How Important is the Neighborhood when Buying a House?

A home is not merely a structure that you live in, it is a culmination of the area, location, and people around you. Indeed, good neighbors are a blessing and they do make a difference in the quality of your life. Normally we think that the value of a place increases solely because of the location, but the truth is that there are several other factors that contribute to the overall value of a home.

A great community can make your life comfortable and secure, and such communities are always created because of the neighborhood. Most people buy the property and pass on the rent or lease. In this situation, good neighbors become an amazing asset not only for your property but also for your reputation and business.

Transportation

If you have your own car, then you want to be sure that the roads are well kept in your neighborhood, and that there is sufficient parking spaces for you and the other members of your family. How close public transportation facilities are is extremely important while choosing the location of your house. The last thing you want is to take hours commuting to and from work on a daily basis just because you picked a house that was in the middle of nowhere, or with roads filled with potholes. 

Amenities 

There isn’t a person in this world that doesn’t dream about investing in their own home. However, it’s not enough to just have a well-constructed structure. If you choose a neighborhood that has absolutely no resources, then it’s going to make your life that much harder. If you live in Canada, for instance, and you’re searching for the perfect home, it’s important that you find yourself a reliable realtor first. Experienced realtors suggest that if you would like to find the ideal Edmonton house for sale, then always find out what kind of services are available close by so that you don’t have to travel long distances. This means things such as a pharmacy, grocery store, schools, and a hospital, amongst other numerous services that make one neighborhood trump over another. This is not something that you may pay attention to initially, but you have to prioritize it, as the image of a beautiful home doesn’t do much to make up for convenience. You want to be able to get what you want at any given time without having to go long distances for it, or to even leave the house at all in many cases.    

Crime Rate

The crime rate in the location is another vital aspect to focus on. Naturally, you want your home to be the place where you and your loved ones feel safe and secure, regardless of whether it’s late or not. When you live in a good neighborhood, the neighbors look out for each other and even form committees to ensure that the level of security is always at its best. They ensure that there are police always patrolling the area, and sometimes take night watch shifts themselves. When you invest in a home that is in a crime-free neighborhood, you’re not just buying into security alone, but also into an increased value to your property, should you ever think of selling it later on. It’s a horrible thought to have that the one place you’re supposed to feel safe in, can be at risk of attack at any time, so this is one of the most important factors when it comes to picking the right neighborhood. 

A Sense of Community

Regardless of whether you’re a socially active person or not, just knowing that you have neighbors that you can trust and rely on is a big deal. There are sometimes circumstances or emergencies that come up, and it helps to have people around you that will always have your back. Neighborhoods that are more actively involved with one another tend to have more activities, are able to keep their areas clean, and have a stronger presence when looking to make changes to the neighborhood to only make it safer and better. 

When looking for the home of your dreams, it’s important to note that the location alone is not what you should be focusing on. The neighborhood holds just as much value, if not more. As mentioned in this article, there are a number of factors that come together to create the perfect neighborhood. You want convenience, a sense of security, safety and cleanliness. You also need to be smart and think ahead, in case you might want to sell this home later on. If you Purchase a property within a good neighborhood, that alone picks up the value considerably.