Is the neighborhood more important than the home you buy?
WHEN YOU BUY A HOME, YOU ALSO GET A NEIGHBORHOOD
Whether you’re shopping for a home in a familiar location or a new neighborhood, remember that you’re buying more than a home. You’re also buying the neighborhood. So, it helps to become familiar with your favorites, whether you drive them or walk them.
Why is that important? It’s the neighborhood that helps establish home values, which depend largely on location and local amenities (close to high-paying jobs, high-scoring schools, high-starring restaurants, etc.)
Neighborhoods can change over time, so look for signs of transition. Do you see reinvestment or decline? Homeowners reinvest by repainting, making repairs and refreshing their homes with updates. What kinds of stores and services do you see? Whether you are looking to buy or sell, our team can offer the highest levels in real estate expertise and professionalism.
So, no. The neighborhood may not be more important than the home that you choose to buy. However, it is a very important factor to consider before you buy.
Take a look at our Neighborhood Guides: Click here!