Many factors come into play when buying a home and the familiar adage reminds us that “location, location, location” is chief among them. Studying the market value of surrounding homes doesn’t give you enough information to make a solid buying decision. When exploring a prospective new neighborhood, consider the following tips.
Take a wider view: Explore nearby neighborhoods. A nice neighborhood at the very edge of a sketchy neighborhood might not be the best— or the safest—investment!
Dig deeper: The National Association of REALTORS® recommends a search for local newspaper articles about the
neighborhood. Are there environmental hazards in the area or a new shopping mall in the works that will triple the traffic?
Keep coming back: Investment guru Suze Orman suggests returning to the area several times, at different times
throughout the day. Observe things like traffic, freeway noise, and the general vibe of the neighborhood. A great deal can change from sunrise to sunset.
In the market for A home? Call us today & let us set you up with your own personalized website so you can search for homes at your convenience…no hassles!
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