Buying a Home: Neighborhood Factors to Consider

Buying

Everybody knows the old saying about real estate: What matters is location, location, location! There’s a lot of truth to that. When you buy a home, you’re not just buying the physical property itself. You’re also buying a particular corner of the world. You’re buying into a specific neighborhood, a certain community. And it’s only natural that you’d want to know what you’re getting yourself into.

As you explore different homes, then, by all means inspect the properties meticulously—but don’t forget to scope out the neighborhood, too. We’ll list a few of the things you should be looking out for.

How to Evaluate a New Neighborhood

The neighbors themselves. No, you probably don’t want to go door-to-door and interview each of your potential new neighbors, grilling them about their politics or their personalities. But you can look for signs that there are young kids in the neighborhood, or evidence of college-age folks, or indicators that the neighborhood skews older. All of these things can be easy to ascertain, especially if you visit the neighborhood multiple times at different points of the day, and they may or may not fit in with the kind of lifestyle you’re looking for.

The school district. If you have kids, this is a no-brainer. Even if you don’t have kids, school zoning can affect property taxes, so it’s worth being aware of.

Proximity to the places you care about. Distance to work is obvious, but what about distance to church? To your primary care physicians and dentists? To the veterinarian? If your new location is too far from those things, will you be willing to make a switch?

Proximity to amenities. Simply put: How far will you be willing to drive to pick up supplies at your favorite grocery store? And how far out of your way will you be willing to go to eat out, or even to order in?

The downside of proximity. Living far away from retail stores can be inconvenient, but living close to them can have its own downsides. You may not want to live so close to major amenities that you have to deal with constant traffic, while living next to an amusement park or a race track may bring noise and general busyness that you’d rather not deal with. Always weigh the pros and cons of proximity to big attractions.

Getting the Location Right

The location of your new home is one of the few things you really can’t change about it—so make sure you end up in a place that you know you can love. While you’re at it, also think about the amenities and fees associated with a particular community, especially HOAs.

As it happens, there are a number of excellent communities in Davidson and Huntersville, all with their own unique assets. We’d love to show you some of them, and guide you through this big decision. Get in touch with the Minges Cline team to get the process started.