Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community. Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you’ll make in the home-buying process; your choice of environment will affect the way you experience your new home. This is a very personal decision, influenced by countless unique factors colouring your own lives, but you should always keep the following in mind:
1. Sights, Sounds, and Smells
If you’re considering buying a home in a community that is unfamiliar to you, get to know its lay-out, offerings, and ambiance. Take some time to walk or drive through the neighbourhood, both during the day and at night, familiarizing yourself with the sights, sounds, and smells.
Find out if the neighbourhood is safe, especially if you have young children. You can speak with the neighbours again and get their opinion on the safety of the area.
What amenities does the neighbourhood have to offer? Is public transportation readily accessible? Are there schools, churches, parks, or grocery stores within reach? Consider visiting schools in the area if you have children.
4. Job Market
What is the nature of the job market in the area? Keep in mind that if area employers are producing more jobs, you can expect property values to increase, especially if the jobs offered fall within a higher salary bracket.
Speak with the neighbours. Ask questions. They can offer you a wealth of information, from an inside perspective.
How will you be affected by a new commute to work? Drive the route between the new neighbourhood and your office during the appropriate times to gauge the volume of traffic you could expect to encounter, and the amount of time you’d need to put aside for daily travel.
7. Development Plans
Contact local land-use and zoning officials to determine existing development plans or potential for development in the area. A strong agenda for neighbourhood planning and local zoning will increase the value and draw of a neighbourhood. Keep in mind that any large, tree-covered area may be a target for future development in popular communities.
8. Infrastructure Projects
Determine whether financial resources have been put in place to support infrastructure projects in the area. These construction projects might include building, replacing, or improving anything from schools to roads, and are usually part of a city or town’s long-term plan. While disruptive, construction could also be a benefit to your experience of a community, influencing the long-term value of the area.
9. Main Roads
Is it quiet and peaceful, or is there constant traffic going by your house all day long? Some people don't mind the noise, but if you are someone who does, make sure you stear clear of main roadways.
10. Age of the Homes
The age of homes will vary neighbourhood to neighbourhood. Depending on how old the average houses in the area are, you may need to set aside some extra cash for potential fixes or renovations.
11. Public Transit
If you are someone who does not drive, finding out what options there are for public transit in the area is crucial. Are there multiple bus routes in the area? Is there a bus stop close enough to your house?
The best way to find the neighbourhood that is right for you, your family and future plans is by doing research. We’ve outlined 10 things you should look for in a new neighborhood, but it can be overwhelming if you don’t know where to start. That’s why we offer services like our Neighbourhood Guide which breaks down everything about an area so that moving day becomes easier! If this sounds appealing, click on the link below or give us a call today at 403.320.6411.