How to Choose the Right Neighborhood for Your Family

Looking for a new place to live? When you’re searching for the ideal home, finding a safe and attractive neighborhood is just as important as buying a home with the right number of bedrooms. In real estate, location really can mean everything. After all, while you can change the style and décor of your home, you can’t change where you live without selling your house and starting fresh.

When you’re buying a home, remember that you’re not just investing in property, you’re putting your money into a place for your family to grow and thrive. You’ll need something that’s affordable, secure, and ready to provide you with all the amenities you need. Here are just a few things to look into when choosing your new neighborhood.

1.     The Crime Rates

Nobody wants to move to a neighborhood that’s plagued by crime. Before you begin looking for buyers so you can sell your property, use a search engine to do research on your new destination. For instance, typing “crime statistics for” and then your neighborhood of choice into Google should give you some basic crime reports. You can also speak to the local police department for more details.

2.     The Atmosphere

While you can try to get a feel for the nature of a neighborhood by looking at pictures online, you’ll never really be able to decide whether a house is right for you without going to visit the location in person. If you’ve decided on a space you like in Tennessee, go and spend some time walking through the neighborhood at various times of the day – and on different days of the week. This will give you a sense of the kind of people you’ll bump into at your new home.

3.     The Current and Potential Value of your Property

While buying a family home is often an emotional decision for many families, it needs to be a rational choice too. After all, real estate is a big, and important investment. Before you begin washing your house and setting it up for sale, take some time to look at things from a financial perspective. For instance, you can talk to a real estate agent about the price the houses in your neighborhood are currently valued at, and how those costs compare to the average price five or ten years before.

Another great way to supplement your research is to look up information at the local Chamber of Commerce or city hall to check out future developments like a new library or park that might add value to the area.

4.     The Amenities

Finally, remember that even the most attractive house can be difficult to live in if it’s miles away from civilization and all the convenient amenities you might need. When you’re looking for the ideal neighborhood, it’s worth thinking about what you need to be close to for convenience’s sake.

For instance, is there a grocery store you can visit nearby, and a school for your kids? Are you closer to work, and are there plenty of options for public transportation around? Remember to think about your needs right now, and your needs in the future. Homes are a long-term investment, so plan to stick around for a while.

Trust our expert team to guide you through this process. 865.237.7328, 865.986.4464.