Three Things to Consider When Choosing a Good Neighborhood
There are several factors to weigh when buying a home, but one of the most important is the neighborhood. Whether you prefer to live in a lavish neighborhood or one with more suburban roots, there are a few factors you’ll want to make sure you don't overlook.
Proximity to Work and Social Locations
Many people preparing to purchase a new home underestimate the daily commutes they will be making. Keep in mind that visiting a neighborhood in the middle of the day won't give you an accurate portrayal of commute times during rush hours. While a nice home in a beautiful suburb seems ideal, you may want to reconsider purchasing the home if you're going to be spending several hours getting to and from work each day.
Consider your own social life and whether the neighborhood is conducive to that. A young couple who enjoys venturing out frequently may feel constricted living in a neighborhood that is geared toward older generations. In contrast, if you want to start a family, you may not feel as fulfilled living in a community that is primarily made up of young professionals or college students.
Neighborhood Crime Rates
Look up the crime rates and safety features of a neighborhood. Inspecting the surrounding homes can give you an idea about potential neighbors, but it’s also a good idea to walk around and talk to the local people. You can also find out about neighborhood watch programs and if there is police presence in the neighborhood or town.
Verify Neighborhood Information
Many people looking at homes for sale often neglect to verify information they gather on a potential new neighborhood. Confirm data gathered from co-workers and friends who say the area has good schools and low crime rates. Check out statistics and ensure that a potential home is indeed within the radius of a desired school. This can ensure that you don’t have any unpleasant surprises down the road.