There's an adage in real estate: location, location, location. And it's true that despite a home's problems, most can be fixed. However, the wrong location isn't something you can easily solve. With townhomes, finding the right location is even more important because of the proximity to your neighbors and lack of some amenities.
So, to help you find the right location for your new home, here are 4 things to look for before you buy.
Talk to Neighbors. Take the time to chat with other homeowners and renters in the area. Word of mouth and the impressions of those who already live in the complex or neighborhood can give you a lot of insights that other means can't. In addition to chatting with other townhome owners, talk with customers in restaurants, coffee shops, and businesses, and with folks in local parks.
Look for Improvements. Walk around your chosen complex and assess how well it's maintained and what has been recently improved or added. In addition, signs of well-kept houses, businesses, and yards in the surrounding community usually mean that people in the area care enough about their neighborhood to put time and money into keeping it up. Even better are signs of owners making improvements, including additions, business upgrades, new facades, and parking improvements. These things generally mean that folks are doing well financially and businesses are thriving.
Observe People Outside. Having people out and about in your community means that they are comfortable and safe, especially at night. A city neighborhood should generally have a healthy evening and night life...one that includes children playing, people going out on the town, customers in business, and families in parks or on the sidewalks. Modern urban areas are increasingly filled with bicyclists and pedestrians, and so there should be a healthy mix of car and foot traffic.
Check Crime Rates. Before buying into a townhome complex, check with the local police or new sites for information on crime statistics in the area. Crimes, including petty crime, should not be trending upward but instead be at least holding steady over several years. Walking the area at night can also give you a good sense of how safe the neighborhood is during the higher-risk parts of the day.
By spending a little time researching any potential property location, you can purchase it with confidence and then turn your attention to making your new house into a home. Visit a site like http://gerberapartmentproperties.com for more help.Share
5 August 2017
Although I've never worked professionally in the real estate business, I sure know my way around it. How, do you ask? Well, I have simply rented a lot of different places and worked with a lot of different landlords and real estate agents. In the past 7 years I've lived in 11 different houses or apartments, none of them my own. In finding those 11, I have looked at literally hundreds of apartments. I used to hate house hunting, but now it's kind of fun. You just need to know what you want and the right questions to ask. Hopefully this blog can help you learn some of the tricks of the trade from another renter like yourself.