Know the Neighbourhood...Before Buying

Getting To Know The Neighborhood Before Buying A Home

There is a reason the term “location, location, location” is used so commonly within the real estate industry.  The location of a property is one of the most important considerations when selecting a home, as it will affect the value of your home, your day-to-day life, and even your own and your family's safety.  So what can you do to find out a little about the area in which you are considering a home purchase, and what in particular should you be looking for?

Know Your Needs

The biggest obstacle to finding a home in an area that can meet all of your needs is not knowing clearly what those needs are.  While it may be nice to live near the lake, or by your favorite restaurant, what is it that you and your family will need and want in order to have an enjoyable and functional lifestyle? Facilities such as grocery stores, good schools, and community centers may be necessary for families, whereas access to theaters, good restaurants, and a vibrant nightlife may be important to young professionals. Also consider if you want to have to drive or take transportation everywhere, or if you would prefer a walking community. 

Get The Info

When searching for your dream home, knowing where to look before starting out can help make the task easier and faster. So before getting started with the house hunting, do a little neighborhood hunting first.  There are a number of resources online, from municipal Web sites to forums, that you can use to find out about prospective areas that may be right for you.  Contacting a real estate agent is also another great resource in finding an area that can meet your needs.  Ensure that the Realtor you choose is very familiar with the areas you are interested in and you will save yourself time and money. 

Check It Out For Yourself

All the research in the world can never replace experience, and if you are planning to purchase a home you will want to be sure the location is right before making what will likely be the biggest investment of your life.  Taking a walk in the area, trying out the local facilities, and getting to know some of the locals can really help you to determine whether the area will be a fit for you and your family.  Try going to local restaurants, grocery stores, community centres,  and talking to the staff.  Let them know you are considering moving to the area and they will likely be happy to fill you in on everything they know.  You may also want to check out the area at different times of the day, or even the year, if these are considerations that may affect your happiness in your new home.

A little extra work can really mean not only choosing a home that is right for you, but making sure it is in an area that can meet all of your needs.