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BUYER'S INFORMATION
Tips for Finding the Perfect Neighborhood
The neighborhood you
choose can have a big impact on your lifestyle—safety, available amenities,
and convenience all play their part.
Make a list of the
activities—movies, health club, church—you engage in regularly and
stores you visit frequently. See how far you would have to travel from
each neighborhood you’re considering to engaging in your most common
activities.
Check out the school
district. The Department of Education in your town can probably provide
information on test scores, class size, percentage of students who
attend college, and special enrichment programs. If you have school-age
children, also consider paying a visit to schools in the neighborhoods
you’re considering. Even if you don’t have children, a house in a good
school district will be easier to sell in the future.
Find out if the
neighborhood is safe. Ask the police department for neighborhood crime
statistics. Consider not only the number of crimes but also the
type—burglaries, armed robberies—and the trend of increasing or
decreasing crime. Also, is crime centered in only one part of the
neighborhood, such as near a retail area?
Determine if the
neighborhood is economically stable. Check with your local city economic
development office to see if income and property values in the
neighborhood are stable or rising. What is the percentage of homes to
apartments? Apartments don’t necessarily diminish value, but they do
mean a more transient population. Do you see vacant businesses or homes
that have been for sale for months?
See if you’ll make
money. Ask a local REALTOR®
or call the local REALTOR® association to get information about price
appreciation trends in the neighborhood. Although past performance is no
guarantee of future results, this information may give you a sense of
how good an investment your home will be. A REALTOR®
or the government planning agency also may be able to tell you about
planned developments or other changes in the neighborhood—like a new
school or highway—that might affect value.
See for yourself. Once
you’ve narrowed your focus to two or three neighborhoods, go there, and
walk around. Are homes tidy and well maintained? Are streets quiet? Pick
a warm day if you can and chat with people working or playing outside.
Are they friendly? Are their children to play with your family?
For your information...
I will be adding additional important information to this page to assist you in
making the necessary preparations to ensure a smooth transaction when it comes
to selling your property. Please give me a call if you have any questions or
comments.
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