How to Choose the Right Neighborhood

1
How to Choose the Right Neighborhood

• Here well touch on a few important
  considerations that should be weighed in on to
  make sure a home and its surroundings will meet
  your emotional and financial expectations.

2
Consider Property Taxes

• Consult with a Realtor to determine if that extra
  200 to 300 each month, on top of the mortgage
  payment, is what you can comfortably afford.

3
Consider Potential Neighbors

• If your potential neighbors are like-minded and
  demonstrate pride in their homeownership, your
  home will increase in value and remain very
  marketable if, and when, you might decide to sell
  down the road.

4
Consider Schools

• If a nearby school or schools are in a
  neighborhood you have tentatively chosen,
  consider whether or not you want to live in an
  area where any number of children may reside.
• Overall, well-kept homes in areas with schools,
  in close proximity, tend to hold their value
  better than similar homes far from school
  surroundings.

5
Consider any nearby Transportation

• If you rely on or just, plain desire the
  efficiency and convenience of public
  transportation, then make every attempt to find a
  neighborhood that is conducive to making itself
  available to the type of transportation that will
  get you where you need to go in as little time as
  possible. 
• Depending on the neighborhood, public
  transportation in the neighborhood can increase
  the value of property in the area.

6
Consider Your Lifestyle

• If you love the idea of being embedded where the
  action is, then finding a neighborhood close to
  retail shops, cafés, restaurants and other
  public gathering spots should be a consideration.
• Homes that are in the middle of or close to what
  people crave will always cost more due to supply
  demand.

7
Consider Your Future

• If you have a neighborhood in mind, visit it
  multiple times, especially during the day as well
  as on weekends and get a feel for not just the
  physical layout of the neighborhood, but for the
  people you might be living beside, as well. 
• If there is anything about a neighborhood that
  falls short of your expectations in any way,
  dont settle just because the idea of buying a
  home feels incredibly exciting at the moment.