It’s easy to fall in love with a house if it has all the features you’re looking for. However, it’s important not to ignore the qualities of the neighborhood the house is in as well.
The state of the surrounding neighborhood is important for many homeowners. You’ll use the local amenities, walk on the sidewalks, drive on the roads, and eventually even set the price of your home based partially on the price of those surrounding it.
In this article, we’re going to discuss some of the reasons you should pay attention to the neighborhood when shopping for homes, and what qualities to look for to find a place that has both high quality of life and resale value.
Neighborhood Inspection 101
There are a number of things you’ll want to learn about a neighborhood before you move in. Some of them you can observe with your own eye, some you can find online via public records, and others will require talking to the locals to see what their experience has been.
Things to observe
When you go to visit a home, set aside some time beforehand to drive around the neighborhood. Check out the roads, sidewalks, and the general state of the neighborhood. Boarded up houses and closed businesses aren’t always a sign of doom and gloom, but it can give you insight into the pricing of some homes and give you some negotiating power.
If you love the house and feel okay about the neighborhood swing by during rush hour, if possible. This will give you a sense of traffic and how long it will take you to get to work from your new home.
If you’re moving into a city, it’s also a good idea to check out the after-hours scene. If a peaceful evening at home is what you seek, it will be a good idea to know ahead of time if your street comes alive at night.
Things to research
It’s a good idea to get a feel for the local culture before buying a home to see if it fits with your lifestyle. Are businesses closed on Sundays? Are there community events and clubs that you ur your family would be interested in? You can find most information online through Facebook groups, library websites, and local newspapers.
If you’re concerned with crime, you can find local data online. Similarly, records are available for local schools, such as where the town’s test scores land compared to state and national averages.
Talk to the neighbors
The most practical way to learn about a neighborhood is to ask the people who live there. They’ll be able to tell you how it has changed over the years, which will give you a sense of where the neighborhood is headed. They can tell you whether it’s a neighborhood filled with young families or aging retirees, and will likely be able to let you know if there are any problems in the neighborhood.
Aside from the local culture, you should ask your potential new neighbors about the infrastructure. Do they have frequent power issues? Is there often noisy construction, or have there been potholes that haven’t been filled for years? You can learn a lot from the people who have lived in a neighborhood for multiple years.
A home inspection can make or break a property sale. If all goes well during a home inspection, a buyer and seller can proceed with a transaction. Conversely, if a home inspector discovers major problems with a house, a property sale may be in jeopardy.
As a homebuyer, you'll want to do everything possible to ensure a home inspection delivers valuable insights. With in-depth home insights at your disposal, you can determine whether to continue with a home purchase or reenter the housing market.
To ensure a successful home inspection, let's take a look at three common home inspection mistakes, and how a homebuyer can avoid these problems.
1. A homebuyer hires an inexperienced home inspector.
When it comes to hiring a home inspector, it is always better to err on the side of caution. With an experienced home inspector at your side, you can boost the likelihood of a successful home inspection.
Evaluate a variety of local home inspectors. Then, take a look at each home inspector's background and expertise to narrow your search.
In addition, if you feel comfortable with a home inspector, reach out to this professional directly before you make your final hiring decision. That way, you can request client referrals and gain additional insights to help you make an informed selection.
2. A homebuyer does not attend a home inspection.
A homebuyer is not required to attend a home inspection. However, attendance usually is a good idea, regardless of your homebuying expertise.
Remember, a home purchase is one of the biggest transactions that you likely will complete in your lifetime. If you want to ensure a home is a viable long-term investment, it certainly pays to walk around a property with a home inspector and conduct an in-depth evaluation.
In many instances, attending a home inspection may enable a homebuyer to gain home insights that might not be included in a home inspection report as well.
For example, a home inspector who identifies issues with a property may be able to give a homebuyer an estimate about how much it will cost to complete myriad property repairs. These insights are exceedingly valuable and can help a homebuyer determine whether a house is a worthwhile purchase.
3. A homebuyer ignores a home inspection report.
After a home inspector completes a property evaluation, this professional will provide the homebuyer with a home inspection report. Then, a homebuyer will have a set amount of time to review the report to determine whether to proceed with a home purchase.
A home inspection report contains plenty of valuable insights, and as such, should not be ignored. Instead, a homebuyer should spend time evaluating the report and learning from it. And if a homebuyer has any questions, he or she can reach out to the home inspector who provided the report for answers.
Lastly, if you need help planning a home inspection, you should employ a real estate agent. By hiring a real estate agent, you'll have no trouble getting in touch with the best home inspectors in your area.