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  Buyer's Guide ~ Learn about buying

   


Choosing a neighbourhood

Properties Considerations

It is important that the neighbourhood you choose to live in is well suited to you and your family. The following is a list of considerations and possible problem areas:

Environment

The quality of air, water and soil is a top concern as a polluted neighbourhood can be detrimental to both your health and property value.

Appearance

The home you are considering may be tidy and attractive inside and out, but how does it compare to the surrounding area? Explore the neighbourhood, keeping an eye open for signs of neglect (overgrown lawns, houses in need of paint, trash and junked appliances littering yards). No matter how diligent you are in the upkeep of your property, a run-down neighbourhood can drive your property value down.

Schools

If you have children, the proximity and quality of schools is an important consideration. Talking to neighbours with school age children can be helpful. In some areas schools will provide data (such as average test scores) that can aid you in determining a school's quality.

Transportation

Convenient access to public transportation and/or major highways can mean the difference between a pleasurable and not-so-pleasurable commute to work.

Amenities

Amenities like a grocery store, parks, recreational facilities, post office, dry cleaner and a doctor's office can make life easier if they are located nearby.

Property Values

By researching the selling prices of homes in over the past decade or so, you may be able to predict future trends. Your sales representative may be able to provide helpful data.

Utilities

Avoid unpleasant surprises by finding out what utility costs are before you decide to purchase. Fees for water, electric, cable tv, phone and gas vary greatly by region.

Noise and Nuisances

It can be hard to get an accurate impression of a neighbourhood in just one visit. Be sure to return to the neighbourhood at different times of the day and night. Listen for traffic noise, barking dogs, low-flying airplanes and any other noises that could bother you as a resident.



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