When you are looking for a new home, the home itself is the number one focus for most home owners. But almost 40% of homeowners said that the reason they are looking to sell their home is because of their neighborhood. Where you live should be just as important as what you live in.
To help to avoid having neighborhood regret down the road, it is crucial to get to know the area you are potentially planning to live in before taking the plunge into buying a home. While you may not be able to change cities based on your job or school, you can always improve your chances of loving your neighborhood before settling down:
#1 What is Your Vibe?
When you drive around the area, you can get a feel or vibe from the neighborhood. It’s important to be honest with yourself about what you are really looking for in your surrounding area; do you want shopping, dining, and entertainment options right outside your door, would you prefer a quiet dead-end street with families riding their bikes in the drive ways, or something in between?
#2 Check it Out!
It’s easy to fall in love with a neighborhood when you have already found a house you like in the area. But to really get to know the area, you need to explore it apart from the house. Walk the streets, talk to people, make the drive to the grocery store and your job and see if this would be something you are open to doing for the next five to 10 years. Google searching an area will only tell you so much so you really need to hit the streets for yourself.
#3 Ask People
Talk to people that work or live in the neighborhood. Speak to people at the bank, supermarket, coffee shop – ask them things that only people who live in the area will know. If you love having a quiet cup of coffee on your patio each morning, the locals will be able to tell you if there is a train that comes through every morning around 6am that will shatter that silence.
#4 Safety and School Info
If you already have kids, the schools are probably high on your priority list already. If you are planning to have kids, it’s important to know these things before it’s time to enroll them. As for safety, it’s always good to know what kind of activity goes on in your neighborhood, not just for yourself, but when it comes to selling your home down the road.
Buying a new home is a decision that has a lot of variables. Where your home is located is one of the biggest and most impactful. By taking these steps to identity your best neighborhood before you by, you can help to avoid buyer’s remorse in the future.