Buying a home is one of the largest purchases most people make. It is an investment of a lifetime and shouldn’t be taken lightly. If you plan to spend the rest of your life in your home, then you certainly want to live in a good neighborhood. Life is filled with the unexpected, but the last thing you want is to feel like a prisoner in your own home because things are highly chaotic in the neighborhood. If you’re a first-time buyer, you want to ensure your home is a good investment. Here are four real estate tips to verify you’re buying in a good neighborhood.
Look at Crime Rates
A big priority may be to keep your family safe. Everyone wants to feel secure in the privacy of their homes. As a result, it is vital to figure out your neighborhood’s crime rates. On the surface, things aren’t always what they seem. A neighborhood might look pretty in pictures, but the feeling changes once you move there.
The good news is there are many ways to review a neighborhood’s crime rates. There are public databases that show crime rates as reported by local police departments and law enforcement agencies. You can also visit sites like Crime Report and Family Watchdog to look at crime reports for your area, and you can find lists of nearby predators>.
What Are the Nearby Amenities?
It’s nice to live in a quiet, and safe area. Yet, you still want access to shopping centers and other amenities. So, take a look at the amenities of the neighborhood. Can you find everything you need in the general area, or will you have to commute to another town or city to get what you need? In addition, determine the state of the healthcare facilities in your area. Should something happen, do you feel comfortable with the medical care offered in your prospective neighborhood?
Are There Independent Retailers?
According to McWhinney, nearby access to shopping, dining, and everyday services, with plenty of recreational trails and open spaces are good indicators that you’re moving into a great neighborhood. Why look for independent retailers? Well, these businesses have already done the market research to justify being near these neighborhoods. So, check out the shopping centers and strip malls for signs of booming small businesses and independent retailers.
Take a Look at the Schools
One major telling factor on whether you are buying a home in a good neighborhood is the schools. This is especially important if you already have children or are planning on starting a family. The closer your home is to a school, the better. But, even more so, it is critical to send your children to good schools so that they can have a bright future. Squirrelers points out that a very good school district, with a great reputation and high test scores, can be a help to a kid as he or she progresses through the grades and ultimately goes on to college.
Now you know what to look for in a potential neighborhood. Do your investigative research now so that you can have true peace of mind later in your new home.
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