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How To Find The Right Neighborhood For You
Kat Sellis, MBA
Kat and her team are hard working agents with Real Brokerage, in beautiful East Bay of Northern California surrounded by Napa Wine Country, San Franci...
Kat and her team are hard working agents with Real Brokerage, in beautiful East Bay of Northern California surrounded by Napa Wine Country, San Franci...
Let's face it, your neighborhood is just as important as your house. 🤷♀️ If you're unhappy with your neighborhood it will eventually lead to you being unhappy with your home (something we never want to happen!)
📝 Do your research to determine what a neighborhood has to offer you.
We wrote this post to help explain everything you should be looking at in a neighborhood during the buying process.
Location
Location is everything. Imagine living in an amazing area, but you work over 50 miles away. This will not leave you with much time to enjoy everything that your neighborhood has to offer considering you will be spending most of your time commuting to work. Even though there may be a great neighborhood available 50 miles away from work, that does not mean you need to consider that home unless you are able to work from home. Commuting can be overwhelming and will create a dissatisfaction to the home you purchased.
Location plays a huge factor when it comes to the community and its amenities. If you live in a rural area, you will most likely not find any gyms, retail stores, or things to do. However, if you enjoy the seclusiveness of a rural area, this may work for you. Drive around the surrounding area to see everything that is in proximity.
Interview The Locals
Asking the locals in an area is a great way to see if you would enjoy it there. Locals will know the area best and can make you aware of the perks and issues. Most people love chatting about their neighborhood and where they live.How can you Get involved without physically going to every business or community center?
Facebook.
Join The local Facebook Community group to get a vibe of the neighborhood. You can even ask questions to get real feedback. Asking questions like:
1) I am moving to the area and was curious to hear what some of you love about living here?
2) I am curious to hear what some of the changes you are hoping for in the near future?
3) What is something that you would only know if you lived here?
Schools
Finding A Good School System To Purchase a Home In Is a Smart Idea(No Pun Intended) For Anyone. The home values in highly rated school districts often see the biggest gain in value and have steadier markets.
Property Values
The value of a property plays a huge role on choosing a neighborhood. If your desired neighborhood has high value homes this means higher taxes to provide services in the area. If a home has a declining property value, like we had in 2008, it can directly impact the value of the entire neighborhood. An area that once was a great looking place to live can slowly turn into a run down location in need of some tender, love, and care.
In terms of choosing a home in each respective neighborhood I recommend to subscribe to the old adage of not choosing the most expensive home in the neighborhood.
Property Taxes
Taxes will vary by neighborhoods, so you should definitely consider them when buying a home. Like we stated above with property values, areas that are appreciating in value are also going to have larger taxes. Many cities have specific times of the year where they reassess home values to ensure the local government is getting the proper amount of tax revenue to provide the city with services. Purchasing at the top of your budget can make the excitement of purchasing a home become a nightmare when all your other expenses roll in.
This is why it is important to make sure you consider all the expenses that come with owning a home. We can always help you with any questions you have, so do not be scared to give us a call
Safety
You can look at the local police reports to see what mischief goes on in a specific area. You can even use online resources like crime maps to get an idea of the crime rate in certain areas.
*Realtors cannot discuss criminal Activity With Clients
Bottom Line
The neighborhood that you live in can have a greater impact on your satisfaction than the home itself. The right house in the wrong area will leave you unhappy in the long-run. Research online, speak with locals, and drive around the surrounding area to determine the if the neighborhood is right for you .