How Do You Know How Good A Neighborhood Is?
It’s one of the most common questions that we get as real estate professionals. How Do You Know How Nice A Neighborhood Is? Typically the client is expecting some sort of scientific proof that a neighborhood is “NICE.” Typically speaking the more money you spend the “nicer” the subdivision will feel. However, that’s not always the best ruel of thumb especially close to the median price point.
If you were to take a neighborhood like Hamilton Mill for example. This subdivision is significantly higher than the median, there’s an HOA, swim/tennis community and a golf club. It’s safe to say that most of this neighborhood will be nice.
However, if you were to look at the homes below, how would you know? Luckily we did a video for those on our Buyer VIP Walkthru and here’s a few key tips.
- Presence of an HOA – Home Owner Associations can be a pain. They tell you how high your grass should be, what color your house should be, but that’s kind of the point.
- Look for Pride Of Ownership – Old neighborhoods are necessarily worse, if you can tell that they have been painted,etc, nicely manicured lawns or at least cut grass and trimmed hedges are a good sign.
- What’s Going On – The only real way to know how a neigborhood is, is to visit it. Drive the neigbhorhood after 4PM to get a feel for the number of children, are adults out in the yard, walkers are a great sign as well.
Here’s the Video:
Can you tell which one of these homes is in a good neighborhood?
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