There are many things to think about when buying a house such as price and the condition of the home. Because of these things it can be quite easy to forget about a lot of other very important things. So before deciding on a area to purchase your next (or first) property in, have a think about the below.
Is The Area Booming
In our experience here at Property Village, we often look at newspaper articles which often have articles such as the “Top 15 Hotest Cities For 2015”. We look at these claims and make up our own minds if we believe them to be true. Then we would look at the one suburb further out from the city to one of these ‘booming’ suburbs and purchase property there. This often means that the prices are still cheap there and are likely to boom next. Obviously this is not a guarantee, but in our experience, we have seen it over and over again.
One important factor to help you decide on an area to buy a house is the demographics of that area. This can often help you determine how an area is doing and how healthy the population there is. So if there are a lot of people in an area which are unhealthy, obese, uneducated, these areas generally have more crime and may not be as safe for you and your family. However, if you are ok with these things, they also generally mean the housing prices will be lower but they may actually drop if the area gets any worse.
Are There Good Schools Near By
Often young families want to buy a home as they plan on having kids and want to have a family in this place. So these young families buy a house in a nice area but they didn’t think to look into how the schools were there or even if there were any schools in the area. This can be a major issue as some schools are far better than other schools and in some areas, families may have to travel up to 30 minutes each way to drop their kids off to school. So always have a look at which school are around and how far away they are.
Parks / Playgrounds
As your kids grow up, it is really handy to have parks and or playgrounds nearby. This will help them go outside and get some exercise. They will also be less bored at home and less likely to spend all their free time on computer games.