Your home’s neighbourhood is an essential part of it’s value, both in terms of money and lifestyle. It’s important to consider any neighbourhood as seriously as you consider the property itself. Here are just a few tips on how to find your ideal neighbourhood.
1. Think Long-Term
Are there any upcoming projects or developments happening in the area that will entice people to move to the neighbourhood? If so, you’ll want to know about them. Buying a home in an up-and-coming neighbourhood will help appreciate your home’s value at an above-average rate. Think about the upcoming things that you will use and make your home increase in value. These could be nearby public transit stops, schools, or especially in Edmonton, arenas and entertainment districts.
2. Look to Your Own Lifestyle
Why will the home make your life better, particularly its neighbourhood? If you like going to the gym, for example, consider the nearby facilities. You’ll want to live nearby the things you love, so consider what’s important to you and seek out a neighbourhood that matches you. It could be a trendy place nearby Whyte Avenue or Ice District, or a quiet neighbourhood on the city’s south side.
Commute times are also a big part pf considering your lifestyle. Shorter commutes mean you’ll be home faster every day, and get to sleep in a bit more, but these homes can often be smaller and more expensive. Think about your career and what kind of commute is ideal for your lifestyle now and into the future.
3. Consider Your Family’s Needs
Schools, libraries, recreation centres, and other facilities that your children use should factor into how you think about a neighbourhood. If you have a family or are planning to, be sure to look for a neighbourhood that offers what you want. This is often a community development that’s in a safer part of the city, but could also include areas with great access for you and your family.
4. The People
Your next door neighbours don’t have to be your new best friends, but they should be people that you can talk to about any shared concerns. It doesn’t hurt to ask people about your neighbours or even talk to them yourselves. They could give you insider’s advice about the area and talk about their experiences with their neighbours, which will also give you insight into the property.
Your home’s location is extremely important because it will be a large part of your lifestyle. When looking for a home, always consider the neighbourhood. Think about what services and facilities you and your family will need now and in the future, and look for a neighbourhood where you’ll want to be. This will help you find a house that will truly become a home, and part of a larger community.