Finding the perfect home can be a daunting task. Especially when there are so many variables to consider. Among all these factors, location is one of the most important of these variables. Choosing where to buy a home is a very important step in the home buying process.
Whether you’re relocating to a new area or staying in your current town, understanding how factors like crime rate, education level, zoning laws, local amenities, and even aesthetic appeal can impact your purchase will help give you the confidence and insight needed to make an informed decision.
With this blog post our goal is to provide you with an in-depth look at all the elements involved in deciding where exactly it’s best to buy your dream home.
Why Is Location Important?
Location is a crucial factor when it comes to buying a home. Choosing the right location can be the difference between having an enjoyable living experience and being in an environment that does not meet your needs. The geographical location, transport links, crime rate, quality of life and resale value are all important considerations for anyone looking to purchase a property.
Considerations for Choosing Where to Buy a Home
Let’s look at a few factors while choosing a location for your home.
1. Geographical Location
When first looking at potential homes, it’s important to consider the geographical location. Is it close to the places you need or want to go on a daily basis like work, school, or shopping? You may even want to look into future plans in the area and how they might affect your home value in the future.
Do you want to live in an urban area with lots of nightlife and activity, a suburban neighborhood for more space and family-friendly homes, or a rural area if it’s a bit quieter? So, make your decision wisely.
2. Crime Rate
No one wants to buy their dream home only to realize that it’s in a neighborhood with a high crime rate. Before you sign on the dotted line, take some time to do your research and dig into the local police department’s website to find crime rates for each area. You can even look up registered sex offenders within a certain radius of the property you’re interested in.
If you’re moving to an unfamiliar area, talking to a realtor or local residents can help give you a better idea of the crime rate.
3. Education Level
It’s also important to do some research into the quality of education in the area, especially if you have children. Look into the nearby public and/or private schools, their ratings, and the student-teacher ratio. If you plan to move to an area that has different school districts, find out what district your home would fall under so you can determine which schools your children will attend.
4. Zoning Laws
Knowing what the local zoning laws are before you buy a home can also save you from any potential headaches. Do some research on the municipal government’s website to find out what sort of restrictions might be imposed on your property, like noise levels and building regulations.
This is especially important for those looking to rent their property out as an income stream.
5. Local Amenities
Another factor to consider when deciding where to buy a home is the availability of local amenities like parks, libraries, hospitals, and shopping centers. It’s not only important for everyday life, but it can also increase the value of your property if you decide to sell in the future.
6. Aesthetic Appeal
Last but not least, make sure the home you’re considering has an aesthetic appeal that speaks to you. Take some time to drive around the neighborhood or visit it during different times of day to get a better feel for the area. Does it fit your style and lifestyle? Is it peaceful or hectic?
Are there sidewalks, bike paths, and other outdoor recreation spots nearby? These are all important factors to consider during your home buying decision.
Bottom-Line
No matter what criteria you decide is most important for you and your family, the goal should always be to find a location that meets as many of these requirements as possible. That is why choosing where to buy a home is a so important.
The right location can make all the difference when it comes to finding the perfect home, so take your time and do the necessary research to make an informed decision! If you need help with this step give the local Woodinville WA real estate experts at Butler & Butler guide you.
This is part of a 10 pare series Step By Step Guide To Buying A Home – A 10 Part Series Next up is Part 5: Finding the right real estate agent for you.
Contact Butler & Butler for all your Woodingville, Washington real estate needs or keep reading from 10 part series below.
- Financially preparing to buy a home including your credit score & a down payment.
- Choosing the right mortgage and getting pre-approved
- Needs vs Wants When Buying A Home
- Location, Location, Location – How to Decide Where to Buy a Home
- Finding the right real estate agent for you
- Red flags and things to know before you look at homes
- Viewing homes, open houses & home tours
- Making an offer, negotiations & and if someone else ofer gets accepted
- Escrow, home inspection & appraisal
- Closing & getting your keys