How to Answer “What Neighborhood Should I Live In?”

Where you live affects everything about your lifestyle. Every. Single. Day.

Read the above statement again and let it sink in.

Why? Because finding a location that matches your wants and needs is so critical to your happiness in your home and in your daily life.

Think about this … you can always change or alter something you don’t like about a particular home.  You can paint over some super-awful color in the bedroom, upgrade a kitchen with new stainless appliances, or even budget for a large family room addition. 

What you can’t do is change the LOCATION!

No matter how much you may love everything about your new home, if you are frustrated with your neighborhood or it doesn’t fit with who you are or who you want to be, then you aren’t going to be satisfied … ever.

Keep in mind that you could find a similar neighborhood with the same feel and conveniences of a favorite neighborhood, and it could be more in line with your price range.

That is why not limiting yourself and doing research on all sorts of neighborhoods is worth your time before you start house hunting. There could be a hidden gem just for you!

First we will cover how you can learn more about neighborhoods and provide some research tips. Then we will give you some guidance on how you can figure out what characteristics you most want in a neighborhood or location.

Your list of “wants, needs & musts” is what should drive your search for a home and compatible neighborhoods.

Neighborhood Research 101

If you’re ready to buy a home, then schedule some time now to gather as much information as you can on different neighborhoods. Don’t rule out certain areas since you might be surprised how compatible they are to your lifestyle and budget.

Do Some Foot Work  

Even though the internet can give you lots of information, it’s still good to do some research on foot and face-to-face.

• Ask friends, family or colleagues about neighborhoods they like, have heard about or even live in. Talk to people who live the different neighborhoods you are considering.  What do they like?  Think about their answers and how is their life or daily habits compared to yours? There are lots of choices and new communities all over so be adventurous and use these personal contacts!

• Plan to visit friends, family, colleagues and see their neighborhoods in person. Meet them for lunch or dinner, walk around, visit stores. You’ll get a better feel for the atmosphere and amenities of the area. You should get honest and direct answers about schools, crime, traffic, parking etc.

• Drive around both day and night, rush hour and weekends, and as much as possible to see how the neighborhood works and functions on a daily basis.

• Find out from your contacts if their neighborhood has a good community listserv or e-newsletter and sign up! Whether it is via email, Facebook, Twitter, Instagram or however they may keep neighbors updated, you’ll be able to monitor posts. These can give you a more inside look at a particular location – events, activities, a sense of the community feel, and any ongoing concerns by neighbors.

Let Your Fingers Do the Walking

The internet makes it very easy and convenient to get information on different neighborhoods. 

For example, you can search sites like Homes.com for info on specific neighborhoods. 

Why Neighborhoods Matter

It’s the little daily habits that can make a big difference in where you live. A certain neighborhood may or may not match what you love to do every day or even need to do every day. Why frustrate yourself from the get-go?

Determine what you like most about your day. Really consider what you do, as well as what you don’t like about your current neighborhood. Write it ALL down.

Keeping asking and answering questions such as these:

• Do you love being able to walk or bike to work? Do you love going to your local coffee house every day? Do you like to go for runs outside? Do you need to walk your dog or live near a dog park?

• Do you want to be near work and have a short commute?

• Do you love to be near restaurants, theaters, or close to more vibrant hot spots? Do you hate crowds, busy streets and traffic?

• How important is a car and/or parking space to you? Do you want a car-free life where you can walk, metro or bike everywhere? 

• Is community important to you? –  or schools, recreation centers or park space?

• Do you feel the need for green space, grass, trees and lots of open space? Do you love to garden or want a large backyard for children or dogs? Or is a playground or dog park nearby sufficient?

Same Vibe, Different Neighborhood

Once you determine what you like most about certain neighborhoods, you can then pinpoint which neighborhoods meet these “needs, wants & musts.”

And, if prices don’t match your budget, then you can still find the same “neighborly” vibe but for less cost in another location. If your “must” is being able to walk to work or be near mass transit, then everything else could change (the home’s size, condition, etc.).

Your budget will determine what type of home you can afford in a particular neighborhood – such as a detached home, townhome or condo unit.  You may have to consider tweaking your budget or rethinking some of your “must-haves” if you are not finding a comparable neighborhood. 

Don’t Forget About Resale

There are certain factors in a location – both desirable and undesirable — that you should consider for resale value.

Does the neighborhood have good schools? Is the home on a busy corner lot? Crime and traffic can affect a home’s value. 

Also, keep in mind that revitalizing neighborhoods can be on your list if more popular and expensive neighborhoods are out of your price range. An up-and-coming neighborhood could be a bargain if you time it right, but do your research and be confident it’s heading upwards.

As you can see, it is so important for you to do your research! You’ll be more satisfied with your purchase if you know about different neighborhoods. You don’t want there to be any “what ifs” or “should haves” that will haunt you in your new home.

We can’t wait to hear from you.  Just email us and we can schedule a time to talk more.