Finding An Affordable Home in a Great Neighborhood

 

You have heard it a million times, “buy the worst home in the best neighborhood.” While you do not necessarily want to buy a home straight out of a horror film, finding an affordable home that might need some updating or repairs in a GREAT neighborhood is a great strategy in a tight real estate market. With some strategic planning, it is possible to find a great home that will accrue value over time because it’s located in a great neighborhood. 

The first step is to define what a “great neighborhood” means to you and your family. Of course, the basics such as low crime and great school are a good start, but you also want to consider amenities that affect your quality of life and lifestyle. Do you want easy access to recreation facilities or trails for example? Once you identify the essential qualifications of a “great neighborhood” for you, then start doing your research. 

Real estate and community websites are a great start. Social media sites can also offer insight into the lifestyle of the communities you are considering. Review the prices of current listings and consult with your lender to determine a realistic budget. Then be open to compromises. What are the true “must have” aspects and what would you simply “like to have”? Be ready to pounce if a good home becomes available. 

Be open and honest with your budget and goals. Working with a real estate agent, they may offer similar communities as well. These could be good starter locations that offer value accretion. Finally, be ready to make updates and repairs. Finding a diamond in the rough will take work and elbow grease but in the long run, you can find significant financial and personal reward from investing in the right neighborhood.

How to Find a Pet-Friendly Neighborhood

 In a tight housing market, finding the right home for you and your family may feel like a needle-in-the-haystack effort. Add to this the need for a pet-friendly neighborhood and you may feel like it is impossible. The good news is that more communities are considering our furry family members when planning or improving their amenities. Finding the right location ensures that your pets are safe and happy. 

First, if you are considering a home in a planned community or association. Carefully read the rules, restrictions, and policies. While most local laws prohibit properties from banning pets, they can limit the number and type of pets. Make sure your furry friend meets their requirements. 

The home itself should be in a safe environment also. If your pet will spend time outdoors, either playing in the yard or chasing a ball, look for communities with low traffic and well-lit streets and parks. 

Next, observe the community. Take a drive and look for green spaces, dog parks, and trails. Spend time learning the rules, such as leash laws, day availability, or breed restrictions. Ensure they are maintained, and that people are complying with the posted rules. 

Finally, check for local pet services such as pet supply stores, grooming salons, boarding kennels, and veterinary clinics. Easy access to these facilities is important for your pets’ well-being and health. By focusing on these aspects, you will find a neighborhood where both you and your pet will thrive.