Tips for picking a good neighborhood
In Real Estate, one of the most common questions that many buyers will have is how do I choose the right neighborhood when buying a home? Thankfully, the answer to this question is easier than you think and can be broken down into three steps.
Step 1 – Examine the Crime Rate for The Neighborhood
The first way to choose a great neighborhood when buying Real Estate is to examine the crime rate in the neighborhood because, you want to know the safety aspect of the neighborhood where you’re going to be buying a home, especially if you have a family, since you want to have confidence that when you send your children out to play, they will be safe.
To view the safety aspect of the neighborhood where you plan on purchasing a Home, you can view police websites, census reports, and tons of other information online and many websites have information submitted by actual residents of the neighborhood so you can have confidence that it will be the right neighborhood for your family.
Step 2 – Review School Information
Learning more about schools in a neighborhood before you buy a home there is important because, not only do you want to have confidence that you’re going to be sending your children to great schools, you also want to have confidence that those same schools will be attractive to home buyers in the future if you do decide to sell your home since school quality in a neighborhood will affect home values.
To view school ratings for middle schools, elementary schools, and high schools in the area you plan on buying a home you can use websites like greaterschools.org or Google search.
Step 3 – Examine the Development of The Neighborhood
Last of all, but most important, another vital aspect of choosing the right neighborhood when buying a home is to examine the development of the area.
If homes in the neighborhood were built between the 1950’s and 1990’s, this means that the neighborhood is already established and development has ceased but, if the home is new and more new homes are still being built in the area, there’s growth potential for growth and the possibility of the value of your home increasing even more than the value of other resale homes in the coming years.
Learn More About How to Choose the Right Neighborhood
For more information, how to choose the right neighborhood when buying a home, or to view homes for sale in southern California, contact Fred Sed Realty today by calling us at 800-921-9231 or connect with us online.