Choosing The Neighborhood For Your Home

Dated: 09/17/2014

Views: 611

Buying a home is an investment in the neighborhood as well as the house. In fact, the character and amenities of the neighborhood may be as important to the property value as the house itself. No matter what kind of neighborhood you’re looking for, it's important to know its history and future when you decide to buy. Here’s what to research:
 1. Recent sales – Find out if the market is slow and what homes have been selling for.
 2. Homes now for sale – What homes are listed in the area, and are they listed above past sales? This will give you a good idea of the area's overall market value.
 3. Home appreciation – Historical data on sales gives the best indicator of a neighborhood's potential. Are homes appreciating at 3%, 5%, 10% or higher every year?
 4. Schools – School scores and district boundaries are very important to research before moving into a neighborhood. The closest school is not always in your district, and school scores reveal if a neighborhood is invested in the schools' success.
 5. Crime – Get the hard facts about any problems in the neighborhood -- don't depend on anecdotal information.
 6. Demographics and growth – Find out how the area is growing and changing.
 7. Community – Learn about neighborhood features, such as public schools, shopping areas, parks, commuting options and more.  You’ll find that the more you know about the neighborhoods you’re considering, the easier it will be to narrow your search for your new home.

 If you have more questions about buy a home for the first time, please feel free to call or email me directly at: Chris Bianco
 (602) 291-2090
 cbianco@civiccenterrealty.com
Blog author image

Chris Bianco

I am the Broker Owner of Weichert Civic Center in Scottsdale, AZ. As a lifelong AZ resident, I live and work here, am raising my family here and understand all things Arizona. My firm lists and sells....

Latest Blog Posts

Getting Ready For Spring Training

We have a client that did a beautiful remodel in McCormick Ranch. He asked if we could help him get it rented out for Spring Training. Having some connections in the baseball industry, I quickly

Read More

Jen And Her Dad Jack

Glad we could help!!When Jen came to us to sell her dad’s house we were glad to help.  We met at the home and gave her some advice and hints to help her maximize her sale price and to the

Read More

Congrats Joan

Congrats to Joan & Scott!It took some convincing but Scott let us List his mother’s home when she had moved on to an assisted living community. Scott had tried for some time to sell it as a

Read More

Coming Soon

We are so excited to have the opportunity to work with Dave & Michele. Several years ago they bought a really great condo in the Desert Ridge area for their daughter. Their Daughter has since moved

Read More