Buying In A Neighborhood That Is Ideal For You

Dated: 07/28/2014

Views: 789

The right neighborhood helps your home hold value and makes it easy to sell when you have/want to move.  Make a list of what you want and do not want in a neighborhood and shop for the “wants”.

Only you know what is ideal for you. Go into your search for a new home armed with good information.
Here are some ways to determine that you are buying in the right neighborhood:
•    Become an expert on the neighborhood that interests you.  Really get a feel for it by attending open houses, walking the streets, spending time in the coffee shops and restaurants and visiting local points of interest.
•    You see improvement being made in the area.  During nice weather months look for painting, re-roofing, replacement windows, new fences and decks being installed.  This shows that the homeowners have pride in their homes.
•    Attend a neighborhood block watch meeting.  If the neighbors are organized, that shows a sign of a tight community.  Also, subscribe to the neighborhood newsletter.
•    There is easy access to public transit.  Check to see that bus stops, rail lines and subways, if available, are all within easy access.
•    Be sure crime statistics are low. City police department websites often publish them.
•    Check the school test scores.  If the school test scores are strong, home prices are high.
•    Visit your target neighborhood during different times of the day.  To get a realistic picture, return at night, on weekends and in the middle of the day during the week.
•    Make sure that the neighborhood will suit your needs to at least five years.
 
•    Look for signs of good change coming.  Is there major economic development or a large-scale employer moving into the area?  These are signs that good things are coming to the area.
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Sam Lepore

Sam Lepore is a Realtor with Keller Williams in Moorestown, NJ. Call him today at 856.297.6827 ....

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