A neighborhood can have a big impact on your lifestyle or investment.
Here are some things to consider:
Determine if it is close to your favorite spots.
Make a list of the activities - movies, health club, dog parks, church, etc., you engage in regularly and
stores you visit frequently. See how far you would have to travel from each neighborhood you’re
considering in order to engage in your most common activities.
Check out the school district.
This is especially important if you have children, but it also can affect resale value. Multiple entities
can provide information on test scores, class size, percentage of students who attend college, and
special enrichment programs. If you have school-age children, visit schools in the neighborhoods
Find out if the neighborhood is safe.
Consult with the police department on neighborhood crime statistics. Consider not only the number of
crimes but also the type - such as burglaries or armed robberies- and the trend of increasing or
decreasing crime. Also, is crime centered in only one part of the neighborhood, such as near a retail
Ask your REALTOR® for information on appreciation trends for the neighborhood. Although
past performance is no guarantee of future results, this information may give you a sense of how
good of an investment your property will be. A government planning agency also may be able to tell
you about planned developments or other changes in the neighborhood - like a new school or
highway- that might affect value.
Make personal observations.
Once you’ve narrowed your focus to a few neighborhoods, go there and walk around during
the week and weekends and different times of day/evening. Are homes tidy and well maintained? Are
streets quiet? How does it feel? Chat with the neighbors.