Important Neighbourhood Factors

Posted by Gurpreet Ghatehora on Tuesday, July 28th, 2015 at 8:02am.

Important neighbourhood factors, buying houseWhen deciding on a neighbourhood to set roots down in, it’s important that you consider several things. You need to account for your current situation as well as potential future situations, especially if you are purchasing with mind frame that you intend to live in this home for foreseeable future.

Amenities

These are probably the most important and easiest to research on your own without realtor assistance. One thing to pay attention to is the schools in the area. Are they ranked well for performance? Are they within in walking distance or is bussing required? Are there both public and private options? Are elementary, junior high and high school facilities relatively well-located in terms of your neighbourhood?

Secondly, hospitals. Where is the nearest hospital and are they equipped for everything or is it a specialty unit? Is there an alternative nearby – perhaps a walk-in clinic?

Finally, basic necessities. While most people are rather fine with having to drive a few blocks or even to the other side of town to shop at their preferred grocers, it’s still good to know what options are around you. It’s also wise to look into where the nearest gas station is located, and even what banks are represented in the general facility.

The Future

This may be something you have to discuss with your realtor, but it’s good to find out if there are any imminent or pending plans for your neighbourhood. This can include anything from a new school being built, to playground upgrades, permanent advertising being installed or a new strip mall down the street. Something else to look into might also be the condition of neighbouring homes (are any abandoned or rundown?) and if there is any government housing and what the nature of it is. You might also be interested in finding out if homes on your street are also doubling as business fronts (which is ok if the land is zoned for it) because it could increase traffic in the neighbourhood.

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