Found 2 blog entries tagged as neighbourhoods.

Things to consider when choosing a neighbourhood

When you are looking for a new neighbourhood to move into, there are a lot of factors to consider. You can renovate and make changes to a home, but one thing you'll never be able to change is the location!

Here are some things to think about before choosing a neighbourhood:

1. Neighborhood safety: Check criminal reports, look at crime rates, converse with the neighbours, visit the neighbourhood at night, and ensure the streets are well-lit. Would you feel safe walking around the neighbourhood alone?

2. School district: If you have kids or plan on having kids in the future, living in a reputable school district is critical to giving your children a good education. Even homebuyers who don't have kids can benefit from living in a good school…

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Assessing Property's long term potential

You see a home on the market that you like. Should you buy it? Before you make an offer, it’s a good idea to get a sense of the property’s long-term potential. After all, a property is not just a potential home, it’s also an important investment.

Here are some things to look for when viewing homes on the market:

  1. Is the area’s average income increasing? The more affluent a neighbourhood becomes, the higher the property values.
  2. Are employment opportunities growing nearby? If jobs are leaving the area, housing prices will likely decline.
  3. Is there any nearby housing or community developments that will enhance the quality of life in the area? If a park with a quiet walking trail, or a prestigious golf course, is being built nearby, the value…

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