Choosing a new house is a big deal, but so is choosing the neighborhood. You might find a great house but is the neighborhood going to fit your needs. There are a lot of things to consider when buying a new home especially when children are involved. The neighborhood is where your children will play and will decide what school they attend. If you need help deciding where you should live we hope this blog will give you some helpful tips.
What to know when deciding on a neighborhood:
- What are the property taxes?
- What is the crime rate?
- What is the school zone?
- What is the area property value?
What are the property taxes?
You will want to be aware of the property taxes in the area you are looking in. Why? Because the amount of property tax you are paying for your home will affect your cost of living. You don’t want to just focus on the house itself but everything that comes along with it.
What is the crime rate?
Depending on where you are in your life, the crime rate may be important or it may not. It is your responsibility as the buyer to do your research about the city, neighborhood, crime rate, and if there are any sexual predators living in the area you are looking at. If you have questions on what sites are best, ask your agent to point you in the right direction to find the information you are looking for.
What is the school zone?
If you have school aged children this is important. If you have researched schools and know where you want your children to go, you shouldn’t waste time looking in areas that don’t fit that need. The last thing you want to do is find a house in an area that you love, but that doesn’t fit your needs for school. Location is important.
What is the area property value?
You will especially want to know the area property value if you are thinking about resale. Has the area increased in value over the last few years? What are other homes in the area selling for? Are they building new homes? Are they remodeling? You want to see continued growth if you want your home to rise in value over the years.
We hope that we helped shine some light on why you should choose a neighborhood that’s right for you. If you have any additional real estate needs, be sure to contact one of our expert agents today.
