7 Tips for Choosing a Neighborhood

    7 Tips for Choosing a Neighborhood

    Buying the perfect home is so much more than finding a great floorplan or spacious yard; one of the biggest influences on the quality of life is the neighborhood in which the home is located. Choosing the best neighborhood for you and your family can affect your lifestyle in many different ways.

    Here are 7 important tips for identifying and choosing the right neighborhood for you and your family.

    1. Know Your Budget – Prices can vary drastically within a few miles based on the community. If you are unsure of your budget, contact your trusted lender or ask your Scarlett agent for a recommendation. They will help you get a clear picture of what you can afford without putting yourself into a financial bind. HUGE TIP: The more down payment (cash up front) that you have, the better off you will be in the end.
    2. Research the Local Schools – Even if you do not currently have school-aged children, schools affect property values more than any other single influence. Mecklenburg county has a great resource for determining if the school you are interested in is within your preferred school zone. Click this link to find yours.
    3. Remember your Lifestyle – Choose a neighborhood which allows you the kind of lifestyle which suits you. Would you like an urban feel or perhaps easy access to hiking or boating? Charlotte and its surrounding areas support SO many different types of living. If you’re looking for more of an open, country feel, take a look at the outlying cities of Concord, Gastonia, Belmont, Waxhaw, Matthews, Midland, Harrisburg. For city night life, stay in Charlotte and try the Plaza Midwood or NoDa neighborhoods. Lake life? Lake Norman, Cornelius, Steele Creek are all great options. The possibilities are endless in North Carolina.
    4. Check out Amenities – Ask about the community amenities: gym, pool, sports facilities, parks, etc.
    5. Read the CC & Rs (Covenants and Restrictions) – Every association has rules and regulations which affect the owners’ use of their property and every association is different. Read the CC & Rs thoroughly. Restrictions can range from pet restrictions to location of your garbage can on the property. They may seem silly at times, but their ultimate goal is to maintain property value and appearance.
    6. Study the Market – Ask your agent about the property values and growth. This is great knowledge to have, but don’t feel obligated to take all of this responsibility on yourself. Your Scarlett agent is well versed in the market tendencies, solid price points, and hot areas. Don’t hesitate to bounce ideas off of them.
    7. Remember your Commute – A lovely rural community might be relaxing, but remember you need to get to your job as well. With Charlotte completing I-77’s express lanes and the light rail Gold Line in the works, congestion in and around the city should continue to calm. Even with these additions, it would be wise to test drive commutes and see what you would be comfortable driving, twice a day.

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