Things to Consider When Moving to A New Neighborhood

Real Estate News

Things to Consider When Moving to A New Neighborhood


Written By: William Cook
Wednesday, August 14, 2019

Financial

You may have purchased a home with an affordable mortgage interest rate, however property taxes can become a significant part of your expenses. If you moved from another state or even county, its a good idea to find out about potential taxes or local special assessments that will affect your budget. A good way is to confirm the amount with your realtor and title company.

Safety

Some of the best places to find >

Access to Care

On the subject of safety, is the neighborhood close to a police and fire stations, emergency rooms and other pertinent services in the event of an emergency? We all know too well of a hurricanes affect on residents in Florida, Louisiana, and Texas, and fires in California. You want to have emergency personnel or shelters nearby.

Convenience

Important deal breakers for some people are how close it will be to their favorite eateries, grocery stores, gym, bank, shopping and volunteering opportunities. If youre used to a 1-2 mile convenient and the new home is 5-to-10 miles away, that could be a big problem. Are you a person who needs a Trader Joes, WholeFoods or Sprouts Market nearby? If you are person that actively participates in volunteering in your community, make sure you still have that opportunity where youre moving to, especially if its one of your passions. Did you know that a neighborhood located near numerous retail stores, helps maintain or increases home value if you choose to sell later on.

Schools

Schools are a very important element as a home buyer. The quality of schools in the neighborhood can influence the future value of the home. By a wide margin, families prefer a highly rated school district. To determine the schools rating GreatSchools is a great source.nbsp;

Neighbors

Dont be nervous to be the one who starts a conversation with people you may find yourself becoming next door neighbors. To be honest, theyll be very interested in meeting their prospective neighbors. Find out if there are block parties, how many young families are here, any people with aggressive dogs, best hangouts, their favorite local places, parks, how many years theyve lived in the area, and more about the community. Some research should be done yourself but it never hurts for a neighbor to confirm what you researched. The better you know your neighbors, the easier it is to ask them to watch your home while youre away on a trip.

Sights, Sounds and Smells

Identify warning signs in the neighborhood. Are homeowners maintaining their yards, does one neighbor have 10 or more unsightly cars parked outside, are there college-aged kids stationed on the street all day? Is there a cow slaughter house within 5 miles away? The stench can travel your way depending on the time of day.

Find out Opinions of Former Residents

People love sharing their opinion on places theyve lived. Online discussion forums like Reddit and City-Data are good places to inquire about your new neighborhood for >

Bonus Tip

There are a few tax breaks for someone moving due to a new job or >

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