Finding the right neighborhood is the key to your happiness in your new home. Once you buy and move into your new home, there is not much you can do about the neighborhood unless you move again. Researching the neighborhood in which you plan to buy is probably one of the most important things you can do. Not only are you buying the home in which you’re going to live, but you will be buying into the local community. Here are a few questions you should ask yourself before you buy your next home.
1. Do you fit in?
You should find out the culture and vibe of the neighborhood of your potential home. Making sure you fit into the culture of the neighborhood is important because the last thing you want is to have small children and move into a house next door to a fraternity. It would be unfortunate for a young couple looking to mingle with locals, move into a neighborhood that is predominantly retired folks.
2. What role does family play in your life?
If you have children or are planning to have children in the near future, you should look at neighborhood’s crime rates, local schools, and size of the properties. Looking for homes that have a decent size and safe backyard for kids to play in will also become a priority. Keep in mind that you may want to expand your home as you expand your family, it’s best to look for areas that will let you add on.
3. Is the neighborhood a good investment?
Before you make one of the biggest investments of your life, you should look into the future of your potential neighborhood. You want your investment to earn the most money down the road. Make sure you’re not buying into a neighborhood that is on the decline. One way you can figure this out is to find out the real estate situation, are people moving out of the neighborhood or are there new buildings and businesses going in?
4. Are you fine with the local rules?
Make sure to learn about any unique rules of the neighborhood, for example, there may be rules prohibiting the permanent parking of motorcycles. If you’re a Harley fanatic this would be a problem for you. Ask your agent about any unusual neighborhood rules or even ask a future neighbor of yours.
5. Is there anything that may annoy you?
This is probably one of the most important questions. Try to identify anything you might think will get on your nerves because something now may not seem like a big deal, but over time, it may really bother you. Make sure there aren’t any nearby farms that produce funky smells or neighbors who have unkempt yards. Look for neighborhoods you can see yourself living in for a long time. Also, trust your gut. If something about a neighborhood doesn’t feel right, consider moving on.