What to Know
School Systems
Every neighborhood fits into a particular school district, and each could differ in rating. Determine the school district boundaries prior to selecting a property. School statistics can typically be found online. You may also want to contact schools directly for up to date information or to schedule a visit.
Local Trends
Real estate is all about location, location, location. Compare the home values in the specific neighborhood as it may vary from others and from the general city. Average selling price, total properties sold, and average listing time can tell you how desirable a neighborhood is and how quickly real estate there sells. A local real estate agent can pull these statistics for you. Evaluate not only information for this year but also for prior years.
Neighborhood Characteristics
Take the time to drive up and down a neighborhood prior to submitting an offer on a home. Find the local amenities such as parks and shops. Visit at various times of day to catch traffic patterns. Review the maintenance of neighboring homes. Look up local crime rates on the Internet and by calling the local police department. Speak to neighbors as they usually know information not available from public sources. All of this will help you get a good picture of the area prior to making an investment in a property.
Covenants & Restrictions
Review the deed and other paperwork for a property and find any covenants, restrictions, and charges. If you have particular renovations for the home, check for rules applicable to those plans. If in a subdivision with private roads or shared amenities, inquire about annual fees and how often they could change.
Future Changes
Research the general area and the particular neighborhood on the Internet. This will reveal any recent news or public records. Look particularly for any contested changes or other items that may affect the quality of life. Neighbors can also be a great source of information.
More Neighborhood Selection Tips For Exeter NH Property Buyers
Buying a house is a important investment. Evaluating the items above will better protect that investment. Find a local real estate professional for guidance on different neighborhoods and for more neighborhood selection tips for Exeter NH property buyers. Using the services of a real estate professional may also make the home purchasing process less stressful. This information was compiled by Pam Cameron at Cameron Home Team.
Pam Cameron is a NH Realtor for the Cameron Home Team. She can be reached at 603-770-5096. Check out Pam's radio show & community website SeacoastPR.com.