Buying A Home – Researching Your Future Neighborhood


Published on November 7th, 2012

Location – Location – Location – Buying A Home – Researching Your Future Neighborhood

Before you purchase a home don’t forget to do one of the most important tasks; research your future neighborhood. This is so important, why? you ask, well, the future value of your home is tied to what happens in it’s neighborhood and the surrounding area.

As many have found out, something as simple as a new road or as aweful as a sewer treatment plant being built nearby can have a dramatic impact on your home value. You’ll also want to research the city for crime, schools and other local info.

Go to the City and ask questions, ask for the city planner or staff and show them where the house is and ask what plans there are for development, zoning and projections for roads. Or you could find a real estate agent who is works in the area where the home is and knows what is going on there. Ask your questions and ask if he/she goes to city plannings meetings.

Drive around in the neighborhood. Go at night when people are home, look for things that you like and also notice things that you don’t like. Look for police cars and trash and graffiti. Do the homeowners take care of their yards? Ask yourself questions about the convenience of the neighborhood, proximity to shopping and schools. During rush hour drive from the potential new house to work and back and see how long it takes.

Talk to the neighbors, let them know you are considering moving to the neighborhood and ask them if they could provide any insight.  Ask them how they like living there.  Go to the schools (if you have children) and observe them and ask questions about what the offer, this is a great way to get a sense of a schools character.

Go to the city’s official website. Here you can find all kinds of info, from crime statistics to recreation for your potential new neighborhood.

Making decisions based on the information gleaned through your research will assure you that you have done your best to find a great home in a great location.

Read More Buying or Selling Your Home.

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