The term “location, location, location” has become something of a cliché phrase in the world of real estate. However, it’s a statement that still holds some weight for people in search of the perfect home. Looking beyond the home itself to the neighborhood can have a huge impact on your quality of life, and the value of the house you get.
Your neighborhood is the community you choose for yourself, the people who can help out by watching over your home when you’re away or keeping you company on a slow weekend. It’s hard to love a house if you don’t love the neighborhood, but how do you choose the right community for your needs? The following tips could help.
Step 1: Become an Expert
The most important step in deciding whether a neighborhood is right for you or not involves learning as much as you can about the space. Becoming an expert on the place that interests you means talking to your realtor and doing your own research. Go online to find out how safe your potential neighborhood might be, and make sure that you spend plenty of time visiting the neighborhood too.
Get a feel for the location by visiting regularly, walking around the blocks, and spending plenty of time in coffee shops and restaurants. You can even knock on doors around the home you’re thinking of buying and have a chat with the neighbors if you’re feeling brave.
Step 2: Decide Whether it Suits your Lifestyle
Before you begin house hunting, consider your needs and lifestyle. For instance, what’s your current way of life, and what kind of lifestyle would you aspire to? Will the neighborhood support the kind of world you want to live in? It’s helpful to start your search for a new home with a good idea of the values and needs you want to adhere to.
For instance, ask yourself whether you have children or you’re planning to have them and if there are any nearby areas where they can play. Consider whether you’re looking for privacy and quiet above all else, or whether you like to be in the centre of the action. Before you speak to our friends over at Bellhops Moving in Raleigh, it’s important to make sure that you’re moving your belongings into a place where you’re going to feel safe and supported.
Step 3: Remember to Consider Market Conditions
Finally, while surrounding coffee shops and a lovely park that the kids can play in can be huge factors drawing you to a specific neighborhood, for most buyers the decision of what to buy will come down to affordability and budget. Buying a home is a huge investment, as well as a personal and emotional decision. It’s important to make sure that you’re spending your money wisely, so research the neighborhood to get a better understanding of property values and market trends.
Working with a real estate agent who feels familiar with your chosen neighborhood can be helpful. In some cases, they’ll be able to give you market reports and other information that let you know whether property values have been declining, or whether they’re on the rise. Remember, choosing the right neighborhood might seem tough, but it’s an important way to make sure that you start life in your new home with confidence.
This post was written by our friends at Bellhops in Raleigh, NC. Check out their website below to view their services, get a quick estimate, and discover their simple pricing and payment options.
The image used for this post can be found on the Bellhops website.