Whether you’re a first time homebuyer or renter or simply looking to move to a new location, finding the perfect neighbourhood can be a serious source of anxiety. Where you reside will have a direct effect on your quality of life, so it is important to find a neighbourhood that suits all your needs.
Here are 5 important things to consider when searching for the perfect neighbourhood:
1. Safety
The first thing that often comes to mind when people consider moving into a new neighbourhood is safety and rightfully so. No one wants to be in a neighbourhood where they live in constant fear of being attacked or robbed. Therefore, it is imperative to obtain up-to-date crime statistics for the neighbourhood you are considering and avoid it as much as possible if crime rates are found to be high.
2. Extra Expenses
This is a factor which many do not pay attention to; especially first time home buyers. The taxes and other expenses associated with neighbourhoods will decrease or increase depending on the neighbourhood that you choose. Neighbourhoods with highly priced homes, also means that the property taxes on these homes will be higher. Furthermore, you may have to incur homeowner’s association fees if you moved into neighbourhoods with condos or country clubs.
3. Good Schools, Amenities and Recreational Activities
Each of us have a different lifestyle and so we all have different needs when it comes to the amenities and recreational services we want to have access to. Pay attention to the availability and proximity of amenities and activities that are important to you and your family, like swimming pools, parks, golf courses or night clubs – if you’re looking to party! Additionally, for families with kids and teenagers, the proximity of good schools can make a difference in the quality of education your child receives.
4. Conveniences and Inconveniences
Consider how convenient the neighbourhood is in terms of proximity to your workplace, grocery stores and shopping malls. Driving miles and miles every day to get to work can cost a lot of time and money in the long run. You should also consider other conveniences, like the presence of sidewalks or corner stores. On the flip side, you want to pay attention to any inconveniences like annoying noises or smells that are permanent and unavoidable fixtures in the neighbourhood.
5. The Neighbourhood’s Future
Lastly, before making your decision on a neighbourhood, you should inquire about any city plans for development that may be in the works and that can significantly change the neighbourhood after you’ve already committed to it. Even if the neighbourhood may seem like a good fit right now, if there are significant changes in the near future that do not suit your needs, you will just find yourself having to move once again!
If you pay attention to these 5 important things, you should not have any issues finding the perfect neighbourhood to settle and enjoy life in!