If you are looking for your first home, one important question on your mind is probably “ How do I find a good neighborhood, that won’t make the value of my home drop?” Neighborhoods that will more than likely maintain or increase your home value usually have a few characteristics in common. Read now to learn about the traits of a good neighborhood community.
When you start looking for your home, always aim to purchase a home in a well-established neighborhood that’s not too far from a city. This home price should be a little above the median and in the neighborhood there should be few to none foreclosure homes. The homeowners in the neighborhood should be long-term ones that have lived in their homes for over 15 years. These homeowners are more likely to take care of their property and sell their property to homeowners likely to continue good maintenance on the home.
This neighborhood should not be too far from major highways or public transportation for easy commuting. The neighborhood should have amenities like parks, playgrounds, and be a gated community with security. The school district should be good as well and be consistently attractive to homebuyers. Usually these neighborhoods have low crime rates and homes are well maintained as well as the yards, streets, curbs and signs.
Last but not least, you know you have picked a good neighborhood when very few houses are for sale ever, homes sell quickly and the neighborhood is not located near apartments.
If you need to start your home search today, Jeremy Walsh Real Estate is here to help you find and buy the right home.
You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!