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6 things to consider in a neighbourhood when buying a new home

 neighbourhood when buying a new home | Nanaimo

When you buy a new home, you are not just buying a home. In a way, you are buying a neighborhood. To find the perfect house in Nanaimo, you must find the perfect neighborhood. Finding the ideal neighbourhood can be strenuous especially if you are moving to a new area and cannot distinguish one area from another. You can spend on the upkeep of your house but the vibe of the community or your neighbors cannot be changed. That’s the reason the Nanaimo real estate agents like to remind house hunters that they are not buying the house alone but also the neighbourhood.

Location is the most important factor when you consider buying a Nanaimo home for sale. The location and the neighbourhood in which we stay impacts our day-to-day lives. The neighborhoods that appeal to you will largely depend on your personal choice. However, a truly great neighbourhood will have a few key factors. Do your research when it comes to finding the most suitable neighbourhood.

Wondering how to find a good neighborhood? Here are some factors to consider:

1. Accessibility

A house with easy access to roads and public transportation will be more looked-for than the one that is tucked away and can only be accessed by one route. Distance matters if you need to commute to work every day. Easy commute to work is a deciding factor for many home buyers. The best way to understand if the commute time is doable is to do a test run during peak times

2. Appearance

In real estate, appearances are important and truly impact property values. Nanaimo real estate offers homes for sale with large trees, landscaping, and nearby green or community spaces. A house with a wonderful view or on the coast is likely to be more desirable and valuable, both now and when it is time to sell it

3. Amenities

You need to pay attention to the proximity of the amenities like grocery stores, shops, parks, trails, open spaces, proximity to shopping, restaurants and local attractions from the home you are looking to buy. Schools are an important facility— the quality of local schools and the distance from your home are both important factors to consider. Even if you do not have kids, its good to keep future needs in mind. Also, if you want to sell your home in the future, many buyers will be on the lookout for good schools. Time is the most valuable asset in the world so make sure the amenities are within a 5-10-minute drive. Can you make a quick drive to the grocery store or will every day be trouble behind the wheel due to traffic congestion?  

4. Affordability

You should be able to afford the cost of living in the neighbourhood. Like the proximity to amenities is important, the affordability is also important. To be able to sustain in the neighbourhoodis also a vital factor to consider when choosing a neighbourhood.

5. Safety

A neighborhood that is an inviting and safe place to live and has a low crime rate is the type of place where most people want to live. You would want to live in a place where you can be outdoors and interact with neighbors. A safe neighborhood can help keep property values afloat in the years to come.

6. Future developments

Like the present amenities matter, the future ones also do. Future developments can impact the overall look and feel of a neighborhood. For instance, commercial development can improve property value but at the same time cause traffic, noise and congestion.  The best way to find about future development is to check with the local planning office and see what may be on the books for upcoming development.

The process of moving from one home to another can feel intimidating. Picking the right neighbourhood is as important as picking the right house. Ensuring the neighborhood of your new home is right will increase the quality of your daily life and enjoyment of your home. Your neighborhood's character will shape your family's character and help you create a lot of wonderful memories in the years to come.

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