How to choose your new neighborhood?

Here are the top 5 things you need to scout before you decide on a neighborhood.

Prices

First, check property prices in the neighborhoods you are considering. Real estate experts advise that your monthly rental bill shouldn’t exceed 30 % of your income.
Real estate prices can be a great indicator of the prices of services and amenities in the area. Make sure that you will have an easy access to venues that you visit frequently – grocery stores, pharmacies banks, and that the quality and the price of these necessities are favorable.

Safety

While real estate agents can’t legally tell you how safe a neighborhood is, they can be a good source of information. You can find statistics about crime by district online and research different areas to make sure you will feel safe in your new locale. You can also contact the local police station to request that information.

Commute time

Ask yourself “How long am I willing to commute?” If you loathe long commute hours, then choose a neighborhood close to your workplace or, at the very least, a locality that provides easy access to buses or the subway – check public transport as you might use it instead of driving your own car to save time and money.

Schools

If you are moving with kids, it makes sense to research how local schools are. The choice for a neighborhood is a way tougher when you are moving with your children as you want the best for their future and investing in good education is one of your priorities. Find out which the good schools are.

Entertainment

Entertainment opportunities are not usually considered in the neighborhood selection process, but think twice before skipping them. You know what they say “All work and no play makes Jack a dull boy”. Besides, traveling outside your neighborhood to have fun with friends can turn into a costly endeavor. So, check what options you have – parks, dining, shopping, museums, theaters, you name it.

 

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