Finding the Right Neighborhood

As the old saying goes, the three most importantthe projections for growth or new developments in
facts for selecting the right neighborhood arethe area? What kind of neighbors do you want to
location, location, location. So, what about location? Itlive near? What are the things that are most
is indeed a very important fact in the selection ofimportant for you? Once you have defined the
your new home because a really nice, attractive,criteria for selecting a neighborhood take the next
affordable home in the wrong neighborhood can bestep and look at the homes within the pre-selected
an expensive formula for disaster for you. Theareas. How do they fit with the home you want?
selection process is a critical key step for success.To answer this question, you may first have to
Use your real estate agent and their resources. Theydetermine what style home will you enjoy? Is land
can provide you a lot of very useful information asimportant? Do you want a large lot or a very small
you evaluate your needs and match those needsyard? Is a pool important? What about landscaping?
with the various sections of the city and the homesDo you want a single floor or multistory house? Are
available within these neighborhoods.you only interested in a home or would you consider
So, how do you evaluate your needs? Begin bya condo? Once you determine the answer to this
asking yourself some important questions about yourquestion set, then you must decide if the houses in
current lifestyle and your future, desired livingthe selected neighborhood match your preference
conditions. A summary of the answers to thesefor a home.
questions will help you determine where you mightAs you can see, the selection of the right
want to live in this community and why. Remember,neighborhood involves a lot of careful thought and
this is the time to decide what your criteria will be forconsideration of a wide variety of questions. Since
evaluating and shopping for the right Neighborhoodgood realtors are familiar with the different areas in
for you. Make a list, prioritize, and discuss this withthe community, your real estate agent can be very
your real estate agent.helpful. They can supply you with information about
The following are some questions you may want totaxes, values, future developments, history of home
consider as you look at the neighborhood in general:sales, school systems, and many other important
Are schools important? Do you need to be neardata sets and facts. As we have discussed, there are
shopping centers? How close do you need to be tomany factors to consider when finding the right
your place of work? Is public transit necessary? Howneighborhood. Careful consideration and planning will
much are the school and property taxes? Whatreap satisfaction and success in the selection of your
about resale value? What is the history of homefuture neighborhood.
values for this section of town? What are some of