work and move from place to place. If you’re looking to take advantage of this shift when you buy your next home, contact us. Our team of mortgage professionals will be happy to help you.
For More Info Visit: http://www.bondstreetmortgage.com
Jessica Rojas is an extremely dedicated and committed real estate agent who has been working in the Real Estate field since 1997. She became a licensed real estate agent in 2009 as a sales associate ....
Latest Blog Posts
How To Manage Investment Property While Working Full-Time In 2017, upwards of 75 percent of independent rental property owners in the U.S. reportedly worked another job on top of being a landlord.
Last week’s economic reports included the post-meeting statement by the Fed’s Federal Open Market Committee along with readings on retail sales and inflation. Weekly reports on mortgage rates