Evaluating Homes And Neighborhoods
LOCATION!! LOCATION!! LOCATION!!
This is a bit of an overstatement, it is true that the location of your home is important from both a buying and future selling standpoint.
Recent studies indicate that by a 2 to 1 margin, potential home buyers will sacrifice features in a home to live in a move desirable neighborhood. As you begin your search for a home, you will need to identify neighborhoods in your area which you would prefer to live.
One Way to evaluate neighborhoods is to think about the conveniences that are important to you. Some people want to be near their place of employment, churches, or shopping centers. For others, schools, parks and recreation, or restaurants and nightlife may be more important. Still others may need to be near public transportation, or have good access to highways or Interstates.
Everybody is different. Your ‘desired home’ may be a single family house in a suburban subdivision or a multi-family unit in the heart of the city! However, there are several things that almost everyone looks for; adequate police and fire protection; reasonable property taxes; and well- maintained homes in the area.
No matter what you have in mind for your ‘desired home’, you should ask yourself two specific questions. First, “What kind of home do I want?” and second, “Where do I want it to be?”