How to Find the Right Neighborhood for You

Annamae Last Updated May 22, 2020 (0) comment , , ,

how to find the right neighborhood

Homebuyers find the process of searching for a house overwhelming. They attempt to checks off almost everything on their wish list. According to real estate professionals, choosing the right neighborhood is the most important factor. Below, you will find some tips on how to find the right neighborhood for you.

Since the neighborhood around you can considerably affect your overall satisfaction in a new home, you should narrow in on your best neighborhood choices before looking for that dream home.

Choosing a home is difficult enough, as you have to weigh many factors, such as size, price, and the number of bedrooms. However, your experience and satisfaction in the new home depends on the neighborhood that you choose.

In addition, knowing the “right” neighborhood for you can often be tougher than finding the best house you are looking for. Here is what you should consider when deciding if a neighborhood is right for you.

 

How to Find the Right Neighborhood (for Home Buyers)

Access to Necessities

When you are choosing a new area, consider all the places that you visit most frequently, such as restaurants. A majority of people will prefer to be close to banks, grocery stores, food options, and places of entertainment.  And if you prefer the outdoors, you may want to ensure you are close to bike and hike trails. Decide which necessities are essential to you and then choose a neighborhood that provides easy access to them.

 

Crime Statistics

Crime statistics are also an essential factor when you are choosing the right neighborhood. The good thing is that the internet is an excellent resource for crime numbers and information. You can use a search engine, such as Google, or Yahoo, to search for crime statistics by neighborhood.

 

Proximity to Schools and Colleges

If there are individuals in your home that are in school or college, you should make sure they would have easy access to their campus. You may have children, or perhaps you are still pursuing higher education.

Keep in mind that even if you do not plan to have children, you can still benefit considerably from buying a home in a solid school district. This is because home values are more stable, and homes tend to sell faster in these neighborhoods.

 

(READ: Things to Consider When Buying Your First Home)

 

Lifestyle

It is worth noting that a couple starting a family will likely want different amenities in their perfect neighborhood compared to empty nesters looking for a slow pace of life. It is important to pay attention to things like open spaces, parks, and trails.

Note that if the community is an HOA (homeowners’ association), you should find out what types of amenities are covered in your dues, like a pool, gym, or clubhouse.

 

Transportation

How long will it exactly take you to get to your workplace or office from the neighborhood you are considering? Will you take public transportation or drive? Keep in mind that regardless of how much you love the new neighborhood, make sure the transportation options in the area meet your needs.

 

Future Development

You can find information on any future development plans at the city hall or via the local Chamber of Commerce. It is crucial to keep in mind that future developments are likely to change a neighborhood, increase traffic and increase taxes, etc. It is better to investigate the potential of the neighborhoods you are considering and then decide if that outlook is suitable for you.

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