It is important that the neighborhood you choose to live in is
well suited to you and your family. The following is a list of
considerations and possible problem areas:
Environment
The quality of air, water and soil is a top concern as a polluted
neighborhood can be detrimental to both your health and property
value. Ask your real estate agent, neighbors and local media about
any known environmental issues in the area.
Appearance
The home you are considering may be tidy and attractive inside
and out, but how does it compare to the surrounding area? Explore
the neighborhood, keeping an eye open for signs of neglect (overgrown
lawns, houses in need of paint, trash and junked appliances littering
yards). No matter how diligent you are in the upkeep of your property,
a run-down neighborhood can drive your property value down.
Crime rate
Check with the local police department to find out if the home
you are considering is in a safe neighborhood. Police may be able
to provide statistics regarding break-ins and other crimes.
Schools
If you have children, the proximity and quality of schools is
an important consideration. Talking to neighbors with school age
children can be helpful. In some areas schools will provide data
(such as average test scores) that can aid you in determining
a school's quality.
Transportation
Convenient access to public transportation and/or major highways
can mean the difference between a pleasurable and not-so-pleasurable
commute to work.
Amenities
Amenities like a grocery store, parks, recreational facilities,
post office, dry cleaner and a doctor's office can make life easier
if they are located nearby.
Property Values
By researching the selling prices of homes in over the past decade
or so, you may be able to predict future trends. Your real estate
agent may be able to provide helpful data.
Utilities
Avoid unpleasant surprises by finding out what utility costs
are before you decide to purchase. Fees for water, electric, cable
tv, phone and gas vary greatly by region.
Noise and Nuisances
It can be hard to get an accurate impression of a neighborhood
in just one visit. Be sure to return to the neighborhood at different
times of the day and night. Listen for traffic noise, barking
dogs, low-flying airplanes and any other noises that could bother
you as a resident.