When it comes to buying your first house, you’ve probably heard that location is everything. Although there are several other factors to consider when searching for a home, it’s true that location is one of the most important.
Picking out the ideal neighborhood for your first home depends on your personal preferences, such as whether you want to live near a good school for your kids’ sake or whether you want to be close to work. In general, the best neighborhoods contain the following:
- Property values that are on the rise or already high
- A low crime rate
- A good school district
- Properties that are well-cared for
- Easy access to employers, shops, parks, hospitals and other facilities
- Higher number of owner-occupants as opposed to renters
- Good traffic infrastructure
Just keep in mind that you might face greater competition for a home that’s located in a highly desirable neighborhood, so it’s important to know what kind of offer you should make. Enlist the help of a qualified realtor to make sure you don’t miss out on the home of your dreams.