Before you invest in a property, it’s important to consider the surrounding neighbourhood. The location, schools, shops and neighbours should be on your radar. What style and condition are the other houses in surrounding the property you’re looking at?
The first thing you should do when considering a potential investment is research the area and community. You’re not just investing in your property—you’re also buying into an entire community. You should make sure it’s one that will be able to match your needs now and in the near future.
You can look at many different aspects of a neighborhood to determine whether it’s right for you:
Accessibility – How easy is it to get around?
Appearance – Is it well manicured? Is there pride of ownership? What is the average age of the homes? And the residents?
Amenities – What amenities are there close by? What sort of entertainment is there? Things for kids to do? What sort of quality of life can you have there?
Take these things into consideration before making any decisions about where to buy your new home!