Questions to ask when you are choosing your neighborhood
How are you getting to work?
When deciding on which neighborhood is right for you, it might be a good idea
for you to figure out the distance between your potential neighborhood and your
workplace. Then consider how much earlier you are willing to wake up every
morning to get to work. How much traffic do you wish to endure? Would you rather
take public transportation? Asking these types of questions may help you narrow
down your search when choosing your neighborhood. You may find that homes within
a suburban neighborhood may be cheaper, yet still impractical for your family
because of its distance from your workplace. Play around with google maps to
see what freeways or public transits are connecting your neighborhood to your
Have you looked at the housing market in the neighborhood?
Homebuyers should take a look at the housing market when choosing a
neighborhood. It is always favorable for homebuyers if the housing market shows
that there are more homes for sale in the area than there are buyers looking. A
buyers market may indicate that the sellers are having a hard time getting rid
of their homes; thus, it may be easier to negotiate a lower home price. Also,
you might want to look into the neighborhoods price appreciation rate just to
make sure that the value of your potential property has not been depreciating.
You always want to make a lucrative investment.
Where will your child be educated?
If you are a parent, look to see what school districts are servicing your
potential neighborhood. Are they award winning school districts or are they
low-achieving schools with insufficient funds? Perhaps you can look into the
standardized test scores of the students in the neighborhood as well. You might
find it useful review the neighborhoods schools by looking up its District
Overview which contains information such as student enrollment rates,
expenditure per student, etc.
Have you checked the neighborhood's crime rate?
Homebuyers should find out the crime rate of the neighborhoods they are
interested in, not just because it is nice to feel safe in your own home, but
also because the local crime rate has an impact on the price of your homeowners
insurance policy. Try to visit your potential neighborhood and look for
indicators that may make the neighborhood undesirable to you (e.g. graffiti,
Is there too much "noise pollution"?
Stop by the neighborhoods you are interested in at various times of the day.
Check to see if the neighborhood is next to a noisy freeway or railway. Take the
time to walk around and get to know your potential neighbors. If you are a
sensitive sleeper, you might want to know if you are moving into an area known
for its wild parties.