Ever since Covid-19 put everyone in SA into a hard lockdown at home, there has been a steady increase in the number of people rethinking their housing choices and deciding to make changes as fast as they can. And one of the biggest trends to emerge has been the migration away from big cities to smaller towns along the coast or in more rural settings.
However, there are many factors to consider before you just make the leap from city to country living, starting with the real costs of relocating. “One of the biggest drivers of the current movement away from the big cities is the desire for more living space and more opportunity to take part in family outdoor activities – and the prospect of buying both these things for much less in the countryside.
This applies particularly to those who have children and found out during lockdown that their homes were too small to accommodate everyone’s needs (home office spaces, home schooling spaces, home gyms) when they were all at home together.
And it is true, that home prices are often considerably lower in smaller towns, which gives buyers the opportunity to purchase a bigger property for the same money and often, the chance to get closer to nature too. “We also see quite a number of people now moving from the suburbs to country or coastal lifestyle estates that offer a range of sports facilities and outdoor pursuits.
But it is very important to include several other items in your calculations so that you can determine the real cost of the new lifestyle you envisage. These include one-time expenses such as the legal and transfer costs that apply when you buy a new home, the costs of selling your old home, the costs of moving all your belongings, and the costs of any renovations or upgrades to your new home.
You also need to plan for ongoing maintenance, just as with your current home, and if you are planning to live in a really remote area, you probably need to increase your transport and vehicle maintenance budget. Then if you are moving to a country estate or gated complex, you will need to include the monthly levy.
Other strong motivations for packing up and heading for smaller towns, Kotzé says, include a growing desire among many families to live closer to certain friends or relatives who make up their extended support system and, among younger homeowners and tenants especially, the closure of many of the shops, restaurants and workplaces that used to make city-centre living fun as well as cost-effective.
Many young people just don’t see the point anymore of paying higher rents or home prices for a tiny space in the inner city when they are now working remotely anyway and can probably pay much less for more space somewhere else. That trend has been boosted by the current very low interest rates, which are also making it cheaper for many young remote workers to buy their own home instead of renting, especially if they move out of town.
To make this plan work, though, their preferred location does need to have really good internet and cell phone connectivity, so this is the second most important thing for remote workers to check while planning an “escape” from the city.