We Buy Houses Philadelphia

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Things to Think about when Determining a Neighborhood to buy a House

  • Jobs – look for towns that have good employment.  Jobs = people wanting to live there = good demand for real estate.
    • Be cautious of towns with a single big employer.  Example, Detroit and the auto industry.
  • Development Projects — Any major construction can alter the value of homes close by.  Check with the local planning board to make sure an super highway isn’t about to come through the neighborhood where you are about to make an offer.
  • Amenities – these amenities historically are premiums when people are looking for a house:  Easy commute, public transportation is nearby, cul-de-sacs, tree lined streets, short commute to shopping/ major roads, ocean/lake/mountain view.
  • Comfort / quality — Do you have friends or coworkers who live in the area, or have said good things about it?  
    • Drive/walk the neighborhood different times of days
    • Talk with people you see about the neighborhood
  • Commuting — will you be near the highway, subway or train station you will be using? Is traffic bad? How long will the work commute be?
  • Shopping — Will you have to travel miles to pick up groceries, or is the house convenient to a shopping center?  Will living near a shopping center create unwanted traffic congestion?

January 4, 2011 - Posted by | Uncategorized | , , , , ,

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