1) What are the neighbours like?
Take time to get a feel for the locals and how you might fit in. Does the area attract empty nesters and retirees? A real estate professional can help inform you about demographic trends.
2) Does it fit your lifestyle?
Your home buying checklist may include amenities that are must-haves for your lifestyle.
3) What are the schools like?
Some schools are in such demand that parents will seek out a home in that area.
4) What will your commute be like?
If you drive to work, test your prospective new route in rush-hour conditions.
5) Is there commercial activity nearby?
Shops and recreational facilities can help an area thrive economically and may add to a neighbourhood’s attractiveness to some buyers.
6) Is there a homeowner’s association?
Condo or neighbourhood associations can bring people together, instill a sense of belonging and advance the needs of the community.
7) Is the neighbourhood new?
Don’t judge a new development solely by the plans. If you are allowed, go to the building site to see where things will be in relation to a lot or building.
8) How is an older neighbourhood showing its age?
Consider the area’s infrastructure, from roads to utilities to schools and other public facilities.
9) Will there be new development?
If you love a home for its adjacent green space or unobstructed views, don’t just assume it will stay that way. A real estate professional can tell you about zoning changes or planned construction that may affect enjoyment of your home. Keep in mind that well-planned development can also enhance the value of a neighbourhood and improve its infrastructure.
10) Are there restrictions?
Some municipalities have unique bylaws to restrict things such as new driveways, pools, or sheds.
