There is a lot to consider when buying a home. What neighborhood do you want to live in? How much can you afford in mortgage payments? What is your budget for a down payment? What house style and architecture do you like? What are your requirements for natural lighting, outdoor space, a big backyard, proximity to work…? The list goes on.
But for many Colorado home buyers, commute time is one of the biggest factors when choosing a location. According to the National Association of REALTORS®, 73 percent of home buyers consider drive time to work as a key buying criterion.
Why Commute Time Matters
When your home is too far from work, it can impact your lifestyle negatively. Instead of enjoying your new neighborhood, you may spend extra time sitting in your car during rush hour or over long distances on your commute.
Calculating commute time is not as simple as looking at total distance. Most home buyers search for homes within a certain distance from work, using distance as a stand-in measure for commute time. However, there’s a tool that can help estimate commute time from home to work accurately to assist with your home search: INRIX Drive Time.
REcolorado was the first MLS in Colorado to provide prospective home buyers the ability to search for and compare homes on the home search site based on actual travel times in traffic, rather than distance.
How to Calculate Commute Time
INRIX Drive Time is freely available to registered users of REcolorado.com. If you have not registered for a My REcolorado.com account, you will be prompted to do so. Your My REcolorado.com account lets you save information to quickly access saved searches and listings.
To use the Drive Time tool, simply look for the “My Drive Time” box to the right of any home listing on REcolorado.com. INRIX Drive Time tool will automatically generate a graph on each listing that shows how that time varies by different departure times throughout the day.
You can also perform a custom search using INRIX Drive Time. Potential home buyers simply enter your work address, preferred time of day, and desired length of commute into the INRIX Drive Time search box. Add any other search criteria, including price, bedrooms, bathrooms, etc., and see Colorado home listings that within your desired commute time.
INRIX Drive Time Tool
The INRIX Drive Time tool offers drive time estimates based on traffic conditions throughout the day for every day of the week. To learn more about this tool, watch the INRIX Drive Time video below: