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Choosing the Right Neighborhood

Central Oregon has grown quite a bit over the years and with that growth, we’ve seen everything from new neighborhoods to new businesses nestled in a neighborhood, new subdivisions and lots of options to buy when you are house hunting. We’ve all heard it said many times, location is everything, and we don’t disagree! There are many things people are willing to overlook when it comes to buying a home, whether there aren’t as many bathrooms as you’d like, or some of the bedrooms are downstairs while others are upstairs. Sometimes the home we want doesn’t have a big enough yard, or it’s got too big of a yard and we dread maintaining it during the warmer months. Most of the little things are preference issues that we can usually live with if it’s the perfect house otherwise.

Location on the other hand, isn’t something most people want to overlook. For most house hunters, location is the most important factor when looking for a home to buy. We’ve come up with a few tips to consider when picking your perfect home to buy.

SAFE NEIGHBORHOOD

Choosing your home has less to do with the actual home itself and more to do with the location of the home. Homes can always be altered, remodeled, changed. But a neighborhood is permanent and so you’ll want to research the neighborhood before buying a home. Safe neighborhoods are important not just for you and your loved ones, but it’s also important for the resale value of the home. Thinking like a seller might seem like a far-off concept but keeping it in mind will help you down the road.

Do a little research about previous crime in the area, introduce yourself to neighbors and ask them what they think about their neighborhood, notice who is out walking~ are there children playing in the neighborhood park? These things will be great indicators to whether or not the adults in the neighborhood trust the surrounding area and the people in it.

CURRENT DEVELOPMENT

Check out the amenities the neighborhood offers, perhaps there is a pool, park or store within the neighborhood. Drive or walk around the neighborhood and make note of current building or homes for sale. If you can, find out what future development is scheduled, this will indicate continued growth in the neighborhood which will increase the value of the home you purchase.

CENTRAL ACCESS

There are a lot of neighborhoods that are centrally located to grocery stores, coffee shops, auto shops and more. Try to find a neighborhood that fits your lifestyle, so you don’t have to make long commutes for your groceries, medical help and ideally, for your job. Spending less time in your car and more time at home is the ideal for most people, so finding a home centrally located to your daily needs will support your life with convenience and accessibility.

A great example of a centrally located neighborhood is the Brookswood development south of town in Bend, Oregon. Not only does the neighborhood have schools nearby, there is also a grocery store and many other small businesses located within the neighborhood itself.

GOOD SCHOOLS

Buying a home that is in a good school district is important, even if you don’t have children or your children are already grown. Good schools increase the value of surrounding homes and land. Research shows that buyers inquire about the school district often when looking to buy a home. Accessibility to schools is also a key factor for home buyers, for example they want to know if there is transportation for children within or near the desired neighborhood.

RESALE VALUE

Resale value is an important factor to consider when buying a home, even if you don’t plan to sell anytime soon. Knowing the facts about the neighborhood can be solid indicators of how desirable your home or lot will be in the future.

As mentioned above, the home you are interested must be one you feel fits your needs, but the location is the most important factor when looking to buy a home. Doing your research, asking your broker to provide specific stats about the other homes surrounding the one you are interested in and checking out the neighborhood itself will help you make the best decisions when buying your home. Our local brokers in Bend, Oregon, are here to help, so feel free to contact us at www.dukewarner.com if you’d like more information or want to tour some neighborhoods today.