Existing home sales came in at a whopping 6,850,000, beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at
Checklist For Finding The Right Neighborhood For You
Dated: May 29 2018
If you’re moving to an entirely new area, trying to figure out which neighborhood to search for a home in can feel a bit overwhelming. Not to worry, we’re here to help you find the perfect one.
Let’s start with your priorities. Here is a list of things to consider when choosing a neighborhood. Rank them in order of importance (including your own points that aren’t included on our list) and use that a guide to follow when checking out different areas.
What your budget is can obviously play a big role in which neighborhood you end up in. Although we all wish money wasn’t a factor and we could just find our dream home, it’s good to keep in mind when considering priorities.
If you have kids, or plan to have kids, you may want to buy in a highly sought after school district. Proximity to schools will be a consideration. Check out our school ratings map for the Portland area to get an idea of what you’re looking for.
Proximity to neighbors
Consider how close you are willing to live to other people. Would you be okay with condos or apartments or would you prefer a large yard separating you from your neighbors?
How far are you willing to be from work, school, grocery stores, the hospital, the gym, etc. Think through the places and time of days you need to be going between these places and how much time you are willing to spend in the car.
Involvement in the community
Are you one to get involved in local events, committees, and clubs or would you rather know as little as possible about community affairs? Paying attention to what events are happening in the areas you are looking will give you an idea of how much or little locals are getting involved.
Noise level of neighborhood
Do you prefer living in neighborhoods where things settle down and are quiet at night or are lively at all hours? For example, living in neighborhoods that are in the middle of the city or by a college campus will probably be much noisier at night.
If being able to easily reach amenities in your neighborhood by walking is important, make sure to include this on your list. Not all neighborhoods have a high walkability score, meaning you will be driving everywhere.
Restaurants and Bars
Depending on how often you eat out and what kind of restaurants you want when you do, knowing what is available around the neighborhood can be helpful to know ahead of time. For example, some neighborhoods have numerous small, locally owned restaurants while others primarily have chains.
Access to public transportation
If you know you won’t be living in this home forever, resale value will likely be a significant factor in the neighborhood you choose. Finding an experienced local real estate agent will help you a great deal in researching which areas are strongest in this respect.
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....
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